Finance Singapore 新融

12/09/2020

They have to fly to nowhere else they are going nowhere.

Singapore Airlines Ltd. is planning so-called flights to nowhere -- trips that start and end at the same airport -- in an attempt to boost its grounded passenger business, the Straits Times reported Friday, citing unidentified people.

09/09/2020

2 unfortunate incidents of bodily injury happening in retail / business premises. Such incidents render businesses legally liable and causes business disruptions.

Get a quote and insure your businesses against such unforeseen circumstances, 91728864

https://www.straitstimes.com/singapore/courts-crime/toddler-dies-after-mirror-falls-on-her-in-fashion-store-at-jewel-changi

https://www.channelnewsasia.com/news/singapore/shaw-nex-cinema-2-hospital-ceiling-ventilation-collapse-scdf-13066828

SINGAPORE: Two people were injured after a ventilation duct collapsed during a movie at Shaw Theatres in NEX shopping mall on Sunday (Aug 30) ...

27/08/2020

"All foreign nationals applying for EP must meet our prevailing criteria, and all companies must comply with rules on fair hiring,"

Current minimum qualifying salary is $3900, it will be revised upward to $4500. from 01/09/2020 onwards.

SINGAPORE - There is no provision under the Singapore-India Comprehensive Economic Cooperation Agreement (Ceca) for Indian nationals to become Singapore permanent residents and citizens, said the Ministry of Trade and Industry (MTI).. Read more at straitstimes.com.

26/08/2020

It is important that businesses give Singaporeans fair treatment, invest more to strengthen and develop the Singaporean core.

THE government will make further adjustments to Singapore's foreign workforce policies, including raising the salary criteria for Employment Pass (EP) and S Pass holders. Read more at The Business Times.

22/08/2020

"national unity, global solidarity"

Tedros Adhanom Ghebreyesus' comments come as a number of countries are seeing a renewed COVID-19 spike in infections.

21/08/2020

Meant to provide great clarity, no change to scope of cover...

SOME unsavoury financial advisers have tried to upsell critical illness (CI) plans on exaggerated claims that more illnesses are due to be harder to claim - a move that has prompted the regulator to step in to put a stop to it. Read more at The Business Times.

20/08/2020

Sino-American tensions...

The U.S. suspended its extradition treaty with Hong Kong and ended reciprocal tax treatment on shipping with the former British colony, the latest salvo in escalating tensions between Washington and Beijing.

17/08/2020

Extended Job Support Scheme, by up to 7 months, 3 different tiers for different sectors.

Mr Heng talks about how the Government will continue its support for workers and businesses.. Read more at straitstimes.com.

12/08/2020

While 47 employers were put on the FCF watch list...

Employers / Business Owners should take note of the Fair Consideration Framework (FCF),

The Fair Consideration Framework sets out requirements for all employers in Singapore to consider the workforce in Singapore fairly for job opportunities.

You can read up more here,
https://www.mom.gov.sg/employment-practices/fair-consideration-framework

In short, fair and not discriminate on non job related characteristics.

SINGAPORE - Financial institutions should continue to identify Singaporeans with high potential for leadership roles and expand the supply of talented locals, the Monetary Authority of Singapore (MAS) said on Wednesday (Aug 12).. Read more at straitstimes.com.

09/08/2020

Majulah Singapura

08/08/2020

Singapore's recovery will start to take shape in the second half of 2020, aided by the manufacturing and financial services sectors, said an economist.. Read more at straitstimes.com.