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Govt reins in CPF-defaulting employers

IN the World Economic Forum's annual assessment of country competitiveness, Singapore consistently ranks among those with the best employment practices, placing high in the top 10 on just about every measure of labour market efficiency. Interestingly though, the same survey in the 2013 Global Competitiveness Report also had Singapore executives citing "restrictive labour regulations" as by far "the most problematic factor for doing business", well above "inflation" or "insufficient capacity to innovate"....

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