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Retrenchment doubles in 2Q; foreign students fret over meeting grant obligations
TGS recipients from overseas are bonded to work in a Singaporean entity for three years afte
September 18, 2020
Singapore economy
Employment Pass holders to have minimum salary of $4500 from $3900; financial service employees to be paid at least $5000
According to the Ministry of Manpower (MOM) in an August 27 statement, this is the first time that the ministry has set higher qualifying salaries for a specific sector.
August 27, 2020
Budget 2019
More benefits for local workforce from enterprise initiatives; services to undergo foreign worker quota cuts
SINGAPORE (Feb 18): Starting from April 1 2020, Singapore will require all transformation efforts supported by Enterprise Singapore’s Enterprise Development Grant to include positive outcomes for workers, such as wage increases.
February 18, 2019