Home News Tan Jee Say vindicated on his economic strategy

Tan Jee Say vindicated on his economic strategy

Author

Date

Category

- Advertisement -

 

PE2011 presidential candidate Tan Jee Say commented in a Facebook book that his economic strategy in 2011 was right after all.

In GE2011, Tan Jee Say proposed a 60B economic restructuring plan to strengthen Singapore’sl economy by proposing to rebuild the economy through a five year economic regeneration plan

His proposal was quickly shot down by late Minister Mentor Lee Kuan Yew, saying that manufacturing was still a backbone for Singapore’s economy. Moving manufacturing out would mean loss of jobs for Singaporeans.

- Advertisement -

In a recent human capital event held last week, Minister Josephine Teo asked employers to hire more mid-career professionals in place of automation. Mid-career professionals do bring the soft-skills which an AI algorithm or robot would lack.

Microsoft founder Bill Gates has also said that robots need to be taxed in the future.

With robots capable of taking over the jobs, should the government still continue to bring in more foreigners in line with their 6.9M population target?

Send in your scoop to news@theindependent.sg 

- Advertisement -

HOME decries “horrific, dehumanising, and abhorrent” abuse of Myanmar maid

A Singapore charity for helping migrant workers has expressed shock at the death of a domestic worker, abused by her employer. The abuse suffered by Myanmar maid Ms Piang Ngaih Don, 24, was “horrific, dehumanising, and abhorrent", said the Humanitarian Organisation...

China’s Sinovac vaccine arrives in S’pore, awaiting approval for use

Singapore – The first shipment of China's Sinovac vaccine arrived in Singapore on Tuesday (Feb 23). The vaccine is currently awaiting approval by the Health Sciences Authority (HSA) for use in Singapore. The Embassy of the People's Republic of China in Singapore...

Pritam Singh: Many Singaporeans feel CDC mayor salaries of S$660,000 annually are “outrageous”

Speaking in Parliament on Wednesday (Feb 24), Leader of the Opposition Pritam Singh said that many Singaporeans are of the view that the salaries of Community Development Council (CDC) mayors are "outrageous". He added that this was mainly because they are not...

Send in your scoop to news@theindependent.sg 

Theindependent