Singapore: At a time when protectionist sentiment is on the rise globally, Singapore must remain open to the world in order to attract investments and create good jobs for Singaporeans, Trade and Industry Minister Chan Chun Sing said. One factor that has played a part in the expansion of multinational companies here is the network […]
Read MoreSINGAPORE, Aug 29 — While higher manpower costs would be inevitable with the latest changes to salary requirements for work pass holders, companies contacted by TODAY said that the impact on costs is not something they are too concerned about. Instead, they, along with some industry observers, questioned whether these policy directions will achieve the desired effect […]
Read More[SINGAPORE] Singapore will remain “open and connected” as a financial hub even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade and Industry Minister Chan Chun Sing said. New rules to limit foreign worker visas won’t affect Singapore’s status as a business hub, Mr Chan said on […]
Read MoreALIBABA Group’s logistics arm on Thursday launched its first Singapore-China air freight route, which it said will help it fulfil its commitment to 72-hour global deliveries and anticipate shipment surges from upcoming shopping festivals such as 11/11. Cainiao Smart Logistics Network will operate four weekly chartered flights on the route between Singapore and Hangzhou. The […]
Read MoreMINIMUM salaries for Employment Pass (EP) holders in the financial services sector will be raised to S$5,000 from December, said the Ministry of Manpower (MOM) on Thursday, setting the bar S$500 higher than the tightened criteria for other sectors in the economy. This is the first time that the Singapore authorities have set higher qualifying […]
Read MoreSingapore Airlines has secured approval for passengers to travel between Kuala Lumpur, Malaysia, and Phnom Penh, Cambodia, transiting via Singapore. The process will renew travel between Malaysia and Cambodia (via Singapore) which was banned in August because of fears of COVID-19 spreading more widely. Singapore Airlines will run two weekly services between Phnom Penh and […]
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