wages

Singapore economy

Singapore among few Asian countries forecast to enjoy real wage growth this year

SINGAPORE (Jan 31): Singapore’s workforce is due for an average salary increase of 4% this year compared to 3.7% predicted in 2018, according to a forecast issued today by consulting firm Korn Ferry.

In print this week

Rage against the machines?

SINGAPORE (Oct 12): While much has been said about jobs being taken over by robots, many experts still see human talent working alongside AI to deliver the most productive outcome. In fact, a company’s adoption of technology could help its employees bec

Singapore ministers won’t be seeing a pay raise anytime soon

SINGAPORE (Mar 2): Some of the world’s most well-compensated ministers won’t be getting a raise anytime soon.

Central bankers shun policy clues as trade pervades Jackson Hole

(Aug 28): Leaders of the world’s most powerful central banks defended post-crisis reforms at their annual retreat in Jackson Hole, Wyoming, while discussing the causes and consequences of populist waves that have reshuffled the political order in the US
By bloomberg

Singapore economy

4 charts that say still too early to get excited about Singapore's economic rebound

(June 9): Singapore’s economy may be picking up, but consumers aren’t feeling it. 

Global Economy

Australia's AAA rating is back under the microscope

SYDNEY (May 9): Australia’s AAA rating is again under the microscope as the government prepares to deliver a budget Tuesday that appears long on spending pledges and short on savings.

Global Economy

The strange case of Korea and Taiwan's diverging export fortunes

SYDNEY (March 28): South Korean workers' wages are rising faster than those of regional rivals, and the power of the nation's sprawling conglomerates, or chaebols, remains unchecked, highlighting a lack of serious economic reform. Yet manufacturi

Singapore registers lowest labour force growth in 2016 in over a decade as layoffs continue to rise

SINGAPORE (Jan 26): Preliminary estimates from the Ministry of Manpower’s (MOM’s) latest Labour Market Advance Release have indicated that 2016 was once again a year of increased layoffs and redundancies among Singapore’s residents and citizens as t
Taiwan Semiconductor Manufacturing

Global Economy

Taiwan's economy shifts towards Southeast Asia

SINGAPORE (Nov 22): Taiwan’s new president is leading a charge to boost economic ties with Southeast Asia, and away from mainland China. The reality is that the shift is already well underway.
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