‘Current Economic News’ Archives
Singapore ranked world no 6 for public debt (CIA.gov)
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2186rank.html Country Comparison :: Public debt This entry records the cumulative total of all government borrowings less repayments that are denominated in a [...]
Salaries of our fresh graduates 2010 – salary.sg
The latest graduate employment survey reports are out. The 2009 batch of graduates from NUS, NTU and SMU were asked about their starting pay and whether they were employed on a permanent basis. The highest starting salaries come from the [...]
Bread Talk: We do not want to hire Singaporeans (Temasek Review)
Bread Talk: We do not want to hire Singaporeans April 4, 2010 by Our Correspondent Filed under Headlines Leave a comment Written by Our Correspondent In other countries like Australia and New Zealand, foreigners are employed [...]
Local worker replaced by a China-born man as crane operator
I got terminated from my tower crane job at Sengkang HDB N4C9 project.They replaced me with a China-born man who just passed his tower crane course. On 16th March morning , I came to work as usual and was given the termination letter just like [...]
New York Times pays damages to Singapore’s leaders (Reuters 24 Mar)
New York Times pays damages to Singapore's leaders SINGAPORE Wed Mar 24, 2010 7:58am EDT Singapore's Prime Minister Lee Hsien Loong speaks during Standard Chartered's 150th anniversary dinner in Singapore February [...]
Wages of Singaporeans declined by 3.2% as PAP ministers increase their own by 8.8% (Temasek Review)
Wages of Singaporeans declined by 3.2% as PAP ministers increase their own pay by 8.8% March 16, 2010 by admin Filed under Headlines Leave a comment Written by Our Correspondent When one has the most expensive government in the [...]
Is The Singaporean Worker A Born Loser In His Own Country?
“I’d be very slow in stipulating (to operators) how best to run the concession policy.” Transport Minister Raymond Lim, in parliament Our latest parliamentary budget debate did threw up a lot of quotable quotes and some of them are [...]
Singapore is the only oddball developed country without any minimum wage protection!
From wikipedia, we are the only screwball among the first world nations not to have any mininum wage requirements! Australia - 543.78 Australian dollars per week; set federally by the Australian Fair Pay Commission Austria - the accepted [...]
Singapore: A Cheap Play On Asian Growth (Moneyweek)
By Cris Sholto Heaton Mar 01, 2010 "Worthwhile Canadian Initiative" is the most boring headline of all time, according to Newsweek magazine. But "Singapore's budget focuses on productivity" would surely give it a run for its money. The [...]
2010 Salary Review Report On Singapore (Robert Walters)
2010 Salary Review Report On Singapore Singapore experienced a turbulent year in 2009 with many sectors dramatically affected by the global financial crisis. Banking and financial services was affected across all functions and [...]
Singapore may take a decade to recoup its loss on UBS (Bloomberg 2 Mar)
March 2 (Bloomberg) -- It took the Government of Singapore Investment Corp. three days in 2007 to agree to prop up UBS AG, ailing from subprime losses. It may take a decade to recoup that investment of 11 billion Swiss francs ($10 billion). GIC, [...]
What works better for PMETs (Today 1 Mar)
What works better for PMETs 05:55 AM Mar 01, 2010 by Alicia Wong SINGAPORE - For the very low-skilled, older and low-wage workers, there is this assurance: A training scheme is being devised. But what productivity training is in store for [...]
China Is Still The Best Place To Find A Job (Jobs In China)
China Is Still The Best Place To Find A Job October 9th, 2009 by Stephen Cronin I said way back in December that expats are better off looking for a job in China than they would be back in their home lands. That obviously still holds true as [...]
Housing woes for a PR (Who moved my Singapore Cheese 25 Feb)
Housing woes for a PR Woke up this morning to this piece of news...heard from my mother, the unofficial broadcaster of all family news, that one of my uncles, a Malaysian PR living in Singapore for the past 15years, decided to give up waiting for [...]
