Saturday, September 29, 2012
700,000 more to 6 million people
I think the population growth would have been much higher going by what several friends have told me how impossibly difficult it has become for their companies to bring in PMETs.
Singapore as become a very desirable destination since the G successfully put us on the global map. A good guess is a huge number of people which we had not seen before must be knocking on our doors to get in. After all many other cities are facing legendary problems. They lose their jobs, they want to be here.
The discussion has lost its focus on how our growth is predominantly input led than productivity directed. This is poor quality growth. We cannot keep going this way. A hiatus though painful may be what is needed for longer term and less costly growth.
Posted by PengYou at 6:42 AM