Tuesday, August 19, 2008

New $700m Deal : Better Days Ahead for the ECE Sector?

Hi Folks,
Last night's announcements during NDR by the PM portends well for us all in the ECE sector.

In case you missed it, here's the gist of what he said..
"..Childcare sector to get a big boost.

More centres will be built to give quick access to one.

They will be more affordable because the subsidy for a child will be increased.

Their standards will be raised.

Said Mr Lee: 'Before they reach school, the first six years, those are critical and you want to have the peace of mind that they are being looked after well.'"
The full-text of his speech on this ECE portion in this url below:

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