Bloomberg article about manufacturing labor crunch

[AngMoG]

Saw an interesting article today: Bloomberg Article

Alcotec Precision Engineering Pte. owner Colin Kua turned down almost a third of his customers’ orders last year as he grappled with Singapore’s labor shortage. This year may be tougher.

[Barnsley]

Saw an interesting article today: Bloomberg Article

Alcotec Precision Engineering Pte. owner Colin Kua turned down almost a third of his customers’ orders last year as he grappled with Singapore’s labor shortage. This year may be tougher.

No labour crunch if you pay the wages though is there?

If your business model is based on low wages to keep your orders coming in then to keep prices competitive then a rethink is required.

My company shutdown our manufacturing here as we couldnt stay competitive manufacturing here.

[ScoobyDoes]

Interesting.......I believe it's partially his own problem for not investing in efficient productivity. The age old reliance on cheap labour must end.

It'll do good for our rentals though