Sunday, November 11, 2012
SMEs are mostly done for
Meanwhile quite a few pages later, is a story of how GV cinemas is coping with the difficulties of finding workers. They are automating.
Can many of the SMEs invest in like manner? I am afraid not. In fact unless we are willing to loosen the restrictions on foreign workers otherwise these SMEs must merge to the critical size before non manpower options become feasible. On their own this is not going to happen. Who will be the matchmaker? It is either you cause M&A among the SMEs to happen in a hurry or many local employees will lose their jobs. From Grace Fu's response, which must be utterly disappointing to the SMEs leaders present the government don't get it.
Posted by PengYou at 10:36 PM