[ad_1] SINGAPORE: A day after the Ministry of Manpower (MOM) announced that all foreign worker dormitories were cleared of COVID-19, with the exception of 17 blocks in six specially designed dormitories reserved for quarantine, another 800 workers migrants had to be isolated. And it was all due to the discovery …
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 …
Read More »Daily report: what happened today, government and economy
[ad_1] Mon, Sep 07, 2020 – 6:30 pm Stories that you may have missed Private sector economists slightly lower Singapore’s full-year growth forecast to -6% PRIVATE SECTOR economists now expect Singapore’s gross domestic product growth to decline 6 percent this year, worsening slightly from previous expectations of a 5.8 percent …
Read More »China’s top chipmaker plunges 23% on threat of US blacklisting.
[ad_1] Photographer: Qilai Shen / Bloomberg Photographer: Qilai Shen / Bloomberg Semiconductor Manufacturing International Corp. fell the most in seven weeks after a report that the Trump administration was considering adding the chipmaker to a blacklist amid a mounting crackdown on Chinese tech companies. The shares fell 23%, the most …
Read More »Hiring slowed in Q2 2020, but ‘didn’t stop’: MOM survey
[ad_1] SINGAPORE: Hiring slowed in the second quarter of 2020, but did not stop, according to a survey conducted by the Department of Labor Research and Statistics of the Ministry of Manpower (MOM). Despite weaker hiring sentiments, “a good number” of laid off workers returned to employment: About seven in …
Read More »Lapses in Procurement, Grant Disbursements, and IT Systems in Public Bodies: Auditor General’s Report
[ad_1] SINGAPORE: The Auditor General’s Office (AGO) found problems with the IT systems of some public agencies, service contracting processes and donation disbursement practices, according to its annual report released on Monday (September 7). The report, which is an audit of the government accounts for the 2019/2020 financial year, covered …
Read More »The Auditor General points out flaws in IT controls, procurement and contract management in public agencies, political news and featured news
[ad_1] SINGAPORE – Weaknesses in IT controls continue to be of concern to several government agencies, and audits have revealed failures in procurement, contract and operations management at entities such as Jurong Town Corporation (JTC). In its annual audit report released on Monday (September 7), the Office of the Auditor …
Read More »Singapore Shares Fall Open Monday; STI down 0.2%, shares
[ad_1] Mon 07 Sep 2020-9: 47 am SINGAPORE shares fell when trading began earlier in the week, with the Straits Times Index (STI) falling 4.51 points or 0.2 percent to 2,505.13 at 9.01am. This comes after a pullback in US tech stocks spooked Asian markets on Friday, and US stocks …
Read More »Axington, Linked to Bellagraph Nova Group in Newcastle Offering, Extends Rights Issuance Period, Market & Company News & Featured Stories
[ad_1] SINGAPORE – Axington Inc’s two-member board has extended the bidding period for a rights issue proposal as it expects “further clarity” from the company’s controlling shareholders, who also own the controversial company that made a offer for the English Premier League. club Newcastle United. The Catalist-listed company had said …
Read More »China Life Singapore will hire more than 500 consultants in the next five years, companies and markets
[ad_1] Mon, Sep 07, 2020 – 5:50 am Singapore CHINA Life Insurance (Singapore), which typically sells its insurance products through banks and finance companies, now plans to hire more than 500 consultants in Singapore over the next five years to provide more dedicated service to its clients. The company on …
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