Changes that will extend Labour Law to Singapore’s PMETs

Changes That will Extend Labour Law to Singapore’s PMETs

Parliament Introduces Changes That Extend Labour Law to Singapore’s PMETs More of Singapore’s workers are set to benefit from protection and better working conditions under the Employment Act’s new proposed changes. The Ministry of Manpower (MOM) Singapore on Tuesday (2 Oct) tabled the Employment (Amendment) Act’s first reading in parliament.This changes will covered all Singapore’s…

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Singapore Food and Beverage Service To Have Unified Payment System

Singapore Food and Beverage Service To Have Unified Payment System

Singapore Food and Beverage Service(12,000 Hawker Stalls) To Have Unified Payment System Singapore’s Nets system will be bringing cashless payments to 12,000 hawker stalls, canteens and coffee shops. In an attempt to unify what is currently a fragmented e-payment setting, Nets is the first “master acquirer” which will bring this system to the designated vendors…

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Singapore Foreign Reserves Gain at $8.5 Billion

Singapore Foreign Reserves Gain at $8.5Billion

Singapore Foreign Reserves Gain at $8.5Billion The Monetary Authority of Singapore (MAS) recently announced in it’s annual report that the official foreign reserves (OFR) gained $8.5 bilion for the FY2017/18. According to the MAS, strengthening of the Singapore dollar against the US dollar provided a translated negative effect of $13.8 billion while investment gains contributed…

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