09-07-2024, 09:05 PM
Wage increases for low-income workers cannot be blamed for higher cost of living
Opinion: The Prime Minister’s suggestion that wage increases lead to higher prices is misleading, as it implies that labor costs are the main driver of business expenses in Singapore. In reality, high rental costs and indirect taxes are the primary contributors.
https://www.theonlinecitizen.com/2024/07...of-living/
Opinion: The Prime Minister’s suggestion that wage increases lead to higher prices is misleading, as it implies that labor costs are the main driver of business expenses in Singapore. In reality, high rental costs and indirect taxes are the primary contributors.
https://www.theonlinecitizen.com/2024/07...of-living/