Category: Business

Some eligible residents can expect their cash disbursements as early as Dec 5.SINGAPORE: This December, all Singaporean adults will receive financial support ranging from S$200 to S$800 under the Assurance Package, designed to alleviate inflationary pressures and address cost-of-living challenges.According to the Ministry of Finance (MOF), approximately 2.9 million Singaporeans will receive up to S$600 …

Tenants eye alternative providers amid questions about WeWork's future, while industry occupancy rates remain high.SINGAPORE: Despite WeWork's recent bankruptcy filing in the United States, analysts suggest that demand for co-working spaces in Singapore remains strong. The SoftBank-backed company, which filed for Chapter 11 protection on November 6, stated that its locations outside the US and …

Insights on sector performance, negotiation strategies, and financial planning for a stable future.Despite global economic uncertainties, job prospects in Singapore are improving—but what about salary increments in 2024? While the terms "salary increment" and "pay raise" are often used interchangeably, they differ slightly in meaning.Salary increments typically refer to adjustments in an employee's base salary …

Tech in Asia Will Continue as a Subsidiary Under SPH Media, Enhancing Business Times' OfferingsSINGAPORE: SPH Media has announced its acquisition of Tech in Asia (TIA), a prominent technology media company. The acquisition aims to bolster SPH Media’s offerings, particularly those of The Business Times, and contribute to its broader transformation strategy.A spokesperson for SPH …

Police Cameras Have Played a Key Role in Solving Over 7,500 Crimes Since 2012SINGAPORE: The Singapore Police Force (SPF) has issued a tender to significantly expand its network of police cameras, aiming to double the current number to over 200,000 by the mid-2030s. This expansion is part of a broader initiative to improve coverage in …

People's Power Party Leader Sets Sights on Strengthening Political Alternatives and Forming New AlliancesSINGAPORE: Goh Meng Seng has been re-elected as the secretary-general of the opposition People’s Power Party (PPP), following the party’s congress on Sunday (Oct 29). The congress also saw the election of its fourth central executive committee (CEC), marking a new chapter …

Labour Market Shows Resilience with Low Unemployment and Steady Growth in Key SectorsSINGAPORE: Despite a challenging economic environment, employment in Singapore has increased for the eighth straight quarter, according to preliminary data released by the Ministry of Manpower (MOM) on Thursday (Oct 26). Excluding migrant domestic workers, the number of employed residents and non-residents has …

Redefining Success: The Roadmap to a More Inclusive and Purpose-Driven Future for SingaporeIn a shifting societal landscape, Singaporeans are moving beyond the pursuit of material wealth and instead are seeking deeper meaning in their lives. The evolving definition of the Singapore Dream, as articulated in the recently released Forward SG report, reflects this shift in …

Inflationary pressures ease as food, services, and retail prices moderateSINGAPORE: Official data released on Oct 23 shows that Singapore's core inflation has dropped to 3.0% on a year-on-year basis. This marks a significant decrease from the 5.5% recorded in January and February of this year, which was the highest in 14 years. The September inflation …

Temporary Waiver of Fees for Customers Above 60 Until End-2025 to Ease Transition to Digital PaymentsSINGAPORE: If you're still using cheques for your bills or purchases, get ready to pay a fee starting November 1. The new fees, which range from S$0.75 to S$3 (US$0.55 to US$2.19), will apply to each Singapore dollar-denominated cheque, according …