Debate on President’s speech: Liang Eng Hwa on moderating cost increases and reducing job-matching friction
Singapore must endeavour to keep costs and prices stable to stay competitive and affordable, said MP Liang Eng Hwa. Speaking in parliament on Friday (Sep 26), he urged the government not to take its eyes off the market forces that are in play and where necessary, intervene in the best interests of Singapore and Singaporeans. He proposed various ways to rein in on “two sticky perennial issues” - moderating cost increases and reducing job-matching friction.
Singapore must endeavour to keep costs and prices stable to stay competitive and affordable, said MP Liang Eng Hwa. Speaking in parliament on Friday (Sep 26), he urged the government not to take its eyes off the market forces that are in play and where necessary, intervene in the best interests of Singapore and Singaporeans. He proposed various ways to rein in on “two sticky perennial issues” - moderating cost increases and reducing job-matching friction.
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