A job offers best welfare, but there's need to adapt social safety nets: DPM
Mr Heng also unveiled 4-prong strategy to deal with post-Covid world, including finding new ways for Singapore to be a vital node in the world
Add BT as a preferred source
Singapore
THE government "will keep an open mind" to various ideas for strengthening Singapore's safety nets, such as a minimum wage, universal basic income, and unemployment insurance, said Deputy Prime Minister and Finance Minister Heng Swee Keat in Parliament on Monday.
But it will do so while considering the trade-offs, and staying true to principles such as not creating dependency, he added.
TRENDING NOW
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
BlackRock said to be in exclusive due diligence for Capri by Fraser China Square
‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
