One of the focal points of the 2024 Budget speech and the Ministry of Manpower’s (MOM) Committee of Supply revolved around empowering workers, from supporting skills upgrading to enhancing retirement adequacy.
While businesses may welcome these measures, they do not directly address their key pain points: rising manpower costs and the challenge of coping with manpower shortages.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you