The Government's "pro-growth" and "pro-worker" approach is the reason why tripartism works in Singapore, and this has given the nation an "enormous and enduring advantage" over the years, Prime Minister Lee Hsien Loong said. Tripartism can work in Singapore because the Government is both "pro-growth" and "pro-worker", Prime Minister Lee Hsien Loong said.
Tripartism — which involves "collaboration and compromise" between unions, employers and the Government — has created a "Singapore premium", he added. This benefits workers because companies and investors are willing to pay more to take advantage of Singapore's harmonious industrial relations and business-friendly environment
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