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Analysing anonymised customer data, the island nation’s largest bank has noted salary improvements among lower-paid workers, and fewer customers showing wage cuts.
Analysing anonymised customer data, the island nation’s largest bank has noted salary improvements among lower-paid workers, and fewer customers showing wage cuts.
During lockdown, the city was paying 75 per cent of the first S$4,600 earned by every Singaporean and permanent resident each month.
During lockdown, the city was paying 75 per cent of the first S$4,600 earned by every Singaporean and permanent resident each month.
SCMP’s China Conference: Southeast Asia hears of possibility of ‘dangerous encounters’ with China’s coastguard in South China Sea.
SCMP’s China Conference: Southeast Asia hears of possibility of ‘dangerous encounters’ with China’s coastguard in South China Sea.
Deputy Prime Minister Heng Swee Keat says fresh drawdown of up to S$11 billion (US$8.31 billion) is necessary ‘given the exceptional circumstances we are in’.
Deputy Prime Minister Heng Swee Keat says fresh drawdown of up to S$11 billion (US$8.31 billion) is necessary ‘given the exceptional circumstances we are in’.
Heng Swee Keat is expected to avoid another draw on reserves, focusing on targeted spending, reskilling workers, and tapered support schemes.
Heng Swee Keat is expected to avoid another draw on reserves, focusing on targeted spending, reskilling workers, and tapered support schemes.
‘There’s no more visiting my aunties and all that, I’ve told them not to expect a visit.’
‘There’s no more visiting my aunties and all that, I’ve told them not to expect a visit.’
If 2020’s big problem was the coronavirus, vaccine inequality is 2021’s. Put simply, if rich countries continue to hog the shots then everybody will suffer.
If 2020’s big problem was the coronavirus, vaccine inequality is 2021’s. Put simply, if rich countries continue to hog the shots then everybody will suffer.
While the island nation has recorded a higher rate of adverse reactions so far than Israel or the US, experts say initial recipients were on the lookout for unusual effects and fewer will be reported as more are vaccinated.
While the island nation has recorded a higher rate of adverse reactions so far than Israel or the US, experts say initial recipients were on the lookout for unusual effects and fewer will be reported as more are vaccinated.
Speaking at World Economic Forum, PM says Beijing should provide ‘more global public goods’ to address international issues.
Speaking at World Economic Forum, PM says Beijing should provide ‘more global public goods’ to address international issues.
New data shows firms from China make up 39.7 per cent of the US$23.4 billion expected to be added to the city state’s economy, with US companies accounting for 40.9 per cent.
New data shows firms from China make up 39.7 per cent of the US$23.4 billion expected to be added to the city state’s economy, with US companies accounting for 40.9 per cent.
While people elsewhere fret about vaccine safety, Singapore’s concern is different: so good has it been in fighting Covid-19, some people don’t see a pressing need to get a jab.
While people elsewhere fret about vaccine safety, Singapore’s concern is different: so good has it been in fighting Covid-19, some people don’t see a pressing need to get a jab.
Some say the scenes have turned the world’s most powerful country into a ‘laughing stock’; others say it shows a democracy that still needs to ‘mature’.
Some say the scenes have turned the world’s most powerful country into a ‘laughing stock’; others say it shows a democracy that still needs to ‘mature’.
Police access to the programme has stirred controversy, as the Singapore government has previously stressed it would be used only for coronavirus contact tracing.
Police access to the programme has stirred controversy, as the Singapore government has previously stressed it would be used only for coronavirus contact tracing.
Vaccines will be allocated on availability, patients’ medical history and other factors, says Health Minister Gan Kim Yong.
Vaccines will be allocated on availability, patients’ medical history and other factors, says Health Minister Gan Kim Yong.
The coronavirus has changed the industry, forcing companies and countries alike to pivot from their existing models in a region where tourism is a huge economic driver.
The coronavirus has changed the industry, forcing companies and countries alike to pivot from their existing models in a region where tourism is a huge economic driver.
‘Mike Tyson said everyone has a plan until they get punched in the face. Singapore has shown she can take the pain and get back up.’
