The Monetary Authority of Singapore (MAS) has been stepping up engagements with the top leadership of key financial institutions on the need to maintain human resource practices that are merit-based and support workplace diversity, said Ong Ye Kung, an MAS board member, on Tuesday. Speaking in Parliament on the second day of debate on the […]
Read MoreSINGAPORE, Sept 2 — Several business owners interviewed yesterday supported the call made by several Members of Parliament (MPs) over the past two days to put Singaporeans first when hiring. However, they told TODAY they hoped that policy moves and public rhetoric do not swing to the extreme — an outcome that a few other private sector […]
Read MoreSINGAPORE, Sept 1 — Singapore and Brunei Darussalam have agreed to establish a “reciprocal green lane,” starting this month, to facilitate essential business and official travel for residents from both countries. In a joint statement today, the Foreign Affairs ministries of the two countries said that both sides have agreed to allow cross-border travel to […]
Read MoreSINGAPORE’S international arrivals more than tripled in July from the month before, driven by a month-on-month surge in visitors from South-east Asia and the Greater China region. Despite the Covid-19 pandemic, roughly 6,840 visitors touched down in July, up from about 2,170 in June, according to fresh data from the Singapore Tourism Board (STB). Still, […]
Read MoreBUSINESSES are growing wary of what may seem like protectionist suggestions to keep the Singaporean core in professionals, managers and executives (PMEs) jobs, which some say could backfire in the broader scheme of things. On Monday, Member of Parliament Patrick Tay called for the minimum qualifying salary for Employment Pass (EP) holders in the infocomm […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bank lending in Singapore extended its slide for the fifth straight month in July, dipping 0.2 per cent from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) showed on Monday (Aug 31). Loans through the domestic banking unit – which captures lending in all currencies, but […]
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