Minister Tan: We’re taking a firm stand against discriminatory employment practices
Acting Minister of Manpower, Mr Tan Chuan-Jin At the Committee of Supply debate for the Ministry of Manpower (MOM) last week (14 Mar), Acting Minister for Manpower Tan Chuan-Jin talked about creating fair and inclusive workplaces for Singaporeans. He told Parliament that one important aspect is to take a firm stand against discriminatory...
Changes to Employment Act to better protect workers
Last week, the Ministry of Manpower (MOM) announced changes to the Employment Act which will ensure better protection for more workers - including Professionals, Managers and Executives (PMEs). Acting Manpower Minister Tan Chuan-Jin revealed these changes in Parliament during the ministry's Budget debate on 14 March 2013. The...
Interest rate for CPF accounts remains at 4%, hardly covering inflation
According to CPF Board’s press release today (18 Mar) [Link], CPF members will be paid the floor interest rate of 4% again on Special and Medisave Accounts (SMA) for the 2nd quarter of 2013 (1 Apr - 30 Jun). Savings in the SMA currently earn either 4% or the 12-month average yield of 10-year Singapore Government Securities...
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