He served as chairman of the National Wages Council for 29 years and held the title of Emeritus Professor at both NUS and NTU. Read more at straitstimes.com.
SINGAPORE - Professor Lim Chong Yah, an eminent economist who led a body forging wage consensus for Singaporean workers for nearly three decades – died on Saturday morning.was born in Malacca. His mother died when he was eight.
He leaves two daughters and two sons. His eldest child is lawyer Lee Suet Fern, who is married to Mr Lee Hsien Yang – the younger son of first prime minister Lee Kuan Yew, and the brother of Prime Minister Lee Hsien Loong.As founding chairman of the National Wages Council – which issues guidelines on wage-related matters each year, based on a tripartite consensus – from 1972 to 2001, Prof Lim contributed to the economic development of Singapore.
“I have been very fortunate throughout much of my academic career to have the trust, the wisdom, and the invaluable advice of Prof Lim. He has been instrumental in his role in nation building, his many contributions to academia especially in development and policy economics, and his great belief that economics must be useful and relevant to society.”
“He loved to hear my thoughts on Malaysian politics and to share his own. We talked a lot about how Singapore arrived at where it is at.
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