Read more at https://www.channelnewsasia.com/news/singapore/pm-lee-hsien-loong-new-year-message-2018-9823236
(Updated: )
Ricky Lim ·
Singapore
Amid an uncertain external environment, Singapore must press on with plans to restructure its economy and invest in its infrastructure in 2018, Prime Minister Lee Hsien Loong said in his New Year message on Sunday (Dec 31).
Amid an uncertain external environment, Singapore must press on with plans to restructure its economy and invest in its infrastructure in 2018, Prime Minister Lee Hsien Loong said in his New Year message on Sunday (Dec 31).
This includes continuing to implement Industry Transformation Maps, and using SkillsFuture to inculcate lifelong learning and help workers to adapt and grow in new jobs, Mr Lee said.
“We have benefitted from the global economic upswing. But more fundamentally, our productivity has grown,” he said. “Singaporeans are upgrading and learning new skills, while businesses are innovating and adopting new technology. That is how we will stay competitive and ready for the future.”
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Ricky Lim ·
Singapore
The following is posted on:-
Tuesday, 1 May, 2012 2:57 PM
Ricky Lim
REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,
To raise productivity, everyone has a part to play :-
1. Business invest in capital tools and send workers for training
2. Workers upgrade skills to operate capital tools
3. Govt provide grants, provide good education, married govt R&D bodies with business etc
4. Government work with various industry to devise objective and tangible KPI to allow business, workers, union, gov, schools etc to shoot for the KPI.
5. Govt, business, bright individuals should scout overseas countries and industries that have make their industries productive and bring it back to Singapore and transform our business to be more productive.
6. Union encourage, provide relevant course for workers to upgrade
7. School train students in right course, right skills and married industry with courses.
8. Home, family members, social bodies have to support working members to provide a conducive environment for working members to be productive.
9. Look at whatever else things that can make the nation productive, to be productive.
10. Peg the wage increase vis-à-vis our regions, our competitors, our international competition to ensure that our wage increase are competitive and will not drive away business – causing massive job losses.
Sent: Tuesday, 1 May, 2012 3:24 PM
To: reachadmin@reachadmin.com
Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures
To elaborate further :-
(1) Ministry of Comm and iDA – should work with IT industries, foreign IT MNCs, local IT vendors etc to devise objective, tangible KPI productive figures in each technology areas and skillsets vis-à-vis global competition and regional competition – so that IT business and IT workers can target to meet the KPI productivity figures – and peg wage growth in % term and/or absolute term to the productivity figures and business profitability. Communicate this to the IT industries, business, IT workers, Union and schools. Make sure we are competitive with our global competitors and regional competitors.
(2) SLA should do the same with construction sector.
(3) Ministry of Finanace and MAS should work with the banking and financial sector. etc
ricky l
0Thumbs UpThumbs Down0Ricky L • a second agoRemove
That is, the concept above is how to transform Singapore Economy in 2016 - sector-by-sector (conceptualising the KPI for each sector) ---- and using targeted approach to transform each sector, each industry one by one.
Only then productivity in each sector, in each industry can be successfully transformed - supported by empirical, scientific measures.
Good that after 4 years --- the idea is taken up.
Like · Reply · Juvst now
Ricky Lim ·
Singapore
The origin of Industry Transformation Map (ITM).......................
Like · Reply · Just now
“We have benefitted from the global economic upswing. But more fundamentally, our productivity has grown,” he said. “Singaporeans are upgrading and learning new skills, while businesses are innovating and adopting new technology. That is how we will stay competitive and ready for the future.”
---
Ricky Lim ·
Singapore
The following is posted on:-
Tuesday, 1 May, 2012 2:57 PM
Ricky Lim
REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,
To raise productivity, everyone has a part to play :-
1. Business invest in capital tools and send workers for training
2. Workers upgrade skills to operate capital tools
3. Govt provide grants, provide good education, married govt R&D bodies with business etc
4. Government work with various industry to devise objective and tangible KPI to allow business, workers, union, gov, schools etc to shoot for the KPI.
5. Govt, business, bright individuals should scout overseas countries and industries that have make their industries productive and bring it back to Singapore and transform our business to be more productive.
