SINGAPOREAN CORE
Higher S Pass salary alone won't help local workers: economists
Low productivity gains stand in way of higher salaries; firms may also opt to automate
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Singapore
RAISING the minimum salary for S Pass holders is unlikely to benefit local workers, unless more action is taken, economists have told The Business Times.
Still, watchers welcomed the proposal as a necessary step to wean Singapore employers off lower-cost foreign labour, in the shift towards a higher-skilled economy.
