channelnewsasia.com - Job security and help to cope with downturn tops pre-Budget dialogue
   
 
  blogs  
 
yournews
   
   
 
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Singapore News

 
 

Job security and help to cope with downturn tops pre-Budget dialogue
By Imelda Saad, Channel NewsAsia | Posted: 13 November 2008 2329 hrs

 
 
Photos  of

   
 

SINGAPORE: Job security and help to cope with the current financial downturn were some of the concerns raised at a pre-Budget dialogue session on Thursday evening.

Some 60 Singaporeans - ranging from students to retirees and working professionals - attended the session organised by the Singapore government's feedback arm, REACH.

Many participants cited the recent lay-offs by banking giant DBS as an example of how shaky the job market is. And several were concerned over job security, especially for older workers.

Recent comments by government leaders that next year's Budget will have to focus on help measures for businesses also prompted participants to urge the government not to forget low-income Singaporeans as well as the sandwiched class.

To this, REACH chairman Dr Amy Khor gave the assurance that needy Singaporeans will not be neglected.

She added that helping businesses stay competitive will also generate jobs.

On the wish list of many was lower Goods and Services Tax (GST) or at least a preferential GST for basic services like healthcare and education.

Dr Amy Khor said: "I think the issue here is a concern about rising costs. This is something that we need to tackle but it may not necessarily be in the form of lowering GST. Very often we forget that GST offsets have been given, which will cover especially the low income people for a number of years."

Other interest groups will have a chance to air their views on Budget 2009 as REACH is planning a series of dialogues over the next few weeks up to January. - CNA/vm


 

 



Other singapore News
First batch of 50 electric vehicles to arrive next year
Concerns over demand & supply of HDB flats to be raised in Parliament
CASE, NTUC Income sued by 2 private schools for some S$10m
2 special education schools to provide vocational education programme in 2010
SM Goh urges board members of charities to provide better leadership
Thursday's floods an event that occurs once every 50 years
4 under investigation for selling illegal medicines over Internet
Singapore's F-15 fighter jets inaugurated in US by DPM Teo
10 people arrested for loansharking activities
PM Lee confident Buddhist community will help keep society harmonious
Panel on Clean Energy identifies key areas of focus for S'pore
New exhibition of photos taken by HIV & AIDS sufferers
SGX Bull Charge charity run raises over S$2m for 12 beneficiaries
Foreign Minister Yeo addresses 3,000 Chinese entrepreneurs in Manila
Design festival, award exhibition launched at ION Orchard
Prime Taxis to roll out 30 hybrid cabs on Saturday

 

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