i think so far Banyan Tree towkay is the most sharphttp://ifonlysingaporeans.blogspot.com/2012/04/shock-therapy-wage-fixes-need-to-be.html However, I am particularly concerned about a peculiarly Singapore problem: We have a two-tiered economy which is not sustainable. We have, on the one hand, a high-productivity and skills-competitive export economy (which includes not just manufacturing but also financial and other services) and, on the other, a low-efficiency, unsustainable domestic economy, which I define as all the businesses which essentially serve customers located in Singapore. By and large, these are small and medium-sized enterprises engaged in retail, construction, hospitality, cleaning, nursing, and the like.The main reason for this sector's low wages and productivity is the liberal import of unskilled workers in this sector. And it is not sustainable because the increase of such workers required to satisfy the growing domestic economy will be inevitably greater than the ability of infrastructure, such as transport and housing, to keep pace. This is now apparent to regular public transport users.It is this sector which requires restructuring - rapid productivity increase coupled with wage increase. Prof Lim says that a radical wage increase will force productivity increases. His detractors say that productivity increase must come first. It sounds like a chicken-and-egg argument to me. Both must happen at the same time, and with no delay.Specific sectors need to be identified; unions, employers associations, and the trade associations in these sectors need to have a coordinated approach. True tri-partism will be required here as the medicine will be painful.