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'Cheap labor is on the way out.'.

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  • معلومة اضافية
    • الموضوع:
      MALAYSIA; SINGAPORE
    • نبذة مختصرة :
      The article deals with the decision of the Singaporean government to end the era of cheap, unskilled labor to prevent the flow of foreign workers from Malaysia and elsewhere. Despite the fact that the country needs more guest workers, the government has ordered industry to adopt higher technologies that require fewer workers. The government also decided to eliminate tight controls on wages. The multinational companies affected by the order include Texas Instruments and General Electric.