Category: Business

Majority of respondents urge CEOs to publicly address employee welfare, climate change, and discriminationAs global priorities shift in the wake of COVID-19, there is rising demand worldwide — including in Singapore — for business leaders to actively advocate for social issues, particularly in collaboration with governments. Findings from the 2023 Edelman Trust Barometer, an annual …

Firms not yet verifying qualifications may face delays of over 18 days, HR experts warn.SINGAPORE: Many companies in Singapore already verify the educational qualifications of foreign Employment Pass (EP) applicants, so the new requirement to submit third-party verification proof, set to take effect in September, will not greatly impact them, according to businesses and human …

This action is part of a strategy to prioritize the retirement, housing, and healthcare needs of Singaporeans and PRs.SINGAPORE: Starting from April 1, 2024, the Central Provident Fund (CPF) accounts of individuals who are neither Singaporean citizens nor permanent residents will be automatically closed. This marks the final stage of efforts to align the CPF …

Debate over the MP’s past involvement with Business China intensifies amid ongoing conflict of interest questions.SINGAPORE: MacPherson MP Tin Pei Ling is facing increased scrutiny over her previous role at Business China, a non-profit organization, after her recent appointment at Grab sparked controversy due to potential conflict of interest concerns. These concerns first emerged weeks …

As *SCAPE McDonald's closes its doors, the farewell event highlights the transition of both the outlet and the space it occupies in the hearts of Singapore’s youth.*SCAPE's McDonald's employees gather near the restaurant’s entrance, huddled around their team leader, who speaks in hushed tones. A minute later, cheers erupt from the group. You might think …

The Emotional and Financial Journey of Hawkers After Shutting Down Their StallsTwelve years ago, when my parents first ventured into the F&B industry and opened their Penang restaurant along Thomson Road, the excitement in our family was palpable. We gathered around the old desktop computer, debating everything from the design of the signboard to the …

Mould issues at new BTO estates raise concerns about maintenance and the quality of Singapore’s public housing.‘Mould-gate’ began as things always do in Singapore: With an incensed Facebook post sparking the wildfires of an online furore.The post in question was written by one exasperated Jane Chai, living at Anchorvale Parkview in Sengkang. In it, she …

As China reopens, analysts expect renewed interest in Singapore's property market, but limited impact on overall prices.SINGAPORE: The easing of COVID-19 measures in China is likely to see a renewed interest from its nationals in buying property in Singapore, but not in such numbers that prices here will be significantly affected, property analysts said.With China …

From housing grants to working moms’ relief, here's what you need to know about Budget 2023.When our annual Budget statement was made on Valentine’s Day this year, hearts weren’t broken as they were… well, deflated. The culprit? Inflation, which looks set to continue for the first half of 2023, along with another GST hike in …

Budget 2023's measures should alleviate some concerns of young families getting their first homes, but may drive up resale prices.SINGAPORE: First-time homebuyers in Singapore are set to benefit from Budget 2023, with the government boosting housing grants to help them secure homes. However, property analysts caution that these new measures may also lead to increased …