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Posted on 26/10/2023

Salary Increments and Pay Raises in Singapore – How Much to Expect in 2024 and the Near Future

Will global economic uncertainties affect average salary increments and pay raises in Singapore? Here’s what to expect in 2024 and beyond.

Posted on 26/10/2023

Singapore retrenchments increased in third quarter of 2023: MOM

SINGAPORE — Retrenchments rose to 4,100 in the third quarter ... The top reason for retrenchments for the third quarter of 2023 was business reorganisation or restructuring, which was consistent with ...

Posted on 26/10/2023

Singapore factory output narrows drop in September as electronics rebounds

SINGAPORE - Singapore’s manufacturing performance in September is fuelling hopes of a turnaround after a year-long slump as electronics, and especially semiconductor, demand rebounded . Total factory ...

Posted on 26/10/2023

Regulation leaves Australia trailing Singapore as investment hub

The Financial Services Council said Australia can rival Singapore as a destination for offshore capital if rules around new fund structures are improved.

Posted on 26/10/2023

Crypto Across Borders: A Look at International Regulatory Strategies

The word "Crypto" originates from the Greek word "kruptós" meaning hidden or secret. Cryptocurrency is a form of digital currency that exists in a digital ...

Posted on 26/10/2023

Singapore to lift melamine import conditions for Chinese milk

Singapore is to remove melamine-related measures for the import of milk products from China. Requirements were established following the 2008 milk ...

Posted on 26/10/2023

Singapore Remittance Market to Reach $13.34 billion by Volume, by 2032 at 5.2% CAGR: Allied Market Research

“Singapore Remittance Market Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investment), Mode ...

Posted on 26/10/2023

Singapore’s factory output decline narrows to 2.1% as electronics production picks up

SINGAPORE’S manufacturing output slid 2.1 per cent on year in September, slowing from August’s 11.6 per cent decline as electronics output climbed, data from the Singapore Economic Development Board ...

Posted on 26/10/2023

Singapore retrenchments rise in Q3, unemployment on a ‘slow uptrend’

A total of 4,100 people were retrenched in the third quarter of 2023, as compared to 3,200 in the previous quarter, says the Manpower Ministry (MOM).

Posted on 26/10/2023

Retrenchments in Singapore rose to 4,100 in 3Q2023 with majority from wholesale trade sector: MOM

The proportion of firms which indicated an intention to hire in the next three months fell to 42.8% from 58.2%.

Posted on 26/10/2023

Singapore retrenchments hit 4,100 in Q3, highest since Q4 2020

THE number of retrenchments in Singapore rebounded in the third quarter, even as the labour market expanded for eight consecutive quarters, early data from the Ministry of Manpower (MOM) showed on ...

Posted on 26/10/2023

Why building digital trust should be a business priority

Here's how TrustTech -- an emerging category of technology designed to foster trust, security, and safety online -- can help.

Posted on 26/10/2023

Punggol to host Singapore’s largest vehicle-to-grid testbed; work kicks off in November

PUNGGOL will soon play host to Singapore’s largest vehicle-to-grid (V2G) testbed. This comes as a consortium led by SMRT Corporation’s business arm, Strides, was awarded a grant to test the technology ...

Posted on 26/10/2023

Singapore’s AIOX Emerges with a New Fund Focused on Deeptech and Web3

SINGAPORE - Media OutReach - 26 October 2023 - AIOX Apex Angel ... corporation and public listing of corporates in various industries, including real estate, finance, manufacturing, blockchain, energy ...

Posted on 26/10/2023

Singapore bank UOB sees stronger 2024 outlook, third-quarter net profit trails estimate

UOB, Singapore's third-largest bank by assets, projected mid single-digit loan growth and double-digit fee growth for its 2024 outlook.

Posted on 26/10/2023

Singapore-based multi-currency app YouTrip raises another US$50 million in funding

YouTrip CEO Caecilia Chu says the company turned profitable in April and now processes US$10 billion in payments a year.

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