blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Singapore News

 

Government's S$3b package has helped to offset higher costs
By S Ramesh, Channel NewsAsia | Posted: 22 May 2008 1824 hrs

  Mr Lim Swee Say (file pic)
 
Photos  of

   
 


SINGAPORE: Labour chief Lim Swee Say said most grassroots leaders agree that the government's S$3 billion package to fight inflation has helped to offset the higher cost of living.

Mr Lim was speaking at a marine industry event to commend supervisors who have upgraded their skills through the Job Recreation Programme on Thursday.

He said prospects in the marine industry are bright and it is for this reason that Singaporeans – not just foreign workers – should take up jobs in this sector.

Mr Lim added there is a need to better educate Singaporeans about employment opportunities in the marine industry and how to cope with inflation.

He said: "The way we tackle inflation in Singapore is different from other countries. Here in Singapore, we are very clear that high inflation is here today and all of us have to face it because it's a global phenomenon.

"At the same time, we also recognise that if we try to solve the problem of inflation on its own, we are not going to go too far because fundamentally, we have to address the question of economic growth - to make sure the Singapore economy continues to grow and that jobs continue to be created, and that every Singaporean is trained to take on these jobs.

"Only when Singaporeans have a job and salary would they be able to, with the support of the government and the labour movement, cope with this higher inflation."


- CNA/so

 


Other singapore News
Govt to build 10 more family centres to bring help closer
Rehabilitation medicine to play bigger role
Costs a worry if employers' CPF rate raised
SMRT extends inquiries deadline to March
S'pore should try to up construction productivity: Khaw
GE results due to economic issues, says Shanmugam
S'pore Customs launches dedicated training school
Continuous improvements in education system needed: Education Minister
Singaporeans supportive of climate change actions
40 firefighters tackle fire at Riverside Road factory
MOE introduces new component in lower secondary humanities subjects
9 NMPs formally appointed
Educate public on need for social services: Chan Chun Sing
Police coast guards present patrol boats to Indonesian counterparts
Body found under CTE flyover
Man arrested for impersonating cop
Police bust illegal gambling den
43-year-old man jailed for having sex with minor
2 young women found dead at Changi chalet
Chinese national charged after "kicking policeman in groin"
Fire at Riverside Road factory under control

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions