Minimum wages is a “zero-sum game” and “an easy solution”: Lim Swee Say

Yahoo! News Singapore, 24 Oct 2013
Minimum-wages is a “zero-sum game” and “an easy solution”. At least that’s what Minister in the Prime Minister's Office and National Trade Union Congress chief Swee Say says.
While more than 90% of countries, ranging from developed nations such as the US to neighbouring countries like Malaysia, have seen merits in implementing minimum-wages, policymakers in Singapore continue to insist that such a system is not suitable for the island state.
We look at some arguments commonly brought up against minimum-wages, and explore whether they are really relevant to Singapore. Full story