Mr Lim Chong Yah, the founding chairman of the National Wages Council, died on Jul 8, 2023 at age 91.
SINGAPORE: The late economist Lim Chong Yah made a major contribution to Singapore’s economic"take-off" in his role as founding chairman of the National Wages Council , said Prime Minister Lee on Sunday .
Under Prof Lim’s stewardship, the NWC grew into a crucial institution unique to Singapore and trusted by all parties, the prime minister added. “These were drastic recommendations," said Mr Lee, who was acting minister of the Ministry of Trade and Industry then. It also paid attention to lower-wage workers, added Mr Lee, by crafting recommendations to make sure this segment received “meaningful wage increases and were not left behind as wages generally went up”.
Prof Lim has two daughters and two sons. One of his children, lawyer Lee Suet Fern, became the prime minister’s sister-in-law after marrying his brother, Mr Lee Hsien Yang.
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