Are high costs of living why 56% of high earning millennials in Singapore do not feel successful?
A new report by UBS which surveyed millennials aged between 18 and 34 across 10 different markets reveals some insights into the attitudes of the young and well-heeled in Singapore. Even with a minimum income of $100,000, only 44% of the top 20% of earners in their age bracket surveyed felt that they have already achieved...
SMRT and 2 staff to be charged over fatal train accident
Following an fatal accident earlier this year, SMRT and 2 of its staff were charged in court today (1 Dec) under Section 12 of the Workplace Safety and Health Act. The Act states that it is the duty of every employer to take measures necessary to ensure the safety and health of employees at work so far as is reasonably practicable. The...
MOM report: unemployment rises and wage growth slows
A report on the labour force released by the Ministry of Manpower today (30 Nov) has showed that income growth has slowed and resident unemployment has increased amidst slowing economic conditions. On the surface, nominal incomes of resident Singaporeans have increased by 3.2% this year, compared to last year’s 5.3%. Resident...
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