[SINGAPORE] The Institute of Policy Studies (IPS) recommends that retirement ages be tied to a dynamic life expectancy measure. Its suggestions come ahead of planned updates from a tripartite workgroup about changing retirement and re-employment ages. The IPS said on Monday (Aug 5) that these ages should be based on health-adjusted life expectancy (Hale), which […]
Read MoreSINGAPORE: Singapore is Asia’s Monte Carlo, a playground of the wealthy. The city-state has two casinos, an annual Formula One race, and the third-highest concentration of ultra-rich individuals after Monaco and Geneva. It’s home not just to the “Crazy Rich Asians” caricatured in the eponymous movie but also, increasingly, Brazilian and British billionaires. Even the […]
Read MoreBANK users in Singapore, led by younger customers, welcome the entry of digital banks, according to a study consultancy firm JD Power released on Thursday. Overall, nearly two-thirds (65 per cent) of customers are interested in opening digital bank accounts in 2019, compared with 52 per cent last year. Some 70 per cent of younger […]
Read MoreSingaporeans are enjoying higher standards of living across all levels of income and types of housing, according to a government survey. For example, more households now own air-conditioners and have access to the Internet, even among those living in one-room and two-room Housing Board flats. The average rate of air-conditioner ownership across all households was […]
Read MoreBusiness sentiment for the rest of the year has fallen sharply among manufacturers here on the back of global trade tensions, according to a survey released yesterday. It found that 22 per cent of manufacturers expect a softer outlook over the next six months, while only 11 per cent anticipate conditions to improve. That equates […]
Read MoreBUSINESS sentiment for the second half of 2019 sank among manufacturers in Singapore on the back of global trade tensions, according to the latest quarterly survey by the Economic Development Board (EDB). A weighted 22 per cent of manufacturers expect a softer business outlook for the period between July to December 2019, while only a […]
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