-
-
Hi, take a look at the pic i snapped when i was on bus service 130 heading home:

As you can see this man is holding crutches with obvious cast on other leg( not in pic ) is standing ever since he got up at bugis MRT bus stop and it was sardine packed until the bus driver skips a few stops. When i alighted he is still standing.. ive seen the people sitting infront of him.. ladies mid 20s to 40s.. with the rules about these green coloured seats pasted right above their heads and is supposed to let the elderly, pregnant and needy/disabled to sit yet they just continue and sit as if the man infront of them is invisible. How selfish can they be??
The bus i took is the new model from SBS which i think is crap.. they make so many space for people to stand and so little seats..
-
-
-
Wed, Jul 16, 2008
The Straits TimesI AM baffled by what Finance Minister Tharman Shanmugaratnam said in his address last Wednesday to some 500 unionists about being wary of wage-induced inflation.
He seemed to suggest that wage increment could contribute to inflation.
First, Singapore is a net importer of goods and the rise in prices is caused by the spike in world oil prices. The price increase, as one may term inflation, does not necessarily mean there is an increase in real demand for goods. Singapore imports the goods and any increase in manufacturing cost in other countries is passed on to us, even if there is no rise in demand here.
A rise in wages of a few percentage points is not likely to add significantly to the cost of production here as that cost is more likely driven up by the spike in fuel prices, which Mr Tharman cited at 64 per cent. Given the statistics, it is a little far-fetched to think a small increment in wages would stoke a second round of inflation.
Raising productivity seems like a panacea to the perennial problem of not losing that competitive edge. Productivity cannot keep increasing without added costs. There is an optimal output level and beyond that, diminishing returns set in.
Perhaps what should be emphasised here is having workers understand why pay rises may not be a long-term solution as employers have to manage smaller profit margins due to inflated raw-material prices. It is a delicate situation, so workers have to moderate their expectations to ensure the survival of Singapore companies in a fiercely competitive world.
Hong Wai Leng (Ms)
<!-- CONTENT : end --><!-- reader comment start -->
-
-
-
wts 60 gig ps3 rare (not in production/not sold in stores anymore) . 9.5/10 condition used for around 6 - 7 months. Looks new. Can play ps1,2,3 games(original). comes with 1 sixaxis controller (wireless) and 3 games. Devil may cry 4/ Grand Theft Auto 4/ Metal Gear Solid 4: Guns of Patriots. Interested parties can private msg me. May or may not reply if sold. price varies as product is not available in stores. person that quotes a good price/higgest bidder gets.


-



