THE majority of Singapore-listed companies have at least one woman on their boards for the first time, with the largest companies leading the improvements in board gender diversity, according to latest data from the Diversity Action Committee (DAC). The proportion of all-male boards slipped to 49 per cent as at end-June 2018, the first time […]
Read MoreWHEN it comes to manpower decisions such as raising the mandatory retirement age or retraining workers for new roles before retrenchment, businesses say flexibility is key. This viewpoint arose in response to news of the upcoming review of whether changes are needed on the statutory retirement age at 62 and re-employment age extending to age […]
Read MoreADDRESSING the potential risk that information stolen during the cyber attack on SingHealth may be used by fraudsters to impersonate customers and perform unauthorised financial transactions, the Monetary Authority of Singapore (MAS) has ordered financial institutions to tighten their customer-verification processes. With immediate effect, all financial institutions should not rely solely on the types of […]
Read MoreSINGAPORE – Shopmatic, a Singapore-based startup that provides e-commerce solutions to small businesses, has expanded into the Middle East, its third regional market after India and South-east Asia. Shopmatic is working with Network International, an e-payments solutions provider in the Middle East and Africa, to launch Go-online, a platform that allows small and medium startups […]
Read MoreSINGAPORE banks’ plans to retrain their frontline staff are gathering pace, with OCBC being the latest to put out fresh targets in reskilling over 300 of its bank tellers here. The bank said on Monday it would cut half of its bank teller jobs in two years. All the tellers at the 51 local branches […]
Read MoreSINGAPORE: Malaysia is inching closer to regaining its lead over Singapore’s economy after trailing for a third straight year. The nation’s gross domestic product was $314.5 billion in 2017, about $9.4 billion less than Singapore’s $323.9 billion, according to data from the World Bank. That deficit is set to shrink to just over $2 billion […]
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Thailand
