SINGAPORE – Ministers from the Finance Ministry will continue to actively engage businesses, unions and other stakeholders, and develop a support package to help with the transition to higher retirement and re-employment ages. In a Facebook post on Tuesday (Aug 20) night, Deputy Prime Minister Heng Swee Keat said he had spoken to many unionists, […]
Read MoreSMALL and medium-sized enterprises (SMEs) are bracing themselves for a hit to profit margins as Singapore’s economic slump widens, with revenue growth their key concern going forward, according to the Singapore Chinese Chamber of Commerce and Industry (SCCCI)’s annual business survey. The preliminary results were revealed by SCCCI President Roland Ng at the opening of […]
Read MoreTHE Second Belt and Road Forum, held in Beijing in late April, marked the launch of BRI 2.0 and delivered a clear commitment to a more open, inclusive, sustainable and market-driven initiative. This addresses concerns that had previously been raised over debt burdens connected with BRI (Belt and Road Initiative) projects, their transparency and their […]
Read MoreSINGAPORE – Omnichannel logistics and channel management solutions firm UrbanFox is expanding to Vietnam and Malaysia with support from Enterprise Singapore, it said on Tuesday (Aug 20). UrbanFox – whose parent company is Keppel Logistics – worked with Keppel Land to establish online-to-offline (O2O) capabilities at Estella Place shopping mall in Ho Chi Minh City, […]
Read MoreCENTRAL Provident Fund (CPF) contribution hikes for older workers will kick off on Jan 1, 2021, with employers and employees each increasing their contribution by either 0.5, or 1 percentage point, depending on the age bands. Subsequent increases will not exceed 1 percentage point for either the employer or the employee, according to details released […]
Read MoreSINGAPORE – The Maritime and Port Authority of Singapore (MPA) along with its partners, have launched the first sector-specific guide that will provide both listed and non-listed maritime companies with a practical framework, including best practices for creating a maritime sustainability report. Other partners include the Singapore Exchange (SGX), Global Compact Network Singapore (GCNS), the […]
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