Disruption the 'defining challenge' for economy
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Total wage growth in the private sector remained stable last year (2015), amid softer economic conditions and fewer profitable firms
Wage restraint okay for firms not doing well and facing uncertain prospects, but management must take lead
63 recipients lauded for supporting skills upgrading and building strong labour ties
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Guidelines for re-employing older workers also revised ahead of age cap going up to 67
Sector-focused strategy needed, and not just enterprise-level response: Iswaran
Ability to cope in uncertain climate a concern but many also warn against aid dependency
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