SINGAPORE: The bond between the ruling People’s Action Party and the National Trades Union Congress must be sustained and strengthened, as Singapore navigates the uncharted waters of global uncertainties, a new phase for its economy and technological disruptions, Prime Minister Lee Hsien Loong said on Tuesday .
This harmonious industrial relations catalysed investments and jobs, while Singapore’s industrialisation drive succeeded allowing the country to leapfrog the region and link up with the world.The PAP and NTUC worked as partners throughout this period of high growth, although this tripartite relation was also “severely tested” during “frightening” economic downturns in 1985, the 1997 Asian financial crisis and the 2008 global financial crisis.
Moving forward, Mr Lee said the bond between the PAP and NTUC leadership has "to be sustained and strengthened”.“The world is filled with uncertainties. Our economy is entering a new phase. Technology is transforming many industries. Emerging businesses are disrupting established players.”HELPING WORKERS
“The social compact, that trust that mutual reliance has been fractured,” said the prime minister. “People are angry and they just to want to tear the system down, because it is no longer working for them what comes after that, don’t know.” Singapore’s situation is quite different from Hong Kong’s, but it still warrants close attention, he said.
It also creates jobs and opportunities for workers so as to “enable every citizen to improve their own lives through their own efforts”.
Bond... James Bond... Oh, you mean a relationship between the government and the union? By right that shouldn't happen but doesn't the Singapore government already own the union? So what's the freakin point!! PAP Singapore Government NUTC Union
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