Tuesday, February 16, 2010

J O H N :Singapore’s productivity level is 60—70% of what is possible: PM Lee

"(Husbands can) start by changing nappies!" said Mr Lee. "When the kids grow a bit older, you’re not just a father figure, but you’re helping around the house and showing them a good example, so when they grow up they also know how to look (after) the house."

Lee Hsien Loong , the Prime Minister of Singapore just discussed about the economy situation in Singapore .Pointing out there are possibilities for Singapore to increase its productivity by 60 to 70 percent . "It’s a turning point. Your numbers will grow more slowly and if you want the economy to do well, that means the productivity must go up," said Mr Lee. To help the staff to increase their productivity level , the government has come up with several ways and introduce some advanced devices to achieve the expectation .

Basically, it is a right time and right way to point out this problem. As the international economy crisis hits the Asia and influence Singapore’s original financial plan , the government must take the responsibility to cool down the over mass economy order . Singapore is a country with limited resource and space .In order to encourage domestic economic development, the financial strategy must very focus on productivity and working efficiency . The opening of Resorts World Sentosa and casino can also be consider as the another way of capital flow and investment return .

2 comments:

  1. I strongly agree with you on this problem. It is necessary for Singapore to increase the productivity. To overcome the finacial crisis, developing the local economy is the most significant part among the efforts towards the crisis.There are many ways to increase the productivity, such as introducing the advanced devices or technologies. However, I think that the most important parts is to change the attitude. In many asian countries, working for longer time means working harder, which develops a wrong working value. The policy should award those working smarter, who works more in a shorter time. Only a new working value can increase the productivity fundamentally.
    ------Crystal,Alphabet

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  2. Developint the productivity is what should be down during the economy crisis. It can save time and resourse and make work more efficiently. But I think it is very to hard to increase the productivity by 60-70 percent. The spokensperson may to too optimistic.

    I've visited the casino but I don't know how can it increase the productivity and I also wonder what strategy and methods do the government take to increase the productivity.
    Brian

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