Published on 09 Jul 2023

Late economist Lim Chong Yah a major contributor to Singapore’s economic development: PM Lee

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 (NWC), Prime Minister Lee Hsien Loong said on Sunday (9 July) in a condolence letter to Lim’s wife. The emeritus professor, who taught at both NUS and NTU, died on Saturday at age 91. Under Lim’s stewardship, the NWC grew into a crucial institution unique to Singapore and trusted by all parties, Mr Lee said. In a tribute post, NTU described Lim as "an eminent economist and educator who has left an indelible mark", and whose "foresight and “innovative thinking has guided the economic and national development of Singapore”. 

(A reference to the TODAY online article can be found here)