International Business & Economy Keppel shed 10,600 workers: How many S’poreans?

Keppel shed 10,600 workers: How many S’poreans?

Author

Date

Category

- Advertisement -

By: Leong Sze Hian

I refer to the article “Oil prices doubling is no solace yet for Keppel, world’s biggest rig builder”.

“At its offshore and marine division, Keppel reduced its direct workforce by 2,620 in the quarter through December. For the whole of 2016, the unit shed about 10,600 workers, of which 3,800 were in Singapore. “The painful but necessary measures to rightsize our O&M division must continue,” Loh said. In October, Keppel said its senior managers and directors were taking a cut in their salaries.”

How many S’poreans?

How many of the 10,600 workers are Singaporeans, permanent residents (PRs) and foreigners?

- Advertisement -

How many S’poreans given retrenchment benefits?

How many of the Singaporeans were given retrenchment benefits?

$4.8b profits in the last 3 years?

According to Keppel Corp’s latest report for the year ended 31 December 2016 – its profits for the year ended 2016, 2015 and 2014, were $822 million, $1.6 and $2.4 billion, respectively.

Send in your scoop to news@theindependent.sg 

- Advertisement -

HOME decries “horrific, dehumanising, and abhorrent” abuse of Myanmar maid

A Singapore charity for helping migrant workers has expressed shock at the death of a domestic worker, abused by her employer. The abuse suffered by Myanmar maid Ms Piang Ngaih Don, 24, was “horrific, dehumanising, and abhorrent", said the Humanitarian Organisation...

China’s Sinovac vaccine arrives in S’pore, awaiting approval for use

Singapore – The first shipment of China's Sinovac vaccine arrived in Singapore on Tuesday (Feb 23). The vaccine is currently awaiting approval by the Health Sciences Authority (HSA) for use in Singapore. The Embassy of the People's Republic of China in Singapore...

Pritam Singh: Many Singaporeans feel CDC mayor salaries of S$660,000 annually are “outrageous”

Speaking in Parliament on Wednesday (Feb 24), Leader of the Opposition Pritam Singh said that many Singaporeans are of the view that the salaries of Community Development Council (CDC) mayors are "outrageous". He added that this was mainly because they are not...

Send in your scoop to news@theindependent.sg 

Theindependent