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Salaries in Singapore likely to rise 3.9% next year: Mercer

SALARIES across industries in Singapore will likely rise by an overall 3.9 per cent next year, without taking into account inflation, human resource consultants Mercer said on Wednesday. The majority of industries in fact will enjoy higher salary increases, with the exception of the life insurance, Internet, real estate, banking and logistics industries. The findings […]

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Philippines: Government readies estate tax amnesty in 2018

MANILA, Philippines — The Duterte administration is planning to roll out next year its amnesty program for individuals and corporations with unsettled estate tax liabilities, according to the Department of Finance (DOF). In an interview, Finance Secretary Carlos Dominguez confirmed to reporters the government is considering to implement its tax amnesty program in 2018, starting […]

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Lawmaker warns Filipino investors about ‘extremely risky’ bitcoins

Manila, Philippines — A lawmaker on Wednesday warned Filipino investors from temptation of buying bitcoins, saying such a type of digital currency are “extremely risky investments.” “Cryptocurrencies like bitcoin are a promising low-cost remittance platform for Filipino workers sending their earnings home but they are extremely risky investments due to lack of regulatory protections for […]

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Asian women tend to delegate money matters

Wealthy women in Asia are more likely to delegate key financial decisions to family members than their male counterparts, according to a recent YouGov and Saij Elle survey. The share of wealth in Asia owned by women is rising rapidly, yet close to a quarter of rich woman in Asia leave retirement and investment decisions […]

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