Property giant CapitaLand's decision to restore wage cuts for its executives and management staff has the thumbs up from Manpower Minister Gan Kim Yong.

Yet given early signals of economic improvement here, he said it was up to companies to set the pace to restore pay cuts, adding that imposing a deadline would not be 'practical' at this stage.

Mr Gan made these remarks on the sidelines of an event yesterday to reward winners of a Junior Chef competition, organised by Teck Whye Secondary School.

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