Labour Market Report Advance Release 1Q 2019 – An Overview on Employment Rates and Retrenchments Regardless of the indication of the economy facing a little turbulence in 2019, initial readings indicate that the market is still standing strong. Employment rates were going up whilst retrenchments remain unchanged. However, employment rates amongst residents went up as…
Singapore’s Real Total Wages in 2019 Might Not Be as Optimistic as Last Year While Singapore’s employment scene faced strong growth in 2018, upping the real wages to 4.2% last year, Real total wages in 2019’s prospects might not be as promising. Economists are predicting a less than optimistic outcome for Singapore’s labour market in…
Preparing and Filing Financial Statements Becomes Manageable With Standard Format Enhancements Made Available Corporate companies now can file their financial statements better with new XBRL updates released by the BizFinx preparation tool. Most companies doing business in Singapore are required to file their financial statements and submit them to the Accounting & Corporate Regulatory Authority…
Contactless Card Payments (SimplyGo System) Available in Singapore from June for Trains and Buses Singapore commuters will be able to pay for their public transportation on buses and trains using their contactless credit cards or mobile phones with the SimplyGo system from 6 June. Singapore’s Land Transport Authority (LTA) has expanded their SimplyGo system to…
The Labour Movement Is Concerned About How Will Workers Face the Fourth Industrial Revolution After the third industrial revolution, workers have been doing jobs more or less the same way, albeit with the advent of computerisation. For many, computerisation was thought to be the peak of modernisation. Yet, here we are today facing another industrial…
Foreign Workers From Other Industries Joins Orientation Programme – Help Them Adapt to Living and Working in Singapore Since October 2018, the Ministry of Manpower (MOM) has appointed Migrant Workers Centre (MWC) to conduct SIP for first time non-Malaysian foreign workers in the Construction sector. The SIP began in October 2018 and ended in March…
Singapore to Become World-class in Workplace Safety and Health Practices for Better Business Opportunities The working life takes up more than half of your entire life. In a lifetime, people change workplaces and work environments for better prospects. Thus, work plays a significant role in promoting a haven to brainstorm for ideas, to negotiate terms…
Singapore Tops List of Leading Maritime Capitals for Fourth Time Since 2012 For the fourth time running, Singapore has secured first place in the biennial Leading Maritime Capitals of the World report since 2012 when it was first published. The latest report which was released at the Sea Asia conference, held in conjunction with Singapore…
Rich Hong Kong Clients Can Set Up Investment Accounts Digitally by DBS By the third quarter, clients with high assets in Hong Kong would be permitted to set up investment accounts digitally by DBS with hopes to reduce the time taken to open a wealth management account to less than 12 minutes from the two…
Singapore General Hospital Awarded Third Best in the World by Newsweek Newsweek magazine has ranked Singapore General Hospital (SGH) the third best hospital in the world, thanks to its clinical research and “outstanding nursing”. SGH was recognised by Newsweek as a tertiary referral hospital which provided ancillary on-campus specialists centres. SGH was quoted as “providing…
