is it a sinkie only thing or all employee thing?
Unlike first world Scandinavian region.. Spore is surrounded by countries that provide cheaper labour resources. For manufacturing, firms can easily outsource or relocate their production bases elsewhere in SEA if minimum wage is implemented here. For food n services, consumers will pay the price.
You can't have a minimum wages for Singaporeans only. That is discrimination.Min. Age for sinkie.
But this scheme will be a disaster if garment do not control the floodgate for FW.
Garment do not wish to control the Floodgate.
So they will not agree to it.
Unlike first world Scandinavian region.. Spore is surrounded by countries that provide cheaper labour resources. For manufacturing, firms can easily outsource or relocate their production bases elsewhere in SEA if minimum wage is implemented here. For food n services, consumers will pay the price.
Israel and Estonia can do because they protect their own people first. Next boom is hungrary.Nearby low cost environment is a big danger if we raise the costs of our own local labour.
What the government should do is to bring next generations Singaporeans to higher pay jobs.
Why Isreal and Estonia can do but Singapore cannot? Answer: Temasek Linked Companies receiving too much help and taking too much of the best talents.
wage $7 per hour, big mac meal $7
if min wage become $10 per hour, big mac meal will cost $10
get what i mean?
Unlike first world Scandinavian region.. Spore is surrounded by countries that provide cheaper labour resources. For manufacturing, firms can easily outsource or relocate their production bases elsewhere in SEA if minimum wage is implemented here. For food n services, consumers will pay the price.



Because minimum wage is like telling you it’s ok to aim lower in life and work as blue collar workers. You still get a decent wage.
You can’t have this sh1t in Singapore