Two-speed recovery in services trade expected: HSBC

THE Covid-19 pandemic will lead to a two-speed recovery in services trade, whereby international travel is likely to remain largely suppressed due to travel restrictions, while digital services may recover more quickly, said HSBC trade economist Shanella Rajanayagam in a report. 

ASEAN BUSINESS

Online buys now more likely from the region than far away

ONLINE purchases are increasingly less about buying things from far away, and more about buying from merchants closer to home - a trend emerging from a combination of supply-chain disruptions and limitations in freight capacity.

INDUSTRY 4.0

I4.0 solutions key for businesses to stay ahead amid global uncertainty

BUSINESSES in the manufacturing sector are more actively undertaking upgrading and transformation projects, as they leverage Industry 4.0 solutions to enhance workplace safety and resilience.

I4.0 solutions key to stay ahead

Enterprise Singapore has worked with enterprises in the manufacturing sector on over 1,300 projects to upgrade and transform their businesses from January to August 2020. This is about 65 per cent higher than the number of projects in the same period last year...

Pilots being rolled out on road to Phase 3

PRE-EVENT testing is being piloted as part of efforts to move Singapore towards Phase 3, said the Multi-Ministry Taskforce (MTF) on Tuesday.

MTF outlines roadmap to Phase Three of Singapore's re-opening

THE Ministry of Health (MOH) is piloting the use of pre-event testing as a measure against the spread of Covid-19, as part of the safe re-opening of the economy.

VIRUS OUTBREAK: PARLIAMENT

Teething problems in job-matching sorted: minister

SOME kinks emerged early in the drive to match job-seekers with opportunities, but these have since been ironed out, said Manpower Minister Josephine Teo in Parliament on Wednesday.

PARLIAMENT

MOM actively monitoring shifts in remote working

THE Ministry of Manpower (MOM) is actively monitoring shifts in workplace practices due to remote working and sharing views with its international counterparts to assess the need for policy intervention.

MOM monitoring shifts in workplace practices due to remote working

THE Ministry of Manpower (MOM) is actively monitoring shifts in workplace practices due to remote working and sharing views with its international counterparts to assess the need for policy intervention, said Senior Minister of State for Manpower Zaqy Mohamad in Parliament on Wednesday.

More than 20,500 traineeship, attachment opportunities available: Josephine Teo

MORE than 20,500 traineeship and company attachment opportunities have been made available, with more than 2,800 local jobseekers placed under the SGUnited Jobs and Skills Package.

RETAIL RESTRUCTURING

New business models can help raise revenue, ease fixed costs concerns

BEYOND focusing on ways to reduce the high fixed costs related to the retail sector, businesses must also look at ways to improve their top line as the sector embarks on its challenging road to recovery.

3,600 opportunities available in retail sector; 70% are for jobs

MORE than 650 companies in the retail sector have offered close to 3,600 opportunities since April this year, of which 70 per cent are jobs, said the Ministry of Manpower (MOM) on Monday.

Close to 3,600 opportunities available in retail sector in Singapore: MOM

MORE than 650 companies in the retail sector have offered close to 3,600 opportunities since April this year, of which 70 per cent are jobs, said the Ministry of Manpower (MOM) on Monday.

Enhancements to ESG support schemes to bolster business recovery: Chan

THE retail sector's road to recovery will be challenging due to cyclical and inherent structural challenges, which necessitates their taking action to transform now, said Trade and Industry Minister Chan Chun Sing on Monday, where he also announced a host of enhancements to support schemes...

AI could add US$1t to S-E Asia's GDP by 2030

ARTIFICIAL intelligence (AI) could add US$1 trillion to South-east Asia's gross domestic product (GDP) by 2030 according to management consulting firm Kearney and Asian-based strategic investor EDBI.

Retrenchments hit 4.9 per 1,000 local employees in H1

THE incidence of local retrenchment in Singapore was 4.9 per 1,000 local employees (Singaporeans and permanent residents) in the first half of 2020, said Manpower Minister Josephine Teo in Parliament on Tuesday.

Retrenchments hit 4.9 per 1,000 local employees in H1: MOM

THE incidence of local retrenchment in Singapore was 4.9 per 1,000 local employees in the first half of 2020, said Manpower Minister Josephine Teo in Parliament on Tuesday in response to questions put up by members of Parliament.

MOM, IHRP to strengthen HR profession in Singapore

THE Ministry of Manpower (MOM) and Institute of HR Professionals (IHRP) will work with sector agencies to develop sector-specific HR playbooks with curated tools, solutions, and use cases as part of efforts to strengthen the profession in Singapore.

Two key thrusts to help HR professionals step up as strategic partners in business transformation

THE HR Industry Transformation Advisory Panel (HRTAP) has recommended two key thrusts to help HR (human resources) professionals step up to their role as strategic partners in business transformation.

VIRUS OUTBREAK

Trust between tripartite partners, quick pivots the way for Singapore to tackle Covid-19

TRUST between tripartite partners has been key to mitigating some of the impact of Covid-19, said Ministry of Manpower Permanent Secretary Aubeck Kam on Tuesday, even as he acknowledged that despite this, the measures put in place have not blunted the worst of the impact on employment numbers in...

VIRUS OUTBREAK

Indonesia's Covid-19 situation underscores its dependence on vaccine, says Control Risks

EVEN as large-scale social restrictions in Indonesia's capital, Jakarta, were recently tightened, this is unlikely to be effective in the country's fight against the Covid-19 pandemic.

NEWS ANALYSIS: THE SINGAPORE BRAND

Singapore brand has cachet, but what values should it embody?

WHAT does the Singapore brand stand for, and can it carry all industries who wear this label?