Next year, Singapore’s lower-wage workers could be taking home a little more. The National Wages Council is recommending a pay rise of up to 7.5%.

But how much difference will it really make? 

And can businesses keep up amid a slowing global economy?

On The Big Story, Hongbin Jeong speaks to Dr Ong Ee Cheng, senior lecturer at the department of economics at the National University of Singapore, to find out more. 

Next year, Singapore&rsquo;s lower-wage workers could be taking home a little more. The National Wages Council is recommending a pay rise of up to 7.5%.
But how much difference will it really make?&nbsp;
And can businesses keep up amid a slowing global economy?
On The Big Story, Hongbin Jeong speaks to Dr Ong Ee Cheng, senior lecturer at the department of economics at the National University of Singapore, to find out more.&nbsp;

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Advertisement