channelnewsasia.com - Government's S#dollar;3b package has helped to offset higher costs
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  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

 
 
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
MOH to conduct health survey from March to June next year
More turn to sub-letting HDB flats
MM Lee says Singapore's economy may grow 3% next year
Chinese President Hu to make 3-day visit to Singapore next week
S'pore hopes to lay foundation for economies to emerge stronger
Health Minister expects foreigners to come to Singapore for H1N1 vaccine
Health Minister Khaw praises NKF's Kidney Live Donor Support Programme
Foreign media give APEC organising committee "thumbs up"
APEC guests & staff expected to consume 63 tonnes of food
Retailers near APEC Summit venue report dip in sales of up to 60%
Palliative care can be extended beyond cancer with increased awareness
Four blocks in Bukit Merah View to undergo Selective EnBloc Redevelopment
APEC officials discuss ways to make economic growth more inclusive
Applications for LKY Scholarships open
10,000 join in family day outing organised by Vasantham and PA
Frontier Community Place officially opens
Football: Geylang Utd edge out Bangkok Glass to win Singapore Cup final
Haematologist suspended for failing to exercise due care
Man assaults ambulance crew in Jurong West
Horse Racing: El Dorado wins Singapore Gold Cup race

 

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