Thursday, March 06, 2014

Productivity remain low

Han Fook Kwong, ST editor,k did not share the optimism of the finance minister in fixing the challenges of the economy. Productivity continue to decline as more money is being spent on trying to improve productivity. 

I have been critical of the waste and the lost opportunity. There are many things that can be fixed at low cost, but they are unattended. The money spent on the Wage Credit Scheme and the Productivity and Innovation Credit is largely wasted.

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