Tag: processes

The Heart of Singapore’s Productivity Challenge

January 14th, 2015   •   no comments   

Flying Robots Singapore

Flying robot waiters are nifty, but are they enough? (courtesy of RT.com)

How can we raise Singapore’s productivity? That is the multi-billion dollar question.

A recent report in Business Times offered suggestions by economists to lower the steep productivity growth targets for Singapore from 2-3 percent per annum to 1-1.5 percent. Various suggestions such as supporting Research & Development for the PIC scheme (which IRAS already supports by the way), and offering discounts for not hitting the foreign worker hiring ratio were suggested.
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