SINGAPORE, June 8 — In a leap in efforts to improve the wages of cleaners in future, some 40,000 Singaporeans and permanent residents employed in outsourced cleaning jobs will receive a basic monthly income of at least S$2,420 (RM7,536.76) from July 2028, almost double what they are getting now. Those working as outdoor cleaners, healthcare […]
Read MoreFinance ministers from the Group of Seven (G-7) rich nations reached a landmark accord last Saturday (June 5) backing the creation of a global minimum corporate tax rate of at least 15 per cent, an agreement that could then form the basis of a worldwide deal. Major economies are aiming to discourage multinationals from shifting profits – […]
Read MoreSINGAPORE – It is too early to say how the global corporate tax rule changes proposed by the Group of Seven (G-7) will impact Singapore, but the Republic’s overall competitiveness has never been based on taxation alone, Finance Minister Lawrence Wong said on Tuesday (June 8). In a Facebook post, Mr Wong also said that Singapore will […]
Read MoreWHEN it comes to access and satisfaction with digital government services, Singapore remains largely divided. The city-state ranks highly overall in this aspect, but lags behind its global peers in bridging the gap between wealthy and lower-income residents. The government will also need to address issues of trust in data management. Singapore’s digital divide – […]
Read MoreSINGAPORE retail sales grew for the third straight month in April, off the low base from last year’s “circuit breaker” lockdown when most shops were shuttered. Still, sales remained below pre-pandemic levels, the Department of Statistics (SingStat) said on Friday. Some 11.2 per cent of April’s transactions came from online shopping. Retail sales rose by […]
Read MoreSINGAPORE – Singapore and the 10 other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreed on Wednesday (June 2) to start inducting Britain into the pact. A working group chaired by Japan and with Singapore and Australia as vice-chairs will oversee the process, which will involve conducting negotiations and submitting a report […]
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