For the third quarter, Singapore’s GDP shrank by 5.8% year-on-year, improving on Q2’s slump of 13.3%, with the outlook for 2021 looking optimistic.
The Ministry of Manpower (MOM) will work with employers and building owners to better manage infectious diseases in the workplace.
An industry-led coalition will explore advancing diagnoses for disease preparedness, containment and control.
Sectors like aviation, tourism and entertainment will remain in “suspended animation for some time to come."
Singapore has been ranked ninth in 2020’s list of the most competitive countries for talent globally, by the IMD World Competitiveness Centre.
The pass, says the Singapore government, will enable Singapore to build a strong tech base in the country, and bring more opportunities to the workforce.
Last year, online travel contributed about 50% to the country’s gross merchandise value.
Actions will be implemented in three overlapping phases over the next two years.
Singapore’s manufacturing output grew by 24.2% in September compared with the same month last year.
The growth of the financial services sector will generate more positions for digitally-ready PMEs, as Singapore's digital transformation continues.
Syamim Bin Selamat, a Principal Assistant Engineer with Singapore’s Land Transport Authority (LTA), shares his learning experience with WSDeg.
Robinson is the latest high-profile company to cease operations in Singapore at a time when unemployment is on the rise.
The economic impact of the COVID-19 pandemic has affected the jobs of many Malaysians working in Singapore.
More funding will be set aside to develop digital economy, said Singapore’s Deputy Prime Minister Heng Swee Keat.
Residents in Singapore are also the least optimistic when it comes to economic recovery in the next six months.
A survey by UOB also showed that older workers in Singapore are more worried about losing their jobs and becoming redundant in the job market.
The latest tranche of payouts in the Jobs Support Scheme is designed primarily to help employers pay the wages of about 1.9 million local employees.
Companies in Singapore have been given the green light to temporarily cut wages to avoid and minimize retrenchments.
Besides reducing the risk of burnout, a "Right to Disconnect" law can also help to improve productivity, argued a Labour Minister in Singapore
The phased reopening of the economy following Singapore’s circuit breaker is helping the recovery efforts of some sectors.
Only 21% of the job and training opportunities available in the retail sector since April this year have been taken up, says Singapore’s MOM.
A survey commissioned by the Straits Times highlighted that the majority of Singapore’s workforce do not wish to return to the office.
Singapore Deputy Prime Minister Heng Swee Keat believes the system needs to be improved to better match job candidates to job vacancies.
The Southeast Asia nation's all-time highest unemployment rate remains at 4.8% during the SARS outbreak in September 2003.
The Monetary Authority of Singapore has moved to allow SMEs facing cashflow difficulties to defer their loan repayments until 2021.
The Ministry of Manpower also reported that 9,000 opportunities were offered in the same period.
More employees will be allowed to return to the office subject to capacity limits, although work-from-home remains the default mode of working.
Trade and Industry Minister Chan Chun Sing said Singaporeans should not worry as there are 3.5 million jobs for 2.5 million locals.
The company, who has offices in Malaysia, Indonesia and Thailand, sees Singapore as a strategic location to expand its presence in Southeast Asia.
SIA CEO said it is the "hardest and most agonising decision", and that the retrenchment will be done in a fair and respectful manner.