SINGAPORE’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 […]
Read MoreSingapore: 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 More
Thailand
