In addition, 26,000 public healthcare nurses will benefit from adjustments to their salaries, to keep pace with market trends.
Hashtag: #Economy
Singapore must “retool, reskill, reboot” its economy as foundations of success are eroded, says Vivian Balakrishnan
The Indian-origin foreign minister spoke at the Singapore Institute of International Affairs Year Opener “Outlook 2025 – Singapore at 60 and The Road Ahead”. He looked back at the 60 years that have marked the astonishing success story of Singapore; he also looked ahead to the decades in which the world order will not be guided by Pax Americana.
Billionaire wealth grew by USD 2 trillion in 2024 alone: Oxfam report
Oxfam report says billionaire wealth grew by $2 trillion in 2024
ILO says wages are recovering after negative shift in 2022
ILO is saying wages are recovering after negative shift in 2022
Be careful with your cash: Amid geopolitical tensions, MAS advises Singapore to be ready for volatility
In its analysis of the ‘Global Macrofinancial Environment’, the central bank of Singapore said that while global economic activity “has remained resilient”, there was still a risk because of “heightened policy uncertainty, trade tensions, and geopolitical conflicts that increase the probability of adverse shocks”.
Singapore ready to host APEC Summit in 2030, says PM Wong in Peru at 2024 meet
APEC Peru 2024 was held from 15 to 16 November 2024, and PM Wong offered to host the 2030 meeting at the closing of this year’s summit. This international forum has 21 member economies, which collectively account for almost half of all global trade and commerce.
Moody’s predicts 6.6 percent GDP growth for India in 2025, 6.5 percent in 2026
Moody’s said household consumption in India is poised to grow, fuelled by increased spending during the ongoing festive season and a sustained pickup in rural demand on the back of an improved agricultural outlook.
