Tripartite Partners’ New Advisory Means Better Rest Areas for Outsourced Workers Singapore’s outsourced workers can look forward to better rest areas, thanks to the recommendations by MOM, NTUC and SNEF. Who are these outsourced workers? They are the hardworking security officers, landscapers, and cleaners of Singapore. These workers should be provided with rest areas…
European Union (EU)-Singapore Free Trade Agreement (FTA) The European Union (EU) and Singapore have recently signed a landmark agreement. The EU-Singapore Free Trade Agreement (EUSFTA) signifies the shared conviction of both parties that open and global rules-based trade is the path to growth and prosperity. The FTA has finally come into force 2 days ago,…
The Asian Nation Sits Among the Elite European States for Being a Competitive Place for Talent Reaching the top ten of a world ranking is no joke for an Asian nation. But it seems that Singapore has proven it is possible. The IMD World Talent has ranked Singapore to be among the top ten most…
New Fintech Funding Plans in Singapore to Extend Beyond 2020 The Monetary Authority of Singapore (MAS) is extending new Fintech funding plans, after achieving positive results in the initial phases. MAS’s New Plans to Include Cyber Security and Artificial Intelligence AI As the first round of Fintech initiatives comes to an end after five…
Singapore Signed Agreements With the United States and China (Top 2 Trading Partners) Despite its small physical size, Singapore sits astride the strategic route between the Malacca Straits and the South China Sea. Singapore is not only an important economic powerhouse in the world, but also a bellwether for economic confidence. As a trade-reliant country,…
Singapore Retains World Bank Ranking, Coming in Second Place Behind New Zealand Singapore in 2nd place and still going strong in its World Bank ranking as the second easiest place in the world to conduct business. The city-state held strong to its ranking even with the tougher conditions fraught with tensions in trade. India and…
Foreign Domestic Workers – Creating the Better Match Focusing on the Better Match Between Employer and Foreign Workers in Singapore Foreign domestic workers are a part of Singapore’s work culture, and ensuring these workers are matched with the right employers is a priority. The Importance of These Workers Foreign domestic works have an…
Singapore Lead the Way of ASEAN’s Industry 4.0 Revolution The next wave of digital disruption is rapidly changing the economy as it sweeps through the different sectors across business, communications, impacting society and the individual. While the disruptions brought by technologies are catalysts of the change, they are also the transformative element of the manufacturing…
Singapore Continues to Improve and Help With International Standards Within the Civil Aviation Industry A mention of Singapore and people associate the island country with plenty of positive notes, from the global industry of many to a person walking down the street. Once again, Singapore had made it into the council of global civil aviation…
Singapore is World’s Smartest City: IMD Smart City Index 2019 Singapore has been named the World’s Smartest City, according to the inaugural IMD Smart City Index 2019. The Index ranked 102 cities worldwide based on their smart technology integration. Jointly presented by IMD World Competitiveness Center’s Smart City Observatory and Singapore University of Technology and…