[ad_1] SINGAPORE: Singapore’s foreign worker policies are shifting toward “quality rather than quantity,” but the country still welcomes foreign talent, Trade and Industry Minister Chan Chun said on Tuesday (September 8). Sing. Chan, who spoke at a virtual forum hosted by Standard Chartered, noted that there has been a lot …
Read More »Temasek’s portfolio net value falls from all-time high after COVID-19 ‘shortened’ a promising year
[ad_1] SINGAPORE: Temasek Holdings announced on Tuesday (September 8) a drop in the net value of its portfolio for the latest financial year, the first in four years, but said its balance sheet remains “resilient” and that it has the flexibility to rebalance your wallet accordingly. . For the year …
Read More »Parti Liyani case: Shanmugam says ‘something went wrong’ in chain of events, urges people not to ‘prejudge’ the review
[ad_1] SINGAPORE: Something “went wrong in the chain of events” that will have to be analyzed, in the case of an Indonesian maid who was acquitted of robbing the family of the chairman of Changi Airport Group (CAG), said the Minister of Internal Affairs and Right. K Shanmugam on Tuesday …
Read More »New unit for the next generation ERP system to be installed free in existing vehicles from mid-2021
[ad_1] SINGAPORE – The new On-Board Unit (OBU) to replace the current In-Vehicle Unit (IU) in existing Singapore-registered vehicles will be installed free of charge from the second half of 2021. In a press release on Tuesday (September 8), the Land Transportation Authority (LTA) said that the installation exercise will …
Read More »Temasek registers negative one-year performance, falls in portfolio value, companies and markets
[ad_1] Tue, September 08, 2020 – 3:00 PM TEMASEK Holdings reported on Tuesday that its one-year total shareholder return (TSR) had fallen into negative territory to -2.28 percent for the 12 months ended March 31, 2020, in part due to the sharp correction in the market in the quarter to …
Read More »The worst postwar economic recession in Japan could force the new leader to push the stimulus
[ad_1] TOKYO: Japan’s economy sank deeper into its worst post-war contraction in the second quarter as COVID-19 shook businesses more than initially thought, underscoring the daunting task facing the new prime minister to avoid a more pronounced recession. Other data puts that challenge in perspective, with household spending and wages …
Read More »Q4 Job Prospects Worse for Singapore Businesses: Survey, Economic News and Highlights
[ad_1] SINGAPORE (THE BUSINESS TIMES) – Employment expectations among Singaporean companies have worsened in the last quarter of this year, while overall business sentiment remains pessimistic. On Tuesday (September 8), the latest quarterly survey from the Singapore Trade Credit Bureau (SCCB) of 200 business owners and senior executives showed that …
Read More »Man pays $ 113 for an old woman’s gift and cake, which reads ‘Happy Birthday, Monter’
[ad_1] To commemorate his mother’s 85th birthday, Stomper Arthur decided to pour a cake for her. He bought her a plant as a birthday present, as well as a chocolate cake, which he ordered from Ferns N Petals, and paid $ 113 including delivery. On its website, Ferns N Petals …
Read More »Singapore shares rise at Tuesday’s open; STI up 0.2%, shares
[ad_1] Tue, September 08, 2020-9: 55 am SINGAPORE shares rose slowly on Tuesday, with the benchmark Straits Times Index (STI) gaining 4.15 points or 0.2 percent to 2,515.36 at 9:01 am. This occurs even as private sector economists now expect Singapore’s gross domestic product to contract 6 percent this year, …
Read More »China to Launch Initiative to Establish Global Data Security Rules: Report
[ad_1] NEW YORK: China is launching an initiative to set global standards on data security, countering efforts by the United States to persuade countries to protect their networks from Chinese technology, the Wall Street Journal reported on Monday (September 7). . Under its “Global Initiative on Data Security,” China would …
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