Lim Chong Yah passed away on the 8th of July, 2023, at the age of 91. Here we look into the causes of passing of Lim Chong Yah, paying tribute to his contribution for Singapore’s economy.
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What is Lim Chong Yah?
Lim Chong Yah was born in 1932 in Malacca, Malaysia was a highly regarded economist and scholar who is renowned for his impressive time as head of the National Wages Council for an amazing 29 years. He is the most prestigious recipient of the distinction of being a professor-emeritus from two universities: the National University of Singapore and Nanyang Technological University. In the past, he was the Albert Winsemius Chair professor in Economics at Nanyang Technological University.
After his graduation, Lim embarked on an impressive career path that brought Lim back to the university of his former school that is The University of Malaya in Kuala Lumpur and where he was able to assume the position of lecturer, and later the director of the division in applied economics.
In the midst of this there was discussion about Lim’s possibility of being appointed to a cabinet post inside Malaysia’s Malaysian government. But the country was undergoing major tensions between the communities in the latter half of the 1960s. Thus Lim was offered a position at Singapore’s University of Singapore presented an opportunity for Lim in the year 1969.
Lim Chong Yih, defined by his deep understanding of economics and his dedication to the field and economics, has left a lasting legacy. His key role in shaping wage policies as chairman of the National Wages Council stands as an example of his huge contribution to Singapore’s economic environment. As a highly respected academic his influence is evident through his emeritus posts and a prestigious professorships.
Lim Chong Yah Passed Away
Prof. Lim Chong Yah, a respected economist who played a key part in the establishment of an agreement on the wages of Singaporean workers over a period of more than three decades died in the age of 91 the day of July 8th 2023. The native of Malacca to a shopkeeper’s father and a professor. Lim faced the loss of his mother when he was a child.
Professor. Lim received a scholarship to study economics in the University of Malaya, which was located in Singapore at the time. After finishing his education after which he joined Singapore’s administrative service. Singapore administration.
His expertise and contributions in the subject of economics helped him become the chairman of National Wages Council for an amazing 29 years. In addition to his position being a highly regarded Emeritus Professor title, the highest level of academic recognition for as well at the National University of Singapore (NUS) as well as Nanyang Technological University (NTU).
In 2005 Prof. Lim was appointed as the Albert Winsemius Professor of Economics at NTU which is a highly prestigious professorship that is reserved for scholars of repute. This further confirmed his reputation as an outstanding economist.
Professor. Lim is survived by two daughters and two sons. His oldest son, Lee Suet Fern, is a lawyer tied to his husband, Mr. Lee Hsien Yang, the son of Singapore’s former premier, Lee Kuan Yew, and is the brother of the Singapore’s current prime minister Lee Hsien Loong.
The demise of professor Lim Chong Yah marks the closing of a chapter in Singapore’s economy. His leadership in the establishment of the wage consensus as well as his achievements as a renowned economist have had a long-lasting influence on the nation as well as its workers.
What happened the Lim Chong-Yah Family?
The news of Professor Lim Chong’s passing has a profound impact on our hearts as we say goodbye to an outstanding economist who dedicated his life to creating a consensus for wages for Singaporean workers.
We were devastated when we found out that this amazing soul, who was born at Malacca and the child of a humble shopkeeper, passed away from this world at 91. We feel our hearts break when we think about the loss that was untimely, considering that he was afflicted with the deep sorrow loss of his mom when he was just the aged of 8.
How Did Prominent Economist Lim Chong Yah Die?
The cause has been revealed in a heartfelt ode of our loss, we mourn the departure from Professor Lim Chong Yah. a renowned figure in the world of economics. His constant determination to find a the consensus on wages for Singaporean workers adorned the passage of three decades. We are saddened to say goodbye to this illustrious figure who was a young man of 91, left our world on a sad Saturday morning.
In the direction of destiny’s dictates and whims, Professor Lim discovered a refuge by the sanctuaries of wisdom His mind was hungry for the knowledge that lies in the field of economics. The scholarship he was awarded from the University of Malaya beckoned him to explore the streets of Singapore which will forever leave an imprint impression on his spirit. With a fervent spirit and a fervent determination, he accepted the invitation and embraced the pursuit of knowledge.
Lim Chong Yah Obituary
In a formal letter of condolences sent towards Madam See Nah Nah, the wife of professor who passed away in the late Lim Chong Yah the late Ms. Lee expressed deep sorrow and acknowledged the crucial part Professor. Lim played as the chairman of the National Wages Council (NWC) during the pivotal years from 1972 until 2001. The period coincided with Singapore’s substantial economic growth.
The NWC is a trilateral body made up of representatives from the trade unions, the government as well as employers, served as the venue for yearly negotiations and suggestions. These discussions paved the way for a harmonious union and gradual wage increases, which contributed to the stability and expansion in Singapore’s economic growth.
The demise of Professor. Lim Chong Yih leaves an enormous gap in the world of economics as well as the area of industrial relations. His lengthy tenure as NWC Chairman and unwavering commitment to fairness and progress in wage policy have left an imprint on the economic landscape of Singapore. His leadership vision and dedication to the trilateral collaboration will remain in the memory as the foundation of Singapore’s progress towards prosperity and harmony in society.