Asian News Extracts with “quick” commentary
by: Aaron Rogers
(a) Human – Prductivity – Cattle
The island state Lion City is having an interesting debate on pay/wage gap in labour market. On one side is saying that drastic restructuring of wages for lower income groups is necessary to balance things up in the short term and it will induce productivity rise. On the other side of the fence seemingly are the “majority”, saying that to improve productivity first before wage increase is the way to go.
But, nobody could really answer the Productivity issue, currntly (the productivity) has hit bottle-neck with the island state’s economic structure and technology sphere of realism – resource and innovative limitations.
(b) What Goes Up Will Come Down.
caption: Kim says “It can fly alright!”
(North Korea’s missile/rocket launch fiasco)
caption: Drivers’ age goes Up; what comes down?!
(Singapore to extend cab drivers license till 75 years old)