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Tuesday, 03 January 2012 12:19

All hands on deck to weather storm

  • Written by  Andrew Loh
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Picture from: Bloomberg Picture from: Bloomberg

Tharman is the man, besides the Prime Minister, who will be the key brains behind Singapore's strategy to overcome the impending slowdown. In 2009, he devised and introduced a whole slew of measures to not only cushion the impact of the crisis for Singapore but also to take advantage of the lull to encourage workers to upskill and be ready for when the economy picked up again.

The government's S$20.5 billion Resilience Package was designed to keep businesses running, save jobs and allow workers to upgrade their skills. It was the first time in Singapore's history that the government had had to dip its hands into the country's reserves to fund the programmes in the face of the country's worst economic crisis since independence.

Read the full article, written By Andrew Loh for Yahoo Singapore, here: All hands on deck for S’pore to weather storm.

 


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Andrew Loh

Andrew Loh

Andrew's passion are social and political issues. His writings have been reproduced in other publications, including the Australian Housing Journal in 2010. Andrew also writes weekly for Yahoo Singapore which nominated him as one of Singapore's most influential media persons in 2011 and cited him for having "pioneered a new form of journalism in Singapore - the kind that dared to speak truth to power."

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