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| Singapore Travel » Singapore News |
Singapore News |
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The dynamic city Singapore attracts people from all over the world. Singapore is a place that is full of various kinds of small and large events throughout the year. Singapore, the land with diverse cultures, traditions and passions, is rapidly booming as a business centre of Asia. In the South-East Asian region, Singapore is the major headquarter of most of the world-famous news agencies. People from every corner of the world are interested in knowing the latest news of this Island city.
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Singapore witnessed low unemployment rate in 2011
According to the sources, the unemployment rate in Singapore decresed to a 14 year low in 2011. In short, the unemployment rate of Singapore in December remained at 2 percent which was also the same in the last quarter.
Also the estimation report tells that the employment grew by 36300 in the last quarter of 2011 and hence the growth for the year 2011 reached to 121,300 which is definitely greater than in 2010 when the number reached to 115,900.
The labour economist from the National University of Singapore, Shandre Thangavelu claimed that in 2011, the estimate for MTI was 4.8 percent growth.
And hence it has been seen that Singapore was very input driven and competitive enough to provide job opportunities to the job seekers. Also the income levels has also increased.
Singapore aims to become more technology driven and capital driven economy
Posted on : 2012-01-31
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Lunar New Year 2012 celebrated in Singapore
People in large number gathered at Chinatown in Singapore to celebrate the Lunar New Year.There was a bash that made all people to enjoy a lot with their loved ones.
The music was played continuosly for 3 hours and people were on their feet i.e. dancing and enjoying the night. People were very excited. There were many LIVE performances. The gist of the programme was also shown on the TV. This so called New Year Eve Party at Chinatown was organized by Dasmond Koh and Michelle Chong.
Posted on : 2012-01-23
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Ministerial Pay Syatem is the need of the hour in Singapore
Lee Hsien Loong, Prime Minister of Singapore, has shown its concern for the ministerial pay system that exists in Singapore. For this, the review committee has been appointed that will discuss about the salaries of Ministers. The main focus is 2Singapore's future and not how much money ministers will be getting as their salaries. Singapore is concerned about becoming a good government place. There is a requirement of a team that will consists of 3 tier of ministers. One will have new ministers who will be responsible for important tasks in future. Also more experienced ministers oversee the work of major ministries.The senior ministers coordinate more than one ministery and hence oversee the government issues. The Prime Minister wants Singaporeans to do the evaluation of the ministers honestly. According to the sources, the Prime Minister promised that the ministers who do not perform their tasks efficiently and effectively will have to discontinue their services. But the ministers who are not able to perform well even after giving their best efforts,will be given the less demanding portfolio.
Posted on : 2012-01-23
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Changes in the taxi fares get postponed
Lui Tuck Yew, the Transport Minister of Singapore, said that the regulation of taxi fares will be postponed as there is enough competition in the industry. Mr Lee expressed his concern about the services and hence will look into the matter for improving the services in order to provide convenience to the people in Singapore. According to the sources, there is sufficient competition among the various taxi operators in Singapore. Also many new companies related to taxis have entered the indusry and made this industry more vibrant and competitive. One example to show that there is competition in the industry is that whenever the ComfortDelgro increases the fares, the other companies also do the same.
Posted on : 2012-01-23
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Permanent Jobs in Singapore should be promoted!!!
According to the sources, it has been found that the people are hired on contract basis from the last 5 years. Name it like resident professionals,managers,executives and technicians (PMETs). Tan Chuan-Jin, Minister of State for Manpower, wants employees to be protected under the employment legislation, such as the Employment Act, CPF Act, Work Injury Compensation Act and the Workplace Safety and Health Act. Tan Chuan-Jin asks companies to change the type of employment of employees who are hired as contract employees and make them permanent.This will enhance the employment engagament and hence motivate the employees to give their best to the company.
Posted on : 2012-01-23
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