In his closing NDOC speech, Secretary-General Lim Swee Say highlighted three main areas which the nation needs to focus on and do better in, so as to bring national productivity back to positive growth.
Our workers are good. Our economy is competitive. Most importantly, our tripartite partnership is constructive and effective. By valuing, respecting and appreciating each other more, we can work even better together to be more ready for the future.
The Singapore economy is into a new phase. We are upgrading qualitatively, and not expanding rapidly like we used to. We grew 1.3 per cent last year, quite good given the weak global economy. This year we expect to grow between 1 and 3 per cent.
To build better workplaces, the tripartite partners have unanimously agreed there should be better protection for more workers, while ensuring flexibility to employers. Later this year, we will make changes to the Employment Act.