An SVP for
Kelly Services Asia-Pacific says that the current
wage increases are "sustainable", although they are rising at "a much faster rate than five years ago".
Quote:
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"They have not reached critical points as yet. I don't see huge spikes in salaries over the next 12 to 18 months."
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This is reported in the Business Times.
http://www.salary.sg/2007/salary-hikes-sustainable/