Search Results for: Singapore
10 results out of 893 results found for 'Singapore'.
PHILIPPINE PARLIAMENTARIANS SEEK TO CLAMP DOWN ON EMPLOYERS DELAYING SALARY PAYMENTS
A BILL has been introduced in the Philippine parliament to curb the practice of both private and public sector employers delaying salary payments without justification in a bid to tackle high levels of private debt in the country.
Philippine Congressman Manuel Lopez submitted House Bill 6537 on October 3 citing the 2016 Manulife Investor Sentiment Index that shown that Philippines citizens are saddled with serious personal debts – Philippines Pesos PHP291,582 (USD5,613.50) on average for people aged under 35, PHP207,418 (USD 4018.03) for those aged 35-49, and PHP143,958 (USD 2788.62) for the over-50s.…
MALAYSIAN HR DEPARTMENTS TO FACE MORE EMPLOYEES BEYOND RETIREMENT AGE
A recent survey conducted by University of Malaya’s Social Security Research Centre (SSRC) has pointed to a growing number of Malaysians wishing to work as long as their health permits, despite having savings or investments.
Close to half of the respondents aged 60 and above continue to work, most of them feeling their savings are insufficient, said a report released in October.…
SINGAPORE MUST RETRAIN MID-CAREER PROFESSIONALS TO HELP THEM RECOVER FROM REDUNDANCY, SAY HR EXPERTS
IN Singapore, employees whose careers can be damaged the worst when made redundant are the country’s locally trained mid-career professionals – and HR experts are arguing that these workers need help. According to government data as much as 70% of Singapore-based employees who have been made redundant are mid-career pros.…
EU-VIETNAM TRADE AGREEMENT WILL BOOST TEXTILE TRADE, CLAIM EXPERTS
THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed last month (September). They were speaking at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…
ASIAN INTERNATIONAL REGULATORY ROUND UP – SINGAPORE PLOTS REVERSE CHARGE VAT RULE
SINGAPORE has released details of how it plans to insist that sellers of mobile phones, memory cards and off-the-shelf software pay VAT on the sale rather than purchase of such goods, to prevent tax fraud. The Inland Revenue Authority of Singapore (IRAS) says that this reverse charge system is designed to prevent black-marketers avoiding VAT payments, while customers lower down the supply chain continue to claim input tax.…
VIETNAM TEXTILE EXPORTERS LOOK TO ASIA TO BOOST SALES
VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates.
Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …
INDUSTRIAL GROWTH BOOSTS DEMAND FOR FIRE RETARDANT PAINTS IN BANGLADESH
WHILE there is little doubt that the Asian fire resistant coating market is large – indeed New Jersey-based chemical consultancy Growney Kusumgar, Nerfli & Growny has argued that it is several times larger than that of the USA’s USD100 million-market – marketers can struggle to make sales. …
COMPANIES PUTTING PROFITS AHEAD OF PREVENTION IN ANTI-BRIBERY AND CORRUPTION COMPLIANCE - STUDY
MULTINATIONAL companies are failing to prioritise anti-bribery and corruption (ABC) measures with more than half appearing to put profits ahead of prevention and a significant minority of CEOS not prepared to turn their backs on high risk contracts due to commercial pressure, according to a new survey.…
INTERNATIONAL, REGIONAL AND NATIONAL STANDARDS OFFER GOOD PRACTICE AS TEXTILE DIGITALISATION SPEEDS AHEAD
IN a cutting-edge area of the textile sector such as digital manufacturing, planning and distribution, it is always helpful to know what the gold standard is for performance. But with technologies still developing and innovation taking hardware and software in directions that are untested – with implications that are as yet unknown – companies may not want to follow the crowd.…
AVIATION SECURITY IMPROVEMENTS AT HSIA IN SIGHT AS BANGLADESH BATTLES CARGO BANS
BANGLADESH has ramped up investments in high-tech equipment to bolster security at the Hazrat Shahjalal International Airport (HSIA), in its capital Dhaka, but sustaining mechanical and procedural improvements remains an ongoing challenge.
The spending has followed a string of bans on cargo flights out of the country’s main gateway over security concerns, with the European Union (EU) becoming the latest to enforce such restrictions on June 1, (2017).…