Shouldering costs so our lower wage workers can be paid more
Recently, it was announced that the Progressive Wage Model (PWM) for cleaners, security guards and lift and escalator technicians would see a greater increase, effectively boosting the salaries of all these workers. That’s great news but it also means that we, as consumers, must also play our part. What it takes to implement wage increases […]
Singapore’s strategy of staying open to MNCs to attract good jobs
In recent years, more surveys have shown that youths in Asia, including Singapore, show a marked preference for working in MNCs compared to local companies. It’s not hard to see where the allure lies, as millennials and Gen Z-ers are more attracted to a vibrant workplace culture. MNCs often offer flexibility and an interactive workplace […]
Good news – Singapore’s GDP grew 14.7% in Q2 2021!
Good news from the Ministry of Trade & Industry! The performance of the Singapore economy for the first half of 2021 was “stronger than expected”. The full-year gross domestic product (GDP) forecast is also upgraded to between 6.0 and 7.0 per cent. With our vaccination programme on track, Singapore’s economy is expected to continue to […]