Search Results for: Singapore

SELF-EMPLOYED workers in Singapore are set to be offered better financial and benefits packages to bring them further in line with their employed counterparts to ensure a competitive workforce and economic prosperity prevail.

At a city state National Trades Union Congress (NTUC) held in October this year, secretary-general Chan Chun Sing revealed that the government intends to offer better security to the growing number of self-employed and freelance workers in the country.…

INNOVATIVE schemes are required to beat workplace stress and challenge organisational culture if HR bosses are to prevent Singapore’s productivity levels being damaged by increasingly worrying wellbeing issues, experts have warned.

Singapore-based Centre for Effective Living (CEL), a company promoting the psychological wellness of organisations, said they have seen a 10%-20% rise in the number of clients from the public as well as private sector seeking their help.…

Using simple automation or more advanced artificial intelligence (AI) – where machines can simulate human intelligence – to perform HR jobs such as hiring, developing and engaging workers, has resulted in massive productivity gains. Consequently, it has made HR decision making more data-based rather than intuition-based and “Asia has certainly embraced digitisation,” global law firm Evershed Sutherland’s head of Hong Kong and Asia Pacific employment practice Jennifer Van Dale said.…

AS one of the world’s leading financial centres and a traditional bridge to mainland China for international business, Hong Kong has long been in the crosshairs of global money laundering investigations.

Hong Kong featured in the infamous ‘Russian laundromat’ scandal, uncovered by the Organised Crime and Corruption Reporting Project (OCCRP), that saw USD20 billion moved out of Russia between 2010 and 2014 through a web of shell companies.…

MALAYSIA is making progress in combating money laundering but political interference is still a problem in implementing policies and enforcing laws, experts have told Money Laundering Bulletin.

A dynamic upper middle-income country (USD9,850 per head gross national income in 2016, says the Word Bank), some of Malaysia’s ML and TF [terrorist financing] risks derive from its geographic position.…

IT is no surprise that Singapore has a significant exposure to money laundering and terrorist finance. It is one of the world’s largest financial centres, a major free-trade hub and has neighbours where corruption and Islamic extremist insurgent groups remain are real threats.…

THE SOUTH-EAST Asian kingdom of Thailand, has high profile vulnerabilities to money laundering, being known for its widespread sex trade sector its role in the international drugs trade, and also for being the base of human trafficking networks, according to the USA state department’s 2017 International Narcotics Control Strategy Report (INCSR).  …

The Chinese government is to set up a new anti-corruption agency, the National Supervisory Commission, to replace the existing watchdog the Central Commission for Discipline Inspection (CCDI). The change to be confirmed at the 19th National People’s Congress on October 18, comes as China seeks greater cooperation with international law enforcement bodies as part of President Xi Jinping’s anti-corruption drive.…

THE EUROPEAN Union (EU) planned trade deal with Japan – its sixth most important trading partner – struck in principle at the July 6 EU-Japan Summit in Brussels and set to be operational in 2019, will benefit the EU dairy industry greatly, experts say.…

INDONESIA is an important market – it does not just have 261 million people, but its female consumers especially are becoming more assertive and shaping colour cosmetic trends that brands should follow if they want to boost revenue. Last year, market observers have said, women consumers in Indonesia decided they wanted to buy matte lipstick, and this demand has mushroomed.…