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Mind the labour gap

The transformation of the services sector and its transition to a manpower-lean structure will be critical to the health of the domestic labour market in the coming months and years.

FINANCE Minister Heng Swee Keat noted in his Budget speech that Singapore's productivity growth has been uneven across sectors, with some segments in the services sector like Food & Beverages and Retail remaining very labour-intensive. Growth in S Pass and Work Permit holders in the services...

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