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Businesses say the government’s $48.4 billion Resilience Budget have been timely and impactful in helping to meet pressing concerns such as wage costs and cash flow issues, according to an online poll of some 380 participants conducted by the Singapore Bu
As the coronavirus outbreaks worsens, the government will now raise its co-funding of wages for local workers to 25%, with additional support given to the sectors that have been hit the hardest.
“With our declining local labour force growth, foreign workers are a necessary complement, but we must calibrate the inflow carefully, in a way that creates opportunities for Singaporeans," says DPM Heng. #budget2020
SINGAPORE (Nov 4): Today, one in five manufactured goods globally comes from China — a great leap from its 3% contribution in 1996. The rapid rise of China’s export engine, especially in manufacturing, and its ambition to produce the highly prized “
SINGAPORE (Oct 28): “Closing the gaps requires both jobseekers and employers to be more open and flexible.” – Singapore’s Manpower Minister Josephine Teo, on the widening mismatch between job seekers and openings available