Enduring solution to rising business costs needed: Inderjit
He calls for Cost Competitiveness Committee to study issue while also pushing for national minimum wage
Singapore
THE government needs to find a permanent solution to rising business costs, instead of allocating large amounts of funds from each year's budget to cushion companies against growing expenditures, said Member of Parliament Inderjit Singh (Ang Mo Kio GRC) on Wednesday.
However, he also called for a mandatory minimum wage for low-wage Singaporeans - a move that will inevitably raise business costs further.
Speaking on the second day of the budget debate in Parliament, he gave voice to businesses, particularly small and medium-sized enterprises (S…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China’s prices are just too low for buyers to sweat about tariffs
Japan’s corporate service inflation perks up in March
New Zealand first-quarter imports fall amid sluggish economy
Hong Kong crypto ETF launches will test ambition to be digital-asset hub
UK pay settlements edge lower in first quarter: industry survey
Trump jury told how publisher buried negative press