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The New Paper
Study under way to implement progressive wage model in retail sector
Senior Minister of State for Manpower Zaqy Mohamad speaking to staff during a tour of the Adidas store at Jewel Changi Airport yesterday. He said the Tripartite Workgroup on Lower-Wage Workers hopes to provide an update on the study soon. TNP PHOTO: KEVIN LIM
Move could have major impact on industry that employs many low-wage staff
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Low-wage workers in retail may see their earnings rise if a study to implement the progressive wage model (PWM) in the sector bears fruit.
Salespeople and cashiers in supermarkets, convenience stores and fashion outlets may benefit from the move to extend the PWM to the retail sector, Senior Minister of State for Manpower Zaqy Mohamad said.
The Straits Times
Workers, employers welcome progressive wages in Singapore s retail sector
The retail industry faces low margins, and higher wages across the board will add to the financial strain.ST PHOTO: MARK CHEONG
PublishedFeb 24, 2021, 12:36 am SGT
https://str.sg/JHyJ
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7:02 PM MYT
Less government assistance could actually be a good thing, says Singapore Retailers Association executive director Rose Tong.- ST
SINGAPORE (The Straits Times/ANN): Next month s Budget is expected to target sectors hit hardest by the pandemic, but overall spending will be reined in after extensive support measures were rolled out last year.
Liang Eng Hwa, chairman of the Government Parliamentary Committee for Finance, Trade and Industry, told a pre-Budget roundtable: I m a bit more realistic about what to expect for the upcoming Budget because there are only so (many) financial resources you can use to help.
The Government set aside a $100 billion war chest to tackle the pandemic last year, with most of the funds used to support businesses and help workers keep their jobs.
The New Paper
Relaxed rules set to boost sales, but border reopening is key
Visitors outside Universal Studios on Dec 6. Footfall at tourist attractions is expected to grow by 15 to 20 per cent across the board. TNP FILE PHOTO
But game changer for all sectors will be the reopening of borders, and so much still hinges on vaccine roll-out, say experts
YUEN SIN & PRISCA ANG
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The move to relax restrictions and enter phase three of the economy s reopening on Dec 28 was welcomed by businesses, with those in retail, restaurants and the tourism sector hopeful of a boost to sales and footfall by 10 per cent to 20 per cent.