CHALLENGES: Boosting the Singaporean core

Roadblocks loom in raising worker productivity

Outward-facing sectors like manufacturing generally outperform domestic sectors in productivity, says OCBC Bank’s Ms Selena Ling. ST PHOTO: KUA CHEE SIONG
New: Gift this subscriber-only story to your friends and family

Labour productivity continues to be one of the Singapore economy's main challenges, despite consistent growth in this area over the past 10 years.

A decade ago, the Economic Strategies Committee set a productivity growth target of 2 to 3 per cent a year for the economy.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

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

Join ST's WhatsApp Channel and get the latest news and must-reads.