Changes in the Employment Act of Singapore - Posted on 7th February, 2014

The Parliament of Singapore passed the ‘Act’ which consists of the Parental Leave, Employment and other Measures Act on 12th November 2013. This will cause the Employment Act, called as ‘EA’ (Cap.91), to experience a few changes and will give bette...

Documentation of Indians in Singapore being verified by New Delhi-based firm - Posted on 30th January, 2014

A New Delhi-based firm has been hired by Singapore to hunt for Indians who present fraudulent documentation in their Singapore work permit applications. The Straits Times reported that Dataflow Services was hired by Manpower ministry to organize random checks on emplo...

86% of Singapore employees expect a pay rise in 2014 - Posted on 17th January, 2014

According to a new report from Hudson- a recruitment firm, in the coming year, a prominent number of employees in Singapore plan to change jobs. This is the recent sign of tight labor conditions in Singapore. Hudson’s ‘2014 Salary & Employment Insights...

Singapore's economy grows 3.8% on-year in Q2 - Posted on 12th August, 2013

The Ministry of Trade and Industry (MTI) said the economy grew by 3.8 per cent on-year in the second quarter, its strongest growth in three years. Singapore's economy posted strong growth in this year's second quarter, on the back of a robust performance from...

Management Changes at MAS - Posted on 8th August, 2013

The Monetary Authority of Singapore appointed Ong Chong Tee to succeed Teo Swee Lian as head of financial supervision as part of senior management changes aimed at strengthening the central bank’s leadership. Teo, a deputy managing director, will step down from ...

360 Productivity Framework for SMEs in Singapore - Posted on 6th August, 2013

Singapore company registration specialist Rikvin says that the 360 Productivity will help as many as 700 Singapore SMEs (Small and Medium sized Enterprises) navigate their way through productivity and become globally competitive enterprises. The Workforce Development Agen...

ANZ starts Second Bullion Vault in Asia - Posted on 2nd August, 2013

Catering to the growing physical demand, Melbourne-based Australia & New Zealand Banking Group Ltd. (ANZ) has started as second bullion vault in Asia. Eddie Listorti, co-head of fixed income, currencies and commodities, said that the new leased facility opened in Sing...

Here are Singapore's biggest growth pillars in 1Q13 - Posted on 9th July, 2013

Services sector rose 7.9% According to OCBC, the Singapore economy grew by a tepid 0.2% yoy (+1.8% qoq saar) in the first quarter, as the manufacturing sector contracted 6.8% yoy (-12.3% qoq saar). In contrast, the key growth pillars were the services sector (+2.7% yo...

Singapore is world's most fertile land for millionaires - Posted on 4th July, 2013

If you are looking to getting rich quickly then being in Singapore is your best bet to do so - provided you have a sound knowledge of personal finance. But if you are hoping that your fortune continues to grow exponentially over your lifetime, then you will have the best ...

Singapore Food Festival Returns 20th year Celebrations - Posted on 28th June, 2013

Food lovers can enjoy Singapore's best delicacies at different places, till July 28. This year, food festival aims to shed more light on the local culinary sight that have been popular over the decades. And for people who love to do it in style, they can enjoy...