SINGAPORE – Nearly half of Singapore employers are planning salary increases of “only 3 to 6 per cent” in 2018, according to recruiting company Hays. In the 2018 Hays Asia Salary Guide published on Tuesday (Feb 27), Hays described the numbers as “conservative” given an increasingly stronger economy in Singapore in 2018. Lynne Roeder, managing […]
Read MoreSINGAPORE – The service sector ended last year on a strong note, with overall takings up by 8.6 per cent for the last quarter of 2017 over the same period a year earlier. All services industries performed better in the fourth quarter 2017, with the information & communications services industry reporting the largest jump of […]
Read MoreSINGAPORE’S manufacturing sector staged a strong comeback in January after output suffered its biggest decline in two years the previous month, with output rebounding by 17.9 per cent year-on-year, thanks to a bounce back in electronics production. This easily topped expectations of a 7.5 per cent rise in production from analysts polled by Bloomberg. Factory […]
Read MoreSINGAPORE – Banking giant Citi on Monday (Feb 26) announced the appointment of Debopama Sen as its Singapore and Asean head for its treasury and trade solutions (TTS) business. Said Citi in a press statement: “She will oversee the Singapore TTS business, which provides integrated cash management and trade finance services to multinational corporations, financial […]
Read MoreSINGAPORE’S inflation stayed flat last month even though the cost of key items such as healthcare and education went up. There was no change in the consumer price index – the main measure of inflation – compared with the same month last year, said the Statistics Department. This was a dip from December’s rate of […]
Read MoreTEMPO.CO, Jakarta – Directorate General of Tax stated that financial data exchange and Automatic Exchange of Information (AEOI) for taxation purposes with Singapore will begin in September 2018. “We will begin information exchange with Singapore in September 2018,” said international taxation director at the tax DG John Hutagaol in Jakarta on Friday, Feb. 23. John admitted that the government […]
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