Singapore in 3rd Place Among Least Corrupted Countries

Singapore in 3rd Place Among Least Corruption Countries

Singapore in 3rd Place Among Least Corrupted Countries Issued by Transparency International’s 2018 Singapore has climbed to the third spot behind Denmark and New Zealand as the top countries with the least corruption within the public sector. Transparency International’s 2018 Corruption Perception Index relies on a scale which starts from zero to 100. Zero being…

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Singapore Factory Output Increased by Surprising 7.6% in November

Singapore Factory Output Increased by Surprising 7.6% in November

Singapore Factory Output Raised by Surprising 7.6% in November November saw a surprising surge of 7.6% by Singapore’s factory output, despite the slowdown in the manufacturing sector. However, analysts say that this trend is unlikely to continue. Some analysts are predicting that 2019 will be worse for the manufacturing sector. Singapore’s factory output performance surprised…

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Basic Wage Increase and Mandatory Bonus

Basic Wage Increase and Mandatory Bonus

Recommendations for Basic Wage Increase and Mandatory Bonus Landscape Maintenance for Workers Accepted by Singapore’s Government Singapore’s government has accepted the recommendations which have been put forth about basic wage increases and a mandatory bonus landscape for maintenance workers. These recommendations were made by the Tripartite Cluster for Landscape Industry (TCL) and will be in…

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Foreign-Born Children Aged 12 and Below Must Undergo New Vaccination

Foreign-Born Children Aged 12 and Below Must Undergo New Vaccination

Foreign-Born Children Aged 12 and Below Must Undergo New Vaccination from 1 Feb 2019 The Ministry of Manpower (MOM) Singapore will be implementing a new requirement for all foreign-born children. Beginning 1 February 2019, all foreign-born children aged 12-years and below must be vaccinated for diphtheria and measles with the Health Promotion Board (HPB) before…

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Not Reporting Suspicious Transactions? You Could Be Facing Higher Fines

Not Reporting Suspicious Transactions? You Could Be Facing Higher Fines

If Not Reporting Suspicious Transactions, You Could Be Facing Higher Fines Failure to report suspicious transactions and terrorism financing will be dealt with harsher penalties, as laws are being updated and enforcement increased in Singapore in a bid to fight against these crimes. Changes to the legislation were passed in Parliament and will affect the…

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Digital Payment Service Providers to Be Streamlined

Digital Payment Service Providers to Be Streamlined

Digital Payment Service Providers to Be Streamlined in Singapore Singapore is moving to streamline all digital payment service providers who currently fall outside the regulatory schemes. These providers are set to be licensed under a new regime, under the new proposed Payment Services Bill. In a bid to safeguard consumers’ money, boost cyber-security measures and…

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