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Hyper-competition does not necessarily lead to better economic performance: PSP s Kumaran Pillai

- Advertisement - Singapore – Opposition Progress Singapore Party’s (PSP) Kumaran Pillai took to social media to urge more investment in local talent as many feel they “have gotten the short end of the stick” when it comes to employment. In a Facebook post on Friday (Feb 25), Mr Pillai quoted Transport Minister Ong Ye Kung’s views on Singapore doing well under a one-party system. “He (Mr Ong) does not believe in political competition and wants Singaporeans to put all the eggs in the PAP (People’s Action Party) basket,” wrote Mr Pillai. However, Mr Ong “sings to a different tune when it comes to managing talent, specifically foreign talent,” he added. According to Mr Ong, imposing a levy on Employment Passes (EP) would make the country’s enterprises less competitive on the global stage.

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