‘Mike Tyson said everyone has a plan until they get punched in the face. Singapore has shown she can take the pain and get back up.’
DBS Digital Exchange will be the world’s first cryptocurrency exchange backed by a traditional bank, says DBS chief Piyush Gupta
DBS Digital Exchange will be the world’s first cryptocurrency exchange backed by a traditional bank, says DBS chief Piyush Gupta
Hosting the forum is a PR coup for Singapore, but as the shelved travel bubble with Hong Kong shows, Covid-19 fortunes are fickle and an international event is a ‘high stakes event’.
Hosting the forum is a PR coup for Singapore, but as the shelved travel bubble with Hong Kong shows, Covid-19 fortunes are fickle and an international event is a ‘high stakes event’.
‘Landmark’ number of accords between the two countries are boost for Beijing amid criticism of its response to Covid-19.
‘Landmark’ number of accords between the two countries are boost for Beijing amid criticism of its response to Covid-19.
While the new banks have advanced digital capabilities, none of them have a ‘monopoly on technology’, said Piyush Gupta at the Singapore Fintech Festival.
While the new banks have advanced digital capabilities, none of them have a ‘monopoly on technology’, said Piyush Gupta at the Singapore Fintech Festival.
Veteran diplomat Tommy Koh singled out Singapore’s female trade negotiators for praise but experts say success is not about gender.
Veteran diplomat Tommy Koh singled out Singapore’s female trade negotiators for praise but experts say success is not about gender.
The Hong Kong-Singapore quarantine-free travel scheme starts on Sunday, but a surge in Covid-19 infections in Hong Kong has caused concern.
The Hong Kong-Singapore quarantine-free travel scheme starts on Sunday, but a surge in Covid-19 infections in Hong Kong has caused concern.
James Dyson and the couple behind hotpot chain Haidilao are among those who have set up units in the city state to safeguard their family fortunes, with more on the way.
James Dyson and the couple behind hotpot chain Haidilao are among those who have set up units in the city state to safeguard their family fortunes, with more on the way.
The surge in Hong Kong’s Covid-19 infections has caused concern, but the quarantine-free travel scheme is expected to go ahead on Sunday.
The surge in Hong Kong’s Covid-19 infections has caused concern, but the quarantine-free travel scheme is expected to go ahead on Sunday.
What to do before you board, who gargles and who swabs, why some tests cost more than others and what happens if you catch Covid-19. The Post has the answers to all these questions and more.
What to do before you board, who gargles and who swabs, why some tests cost more than others and what happens if you catch Covid-19. The Post has the answers to all these questions and more.
From global leader to staving off bankruptcy, the fiasco surrounding the water company has become a case study in corporate governance gaps. But was it all just down to a ‘basic mistake’?
From global leader to staving off bankruptcy, the fiasco surrounding the water company has become a case study in corporate governance gaps. But was it all just down to a ‘basic mistake’?
Singapore residents raring to leave the island bought tickets in droves after details of the Hong Kong travel corridor were announced.
Singapore residents raring to leave the island bought tickets in droves after details of the Hong Kong travel corridor were announced.
From November 22, Singapore and Hong Kong will launch quarantine-free travel on Singapore Airlines and Cathay Pacific.
From November 22, Singapore and Hong Kong will launch quarantine-free travel on Singapore Airlines and Cathay Pacific.
The airline will not use the A380, which can seat 441 passengers, as both the Singapore and Hong Kong governments are taking a conservative approach on the initial number of travellers not required to serve quarantine.
The airline will not use the A380, which can seat 441 passengers, as both the Singapore and Hong Kong governments are taking a conservative approach on the initial number of travellers not required to serve quarantine.
The PAP is expected to maintain the status quo in choosing its central executive committee but observers are on the lookout for any clues on leadership succession, including what is in store for education minister Lawrence Wong.
The PAP is expected to maintain the status quo in choosing its central executive committee but observers are on the lookout for any clues on leadership succession, including what is in store for education minister Lawrence Wong.