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Ivan Png

Ivan Png

Dr Ivan Png is Distinguished Professor in the NUS Business School and Department of Economics at the National University of Singapore

In importing labour, the government must consider the implications of having a potentially huge supply of migrant workers, as well as differing employer needs. One way to ensure the scheme benefits both society and the economy is to auction off the rights to hire migrant workers.

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The Land Titles Ordinance was enacted in 2004 to set up a new registration system, but has still not been implemented. Homebuyers and owners need a digitised land register, like those in other leading cities, to reduce disputes, costs and uncertainty.

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