Tag: Chan Chun Sing

Chan Chun Sing advises businesses to invest in local workers, diversify foreign workforce

Singapore—Speaking at a bicentennial commemoration dinner organised by the Singapore Chinese Chamber of Commerce and Industry (SCCCI) at the Shangri-La Hotel Singapore on Tuesday, December 3, Trade and Industry Minister Chan Chun Sing encouraged businesses to develop their local workforce and at the same...

Uncertain economic conditions translates to lowest bonus for civil servants in 10 years

Singapore—The majority of the country’s civil servants, who total around 85,000 in number, will be getting a year-end bonus that is at its lowest in a decade, as announced by the Public Service Division (PSD) on Monday, December 1, reflecting current weak economic conditions...

Chan Chun Sing: What has happened in Hong Kong can easily happen to Singapore

Singapore—The country’s Trade and Industry Minister Chan Chun Sing expressed concern over Hong Kong’s future, given that the city has experienced widespread and increasingly violent protests over the last five months. Mr Chan said that events have reached a “breaking point” in Hong Kong. Channel...

Singapore remains ‘quietly confident.’ No recession ‘at this point’ — Chan Chun Sing

Singapore—At  the Singapore International Energy Week conference on Tuesday, October 29, Chan Chun Sing, the country’s Trade and Industry Minister, told CNBC that the country will not be entering a recession “at this point in time,” and that Singapore remains “quietly confident.” Mr Chan underlined...

High-level delegation to bilateral cooperation meeting in China composed of only 4G leaders

Chongqing—The team of officials currently on a visit to China for the 15th Joint Council for Bilateral Cooperation, are all members of the fourth generation (4G) of Singapore’s leaders. The co-chairman of the council, which is the highest-level bilateral platform between Singapore and China, is Deputy...

Chan Chun Sing—Singapore’s economy will be affected if turmoil in HK continues

Singapore— The country’s Minister for Trade and Industry Chan Chun Sing warned of the “negative spillover impact” that Singapore and other countries in the region will experience if the protests that have disrupted Hong Kong over the past 13 weeks continues to go on. Because...

On attracting highly-skilled tech professionals, “if Singapore sits back and does nothing” it will be left behind – Chan Chun Sing

What Singapore officials will do today will decide whether the small city-state will make it as a tech hub or not and that it is imperative that everyone moves now and has to move fast. This was what Trade and Industry Minister Chan Chun Sing stressed...

Chan Chun Sing: Foreign talent important because deep tech is the linchpin for future economy

Singapore—In Parliament on Monday, September 2, Trade and Industry Minister Chan Chun Sing said that although the issue of bringing in more foreign talent is a delicate one, the country should not adopt an “inward-looking, protectionist approach” either. Mr Chan acknowledged that because of employment...

Chan Chun Sing: Gov’t recognizes cost pressures of planned CPF increases on businesses

Singapore — At a visit to a local seafood distributor, Trade and Industry Minister Chan Chun Sing said that the Government recognizes the cost pressures of the planned increases in the ages for re-employment and retirement, as well as Central Provident Fund (CPF) contribution...

Chan Chun Sing claims ‘top’ foreign talent are “competing for Singapore” instead of competing with locals

Minister for Trade and Industry Chan Chun Sing has said that the new Government scheme that will allow local technology firms to hire foreign talent more easily can be extended to other industries in Singapore. He added that these foreigners are not competing with...