Mandatory Registration of Drones in Singapore All drones will soon require mandatory registration in Singapore, and failure to do so may result in harsher penalties for pilots. Pilots will also be required to abide by a new licensing framework, applicable if they operate larger drones. The registration of drones is likely to take place by…
Singapore’s Banking Liberalisation Progress Enters a New Chapter With Digital Financial Servicing Singapore’s visionary outlook will open doors to digital banking to help serve new segments of entrepreneurship and customer-oriented needs. Nations worldwide are working towards enhancing consumer needs in every aspect of their lives, even in this digital age. Living in a Digital…
The Monetary Authority of Singapore (MAS) Updates Its E-payments Guidelines Based on Customer Feedback Customers of financial institution can continue setting a threshold of e-payment notifications even when the guidelines take effect end of June 2019. Customers of financial institutions and banks are advised to receive an alert whenever the customer makes an electronic payment…
Rules on CPF and HDB Housing Loan Changed – Less Rigidness to Buy a Home for Life While Preserving the Retirement Competence Singaporeans whom intend to buy a home as a long term investment, the guidelines on CPF usage and HDB housing loans have been altered to provide more flexibility whilst protecting their retirement acceptability.…
Entrepreneurs Need ACRA’s Essentials of Starting a Business (ESB) to Build, Start and Maintain a Successful Business in Singapore If you’re an aspiring entrepreneur eager to make your breakthrough success, the Essentials of Starting a Business (ESB) online course is what you need. Provided online for free, the Accounting and Corporate Regulatory Authority (ACRA) Singapore…
Children Deserve to Be Children, to Live, Learn and Play Comfortably, Safely and Most Importantly, Happily Singapore is recently ranked as the best country for children to survive, live, learn, play and grow to become well-rounded adults, beating European countries. For years, European countries have dominated the spot for being the best place for children…
Singapore Tops Competitive Economy Ranking – Jumping from Third Place Last Year to First Singapore emerged top in the competitive economy ranking, two weeks after another report on quality of life showed that the country had improved its ranking. Singapore has emerged as the world’s most competitive economy, jumping from third place last year to first. The Lion…
SingPass Mobile Now Available to Be Used as National Digital Identity to Access Certain Services The SingPass Mobile app will now be available to resident with features such as the national digital identity which will be allowed for some services. The SG-Verify developed by the Government which will allow Singapore residents to use their SingPass…
Contactless Card Payments (SimplyGo System) Available in Singapore from June for Trains and Buses Singapore commuters will be able to pay for their public transportation on buses and trains using their contactless credit cards or mobile phones with the SimplyGo system from 6 June. Singapore’s Land Transport Authority (LTA) has expanded their SimplyGo system to…
The Labour Movement Is Concerned About How Will Workers Face the Fourth Industrial Revolution After the third industrial revolution, workers have been doing jobs more or less the same way, albeit with the advent of computerisation. For many, computerisation was thought to be the peak of modernisation. Yet, here we are today facing another industrial…
Foreign Workers From Other Industries Joins Orientation Programme – Help Them Adapt to Living and Working in Singapore Since October 2018, the Ministry of Manpower (MOM) has appointed Migrant Workers Centre (MWC) to conduct SIP for first time non-Malaysian foreign workers in the Construction sector. The SIP began in October 2018 and ended in March…
Singapore to Become World-class in Workplace Safety and Health Practices for Better Business Opportunities The working life takes up more than half of your entire life. In a lifetime, people change workplaces and work environments for better prospects. Thus, work plays a significant role in promoting a haven to brainstorm for ideas, to negotiate terms…