6. Union encourage, provide relevant course for workers to upgrade
7. School train students in right course, right skills and married industry with courses.
8. Home, family members, social bodies have to support working members to provide a conducive environment for working members to be productive.
9. Look at whatever else things that can make the nation productive, to be productive.
10. Peg the wage increase vis-à-vis our regions, our competitors, our international competition to ensure that our wage increase are competitive and will not drive away business – causing massive job losses.
Sent: Tuesday, 1 May, 2012 3:24 PM
To: reachadmin@reachadmin.com
Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures
To elaborate further :-
(1) Ministry of Comm and iDA – should work with IT industries, foreign IT MNCs, local IT vendors etc to devise objective, tangible KPI productive figures in each technology areas and skillsets vis-à-vis global competition and regional competition – so that IT business and IT workers can target to meet the KPI productivity figures – and peg wage growth in % term and/or absolute term to the productivity figures and business profitability. Communicate this to the IT industries, business, IT workers, Union and schools. Make sure we are competitive with our global competitors and regional competitors.
(2) SLA should do the same with construction sector.
(3) Ministry of Finanace and MAS should work with the banking and financial sector. etc
ricky l
0Thumbs UpThumbs Down0Ricky L • a second agoRemove
That is, the concept above is how to transform Singapore Economy in 2016 - sector-by-sector (conceptualising the KPI for each sector) ---- and using targeted approach to transform each sector, each industry one by one.
Only then productivity in each sector, in each industry can be successfully transformed - supported by empirical, scientific measures.
Good that after 4 years --- the idea is taken up.
Like · Reply · Juvst now
Ricky Lim ·
Singapore
The origin of Industry Transformation Map (ITM).......................
Like · Reply · Just now
Like · Reply · 1m
Ricky Lim ·
Megan Ram -
Let me tell you a story.
About 3,000 years ago, a Prince (presumably can earn millions) if he become a King and rule the Country which will benefits all his citizens.
But he choose to leave his kingdom and go into the forest in quest for spiritual culitvation - and he eventually gain Enlightenment and vow to benefit all human mankind - and not limited to his citizen in his Country. While doing so, he rely on Kings and people to offer him alms (without the millions of dollars he would have earned if he remain as Prince and eventually the King of his Country).
So the story is the thing call Universal Law of Karma.
If he want to become King to rule his Country and benefit his citizens - his karma will entitle him to millions of dollars.
Howeever if he want to benefits all mankind and want to become a Buddha - his karma will mean forgoing his millions of dollars of income - but able to achieve his Bodhi Vows of benefitting and liberating all mankind.
Let me tell you a story.
About 3,000 years ago, a Prince (presumably can earn millions) if he become a King and rule the Country which will benefits all his citizens.
But he choose to leave his kingdom and go into the forest in quest for spiritual culitvation - and he eventually gain Enlightenment and vow to benefit all human mankind - and not limited to his citizen in his Country. While doing so, he rely on Kings and people to offer him alms (without the millions of dollars he would have earned if he remain as Prince and eventually the King of his Country).
So the story is the thing call Universal Law of Karma.
If he want to become King to rule his Country and benefit his citizens - his karma will entitle him to millions of dollars.
Howeever if he want to benefits all mankind and want to become a Buddha - his karma will mean forgoing his millions of dollars of income - but able to achieve his Bodhi Vows of benefitting and liberating all mankind.
Like · Reply · 1m
Ricky Lim ·
Even a Buddha must "work" and "contribute his worth" and must be seen to contribute his worth - to earn his alm in order for him to survive.
Otherwise, who will offer alm to the Buddha and who will listen to the discourse of the Buddha - if the Buddha is not seen to contributing his worth?
Otherwise, who will offer alm to the Buddha and who will listen to the discourse of the Buddha - if the Buddha is not seen to contributing his worth?
Like · Reply · 1m
Hawk Chen ·
What we want is our CPF money back once our age 55... But now all liao...
Lilian Chang
I prefer, the longer it stays in CPF the better, high interest rate way above the bank rate
Reply · 5h
Clifton Foo ·
Lilian Chang - if the only place you know where to put outside of CPF is bank, i call this epic fail.
Reply · 1h
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