Friday, October 10, 2008

Bad news don't come in single

When we are still trying to cope with the inflation, our Labour Chief said retrenchments likely if global downturn continues. Its like countering the Messatsu Gō Hadō, blocking the Messatsu Gō Shōryū & kanna the Shun Goku Satsu.. When will there be good news?

There is no running away from the current global economic downturn. Retrenchments in Singapore may be on the cards if the global economic crisis persists. And Singaporeans must be prepared - that their wages will be affected. Going forward, he urged companies to find ways to cut costs and upgrade their operations, said labour chief Lim Swee Say to the media on the sidelines of a tripartite forum on industrial relations on Thursday.

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