Tag: job losses

PSP’s Kumaran Pillai: Job losses key issue for Singaporeans, but the National Jobs Council “does not inspire confidence”

Singapore—According to Progress Singapore Party’s (PSP) Kumaran Pillai, job losses are a key issue among Singaporeans, however, the National Jobs Council “does not inspire confidence.” Mr Pillai, a businessman, was recently introduced to the public as a new member of the PSP. He joined several...

Best to get ready and be prepared for more job losses: Josephine Teo

Singapore -- The Labour Market Report First Quarter 2020 was released on Monday (June 15) with Manpower Minister Josephine Teo addressing the impact that Covid-19 has had on the first quarter of the year. The latest numbers show that the situation in the first...

Expats in Singapore face an uncertain future amid economic crisis due to pandemic

Singapore—Expatriates in Singapore have also begun to feel the effects of the economic fallout of the coronavirus pandemic. Some are being asked to take sizable pay cuts, and others have lost their jobs completely, with a number of them facing a return to their...

PM Lee’s May Day Message: Some jobs will disappear, some disruptions permanent

Singapore — Addressing the nation on the eve of May Day, Prime Minister Lee Hsien Loong said Singapore must be ready for some aspects of the economy to change completely and some jobs to disappear because of Covid-19.  In his speech, which is usually delivered at...

Singapore sees worst case of job losses in 14 years

Singapore has seen a total employment contraction of 8,500 in the first quarter of the year, resulting in a 14-year high in job losses for the Island republic. Most of the job losses were registered in the construction and the manufacturing sectors. This was revealed by Citi Research,...