Teo Chee Hean to head national productivity council
-
SINGAPORE: The Singapore government will be committing S$1.1 billion a year over the next five years to support the national bid to raise productivity.
This will be in the form of tax benefits, grants and training subsidies to support the national bid to raise productivity.
To oversee that, a new high-level National Productivity and Continuing Education Council, to be chaired by Deputy Prime Minister Teo Chee Hean, will be set up.
The council will also include members from the government, business community and labour movement.
Besides galvanizing the major national effort required to boost skills and enterprise productivity, the council will develop a comprehensive system for Continuing Education and Training (CET).
It will also oversee the work of the different government agencies and promote close collaboration amongst the business sector, workers and unions, and the public sector.
Announcing this in Parliament on Monday, Finance Minister Tharman Shanmugaratnam explained that the easy gains in productivity are over, following major strides in productivity growth in the past decades.
He added that making the next leap in productivity will involve transformations at three levels.
Firstly, Singapore will have to restructure its overall economy towards higher-value activities and exit from less efficient ones.
Mr Tharman said this broad economic restructuring is how major improvements in productivity have been achieved in many of the advanced economies.
As for which enterprises should succeed or phase out, the finance minister said it is for the market and not the government to decide.
Secondly, Mr Tharman said there is a need to upgrade individual industries and enterprises.
He said the Budget will extend strong support for them to do so, in every sector.
For instance, the government will give significant tax reliefs to businesses that invest in skills and innovation.
It will also provide grants for customized, industry-based initiatives.
Thirdly, the finance minister said Singapore must raise the skills and creative potential of every worker.
To do so, he said the government will progressively build up a first-class system for Continuing Education and Training (CET) over the next decade.
Mr Tharman said: "This will be a major investment in our people, up and down the skills ladder. However, we can only make our next leap in productivity and incomes if every individual takes the initiative to develop his skills and expertise, and accomplish more in his job and career. Our employers must also empower their people to find new ways to add value and help unlock every worker's potential."
To complement investments in productivity, Mr Tharman said Singapore must also manage the supply of foreign workers. The best way to do so, he said, is through the price mechanism. That is, by raising foreign worker levies rather than through imposing numerical limits.
Mr Tharman said: "This allows the foreign workforce to fluctuate across the economic cycle, and enables employers who are doing well and need more foreign workers to continue to hire them rather than be constrained by fixed quotas."
The finance minister said Singapore will phase in higher levies gradually over the next three years so that companies know well in advance what will happen and have time to adjust.
Summing up, Mr Tharman said that the various initiatives to boost productivity will transform Singapore into an advanced economy with superior skills,
quality jobs and higher incomes for citizens.
- CNA/ir -
mmm..
his own ministry isn't tat productive either
. for one, ppl alrdy ORDed haven't got their marksman reward payout -
someone who was from the armed forces trying to increase productivity?
AHAHAHAHAHAHAHAHAHAHAHA!!!!
-
Originally posted by the Bear:
someone who was from the armed forces trying to increase productivity?
AHAHAHAHAHAHAHAHAHAHAHA!!!!
by force and fear -
to think of it
they also killed themselves by artifically jaked up land prices.
You see lots of empty plots of land rotting in Jurong these days.
-
Originally posted by sbst275:
to think of it
they also killed themselves by artifically jaked up land prices.
You see lots of empty plots of land rotting in Jurong these days.
just stop importing "cheap" ah nehs and ah tiongs to do the work .....
remember last year when we redid the backyard ? .... we had 8 banglas and ah tiongs in the backyard for months, only two of them actually did work at any one time, all the banglas would just stand around and pose with towels on their heads texting and making calls to their phillipino booty calls and most of the ah tiongs would squat at one side in a row and smoke, the ah tiongs would only come alive after official working hours, when OT pay kicks in. I spoke to the contractor about this, and he could only shake his head and sigh. A bunch of lazier buggers I have never seen, is it any wonder that our productivity is falling ?
About the only fellow who knew what to do was this johor chap that came on a kup kia every morning .....
-
Originally posted by Fatum:
just stop importing "cheap" ah nehs and ah tiongs to do the work .....
remember last year when we redid the backyard ? .... we had 8 banglas and ah tiongs in the backyard for months, only two of them actually did work at any one time, all the banglas would just stand around and pose with towels on their heads texting and making calls to their phillipino booty calls and most of the ah tiongs would squat at one side in a row and smoke, the ah tiongs would only come alive after official working hours, when OT pay kicks in. I spoke to the contractor about this, and he could only shake his head and sigh. A bunch of lazier buggers I have never seen, is it any wonder that our productivity is falling ?
