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Singapore to create 4,000 new financial sector jobs

Singapore wants to bolster its status as a wealth management and foreign exchange centre as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. In a plan unveiled Monday, the Monetary Authority of Singapore said it aims to create 4,000 net new jobs in financial services and […]

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Singapore economy on path to recovery, steady growth in 2018: MAS

SINGAPORE’S economic recovery is gathering pace, with growth rates accelerating over two straight quarters thanks largely to a sustained increase in global electronics demand, the Monetary Authority of Singapore (MAS) said. While pockets of weakness remain in some sectors, growth is broadening beyond trade-related industries, with economic expansion expected to remain steady in the coming […]

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Singaporeans prepared to work past 65, 70

SINGAPORE: Singaporeans on the verge of retiring are prepared to keep working for longer than those that came before them. Men aged 55 to 59 had far greater expectations to work full-time past 65 and 70 than employees currently are, while women had such projections beyond 62, 65, and 70, according to the latest survey […]

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Singapore needs to be on guard for inflation pickup: Menon

[SINGAPORE] Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth continues to strengthen, and under those circumstances, the central bank – like others around […]

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