SINGAPORE consumer prices rose at a faster clip in May, up by 2.4 per cent year on year, with a boost from the low base of a pandemic-related downturn the year prior. Headline inflation has now registered its highest level since May 2014. It was a pick-up from 2.1 per cent the month before, and […]
Read MoreSINGAPORE: Singapore and Vietnam are discussing ways they can prepare to “gradually and safely” resume business travel and travel to “selected tourist sites”, said Singapore’s Foreign Affairs Minister Vivian Balakrishnan on Wednesday (Jun 23). Dr Balakrishnan said this will “hopefully” be done by the end of the year. The minister was wrapping up his four-day visit to Hanoi. It marked the […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore’s number of millionaires could increase by more than 60 per cent from 2020 to 2025, according to Credit Suisse Group, part of a surge in millionaires expected in Asia as financial capitals emerge from the Covid-19 pandemic. Singapore may have 437,000 millionaires by 2025 compared with 270,000 in 2020, according to […]
Read MoreThe move will help ensure the effective utilization of the Agreement on Singapore-Vietnam Economic Connectivity. The Vietnam-Singapore Industrial Park (VSIP), which has been a symbol for bilateral economic cooperation between the two countries, should be upgraded to become an environmentally friendly and high-tech industrial park model. Deputy Prime Minister Pham Binh Minh made the suggestion […]
Read MoreFROM June 30, a total of S$2.2 billion will be disbursed to 140,000 employers in Jobs Support Scheme (JSS) payouts. This will go towards supporting the wages of over two million local employees. To qualify for the payout, employers would have to have made mandatory Central Provident Fund (CPF) contributions for their local employees from […]
Read MoreMILLENNIALS and Gen Zs in Singapore feel more anxious and stressed than their global counterparts, even as fewer have spoken openly with their employers about their feelings. According to Deloitte’s 2021 Millennial and Gen Z Survey, 45 per cent of millennials and 40 per cent of Gen Zs in Singapore said they feel anxious or […]
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