About the only fellow who knew what to do was this johor chap that came on a kup kia every morning .....
they've no skill
In fact ppl ever hit out abt our conservative housing construction technique due to over reliance on low skilled labour.
-
Originally posted by sbst275:
they've no skill
In fact ppl ever hit out abt our conservative housing construction technique due to over reliance on low skilled labour.
they are just lazy, period.
people talk about these poor fellows taking on a backside full of debts to come here to work, but their work attitudes often don't reflect that.
and nowadays you'll see fillipina maids with their bangla boyfriends pitching tents away from the beach at east coast parks. Who would want to pitch a tent in the afternoon beside the carpark half hidden by bushes ? No wonder people lose their 5k disposits all the time.
-
is he going to run it in army style ?
everyone must wake up 5am for morning 5km run
follow by static station exercise
so that all can be super fit and be more productive
-
being a platoon mate to political comrade and golf kaki to ah loong, Hean's phenomenal rise is assured....
there is HIS excellency's son's objective, Hean is the commander to ensure the goal is reached BY ALL MEANS...
sedihya! kakahnan buuuuuuu seng! recruits ... all of you listen here! u better make babies or else....
-
I'm sure he'll "get to the bottom of this".
Wonder how many more people he's going to fuck over along the way.
-
all i see is teo chhe hean vomit blood after trying to convince foreigners to improve productivity.
-
if those under him cant perform well
...
then
You all:!!!
Go sign extra for me now!!!
All not allowed to go home this weekend!!
-
or I'll discharge your!
-
Originally posted by the Bear:
someone who was from the armed forces trying to increase productivity?
AHAHAHAHAHAHAHAHAHAHAHA!!!!
Well look at it this way it would certainly not Lim Swee Say to run productivity???? -
DPM Teo to address Parliament on work of new council and challenges ahead
SINGAPORE : Singapore's Deputy Prime Minister Teo Chee Hean has said the country's drive to improve its productivity levels by two to three per cent each year needs the whole nation's effort.
Mr Teo chairs the newly-formed National Productivity and Continuing Education Council.
Speaking to the media at a community event on Sunday, Mr Teo explained that companies need to take the lead, while workers too have to take ownership for their own upgrading.
On its part, the government has a lot of work to do in the area of facilitation.
Mr Teo said he will speak on the matter next week during the Budget Debate.
He said: "We have made good progress in the past in our productivity drive and that is why we have been able to move our economy forward and have good jobs for many Singaporeans. But this is a constant effort and we have to renew and re-double our efforts.
"Our economy has changed and our workforce has moved up in terms of skills and productivity levels. And so we have to see how we can move even further up. While we have moved on, I must say the countries which are ahead of us have also moved on, and those countries behind us have also moved up.
"There are many things that need to be done. Companies need to take the lead. Workers also need to take ownership for their own upgrading and the government has a lot of work to do in the facilitation. It requires the companies, unions and government to work together."
Meanwhile, with Sunday being the 15th day of the Lunar New Year celebrations, 650 Pasir Ris residents joined their MPs for a lo hei session.
They tried to get those taking part to wear aprons for the event held at Pasir Ris Community Club. - CNA/ms -
improve his ministry's efficiency and productivity first la
need role model leh
-
DPM Teo better first help the common Singaporeans find meaningful work, including those under the silver ribbon project.
-
"Cheaper, better, faster"
"Cheaper, better, faster"
Repeat often and it could actually come true.
-
then we get a lower wage minister la
-
I wonder got first or last parade
anot?
-
Originally posted by sbst275:
then we get a lower wage minister la
We need to increase their salaries to make their productivity go up.
Why can't you understand this logic?
-
Originally posted by sbst275:
then we get a lower wage minister la
who works faster and harder. -
Originally posted by charlize:
We need to increase their salaries to make their productivity go up.
Why can't you understand this logic?
if they can say cheaper can go w/ better productivity, their pay should follow lor -
Originally posted by sbst275:
if they can say cheaper can go w/ better productivity, their pay should follow lorFirst day living in Sg?