PME Taskforce call for stronger support for PMEs who become involuntarily unemployed

sgmatters.com elementor 18057 elementor 18057 1

It’s been a full year since nine recommendations were made by the National Trades Union Congress (NTUC)-Singapore National Employers Federation (SNEF) PME Taskforce (PME TF) to strengthen PMEs’ employment and employability and enable them to compete fairly and more effectively in the labour market. Since the release of the recommendations, NTUC-SNEF has been working closely with the Ministry […]

World has to act against inflation before it becomes a serious problem: PM Lee

inflation, pm, lee, singapore, world, serious, problem

Inflation is rearing its ugly head, causing hardships in the world. Singapore is not immune to it. In April this year, Singapore Monetary Authority (MAS) tightened its policy, the third time in six months, as it aims to “slow the inflation momentum and help ensure medium-term price stability”. It also raised its forecast for core […]

The world is in for a perfect long storm shaped by a confluence of factors: Tharman

risk, fragility, tharman

The world has entered an era of profound uncertainty and fragility, Senior Minister Tharman Shanmugaratnam said. Speaking at the IMAS-Bloomberg Investment Conference on 9 March 2022, Mr Tharman, who is also MAS Chairman, said investing for the future has become a much more complex game, more complex than it was pre-pandemic, and also more complex than […]

Does GST hurt the poor the most? Arguments from PSP and WP.

spend, income, reserves, government, asset, future, generation, increase, land, PSP

Despite Finance Minister Lawrence Wong taking great pains and going to great lengths to explain how the government has designed the GST in such a way that it is actually progressive and not regressive, and does not hurt the poorer segment of society, the opposition WP and PSP continue to mislead on the impact of […]

What can we do about the rising cost of living?

workers, NTUC, inflation, cost, GST, living, work, rising, Singapore, continue, increase, job, training, business, growth, partners, tax, prices

Inflation and GST- two words that are emotionally charged. It can change a casual chat into a loud and sometimes angry debate, or it may even deflate your spirits as you rework your upcoming plans that require money. Beyond the dismay, most feel about the rising cost of living in the anxiety that things may […]

Work Hard for More Huat!

While most of us were at home, chilling on the couch watching Netflix and spending time with family and friends during this festive period, Mr. Steven Chua was busy on the roads, ferrying passengers to their gatherings. This father-of-three has supported his family as a taxi driver for 17 years. For him, forgoing family time […]