Transport Minister Raymond Lim has unveiled further measures to manage traffic flow on Singapore's roads. Among the most cutting - more ERP gantries and higher ERP rates. But to cushion the impact, Mr Lim also announced vehicle tax cuts for motorists and a $14 billion plan to expand the road network.

Motorists can look forward to another new expressway come 2020. The North-South expressway will cut travel time along the northern corridor into the city by 30 per cent. In highlighting the Government's plan to expand the road network, Mr Lim also addressed Singapore's growing vehicle population.

To encourage more motorists to give up their cars in favour of public transport, Mr Lim announced a slew of initiatives to make taking the bus and train easier and more comfortable.

Mr Lim explains why there's a need to tweak the way ERP rates are calculated and elaborates on plans to activate an additional 16 gantries on Singapore roads this year.

The Government is expected to rake in $70 million with the activation of the additional ERP gantries. But to sweeten the impact on motorists, it's giving back $110 million in vehicle tax cuts. To better manage the car population, Mr Lim also announced that vehicle growth rate will be halved to 1.5 per cent from May 2009.

In his keynote address at the annual Singapore Tripartism Forum, former Manpower Minister Ng Eng Hen - now Education Minister - reflects on the importance of not 'protecting' workers here through a clampdown on the foreign worker quota and a high wage policy. He also elaborates on the way forward for Singapore's workforce.