Tag Archives: manpower

FOREIGNERS MAY BOOST MANPOWER & GDP, BUT POPULATION MAY BLOAT TO 18M

The man who is called the "architect of modern Singapore" tells CNBC that "Singapore must start planning for a population that could possibly hit 10 million". But did you know that if rates of population increase continued unabated like those before GE 2011, the population in Singapore would hit 18 million by 2050, with the percentage of foreigners going up to 62%?

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LIM SWEE SAY SAYS: UNEMPLOYMENT TO RISE BUT WE’LL EMERGE STRONGER

Manpower Minister Lim Swee Say has said that we will experience a rise in unemployment rate. In his May Day message, he said some sectors are still struggling with structural changes and would need more time to get through this stressful period. Although the unemployment rate for Singaporean workers rose to 3% last year, Mr Lim told people not to worry as he is sure the economy is still growing. He said while there is no shortcut to success, he is convinced that we will emerge stronger from this as long as employers and workers are faster in coping with challenges and adjusting to new environments. Don't say metal rice bowl, got wooden rice bowl must be happy already.

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SG SHOULD FOCUS LESS ON MANPOWER GROWTH, SO WHY STILL LOTS OF FTS?

Seems like Ong Ye Kung is getting the media limelight lately. He is in the news again today, stating that in order for Singapore to further be successful and to sustain economic growth, we cannot depend on manpower growth, but rather on innovation and productivity. Since he said cannot depend on manpower growth, why still we see many employers hiring foreign talent? Shouldn't the number for foreign talent go downwards, instead of upwards? After all, Minister Ong himself said we cannot depend on manpower growth. Anyways, smart of him to mention that our manpower limitations is also partly due to the need to preserve a sense of identity. Basically saying what Singaporeans want to hear, that foreign talent cannot be growing at large numbers at the expense of the local flavour.

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LIM SWEE SAY: FOREIGN MANPOWER CAPPED AT ONE-THIRD OF POPULATION

Responding to a question from MP Gan Thiam Poh (Pasir-Ris Punggol GRC) in Parliament on Tuesday, Manpower Minister Lim Swee Say said that foreign labor would be capped at the current one-third of the population in Singapore today. Mr Lim told the House that overall annual foreign workforce growth has moderated from 144,500 in 2007 to 34,000 in 2014. The slowdown, he says, was across all sectors.

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LIM SWEE SAY: COMPANIES NEED TO STOP “BEGGING” FOR MORE FOREIGN WORKERS

Manpower Minister Lim Swee Say had strong words for companies who are always appealing for leniency for foreign worker quotas. He said companies needed to realise that there is no turning back on foreign worker policies. He stated that Singapore can no longer afford to adopt a liberal policy towards taking in foreign labour if Singapore were to continue on this path, soon the local to foreign manpower ratio would be come 1:1.

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