Expanded Opportunities for Work Permit Holders in Singapore: Full Guide Significant changes are being introduced to Singapore’s work permit system to provide greater flexibility for workers. One of the biggest shifts is removing the cap on the duration that most work permit holders, excluding domestic workers, can stay in the country. Instead of being limited…
Business Sentiment Is At Its Peak Since 2019 Among Singapore’s Small Enterprises The business sentiment among small businesses in Singapore has reached its peak since 2019. With over 60% expecting growth in 2025, businesses in the city-state are looking forward to the future. Confidence in the country’s economic outlook is also on the rise. 63%…
A $5 Billion Investment Announced for Singapore to Boost Its Equity Market Development Singapore has announced an S$5 billion Equity Market Development Programme that will enhance fund management and the country’s trading liquidity. The program, led by the Monetary Authority of Singapore (MAS), involves directing funds toward asset managers with proven investment expertise, benefiting both…
Key Measures for Recruitment and Workforce Resilience in Singapore Budget 2025 Good news for employees, as key initiatives are being introduced in Singapore’s Budget 2025 to support recruitment, workforce resilience, and employee training. These measures are expected to be a game changer, as they aim to help businesses access talent at a lower cost…
Singapore Sits at 9th Ranking Globally in the Future Skills Index Singapore is ranked 9th on the QS World Future Skills Index, which assesses how effectively countries are preparing their workforce to meet the demands of the future global job market. Among the various categories, Singapore secured 9th place in the Skills Fit indicator with…
21% Rise in Visitors Since 2024 Recorded in Singapore Singapore has welcomed 16.5 million international travellers since 2024, marking a 21% surge from the previous year. This is the highest increase in arrivals since the Covid-19 pandemic. The Singapore Tourism Board (STB) anticipates this positive trend to persist, with estimates of 17 to 18.5 million…
Workplace Fairness Bill Passed in Singapore: Strengthening Anti-Discrimination Laws Singapore’s Parliament passed the Workplace Fairness Bill on January 8, introducing stronger protections against workplace discrimination. The bill received unanimous support from Members of Parliament (MPs) and aims to reduce biases related to age, nationality, race, gender, and other factors in employment decisions Balanced Approach…
Singapore Claims Top Spot as the World’s Most Innovative Country in 2024 Singapore has earned the title of the world’s most innovative country, surpassing the United States in the latest Global Innovation Scorecard. This biennial ranking, compiled by the Consumer Technology Association (CTA), evaluates 74 countries and the European Union based on factors like…
