No technical recession after MTI revises GDP growth for 2Q
No technical recession in Singapore for now. The Ministry of Trade and Industry (MTI) has released the latest GDP growth figures today (12 Oct) showing that the Singapore's economic growth in the 3Q (Jul-Sep) is -1.5%. In other words, the economy contracted in the 3Q. However, it has also revised the 2Q GDP growth figure upward...
S’pore has the highest levels of employee burnout in Asia Pacific
According to a report released by Hudson HR company yesterday (11 Oct), 61% of employees in Singapore are experiencing an increase in workload. This is the highest figure in all Asia-Pacific markets surveyed. Nearly half (46%) of the Singapore employees surveyed now work 51 hours a week or more. Singapore is also seeing the...
PM: Parents need to have the understanding, pride & support for their kids doing NS
PM Lee trying to drive the Terrex in Australia. (Photo Mindef) During his visit to the SAF troops at Exercise Wallaby in the Australian state of Queensland yesterday (10 Oct), PM Lee paid tribute to NSmen who have protected Singapore for the past 45 years. He said Singapore owes these operationally ready national servicemen...
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