More funding for companies that work with unions to prepare workers for transformation: DPM Heng

SINGAPORE - Technological advancements should help workers do their jobs better, not replace them, said Deputy Prime Minister Heng Swee Keat on Wednesday .

These come amid the challenges of rapid technological advances, the changing workforce profile and sharper global competition, which may cause some workers to feel left behind. May Day Rally 2019: Additional 10% funding for unionised firms and e2i partners These include raising salaries of low-wage workers and reskilling, said Mr Heng.

But others try to redesign jobs and retrain workers so they can be redeployed. In turn, workers earn higher wages and improve their lives - a win-win outcome. "This is the remarkable capacity of our labour movement - to be the co-agents of economic and social transformation. And this capacity is something we must continue to strengthen," he added.

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Finance Minister Heng Swee Keat to become DPM from May 1Finance Minister Heng Swee Keat, widely tipped as Prime Minister Lee Hsien Loong's successor, will become Deputy Prime Minister (DPM) from May 1, a move political observers say further cements his position to take over Singapore's top post. The Prime Minister's Office (PMO)...
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