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MOM Committee of Supply 2021: Highlights for HR leaders to know

  As part of priorities for this year, Minister Teo shared that the raise in retirement age and re-employment age will proceed as planned in July 2022; while from 1 May 2021, DP holders will require a valid work pass to work in Singapore. Full updates here. Deeper aid for the hiring of locals to support rebound, help for every segment of the workforce to emerge stronger from the pandemic, and further support for business transformations - these are the three overarching priorities of Singapore s Ministry of Manpower (MOM) in 2021, Manpower Minister Josephine Teo has announced.  In her speech at MOM s Committee of Supply (COS) 2021 yesterday (3 March), Minister Teo noted that these three priorities will cover not just the short-term concerns, but also the medium- and longer-term concerns in the country. She said: Digitalisation, remote work, widening income gaps and an ageing workforce will continue to challenge us. We must aim to overcome the crisis and help every segment of

Deals round up Monday, March 1

Deals round up Monday, March 1 It s the real deal(s). The Buy Area Staff FacebookTwitterEmail Today is a stand-out collection of deals, with AirPods Pro at a particularly low price at Woot, and a nice at-home workout bench for anyone looking to get a active in time for summer.

OPEC chatter, fallout from Texas cold snap to drive oil prices this week

OPEC chatter, fallout from Texas cold snap to drive oil prices this week Daniel Graeber, Correspondent FacebookTwitterEmail Disruptions to U.S. crude production caused by the bitter has supported  oil prices.Matthew Busch / Bloomberg The direction for crude oil prices this week will be determined by the impact that the harsh winter weather had on the U.S. energy sector, but keep an ear on the OPEC chatter, analysts said.   A bout of freezing rain was followed by sub-freezing temperatures across the U.S. Gulf Coast last week, shuttering four of the largest refineries in Texas. In total, more than 20 oil refineries across the south were affected, while frozen well heads and pumps temporarily shut in as much as 40 percent of total U.S. crude oil production.

NTUC s top priorities in 2021: Greater coverage of PWMs, protection for vulnerable workers, and more

Published: 18 February 2021 The Union acknowledged that the implementation of PWM must be quickened, citing a push in six sectors, including strata management, pest management, and solar technology. This, in turn, could potentially benefit about 80,000 workers. The National Trades Union Congress (NTUC) has announced that uplifting the wages of lower-wage workers in Singapore will remain a top priority for the Union in 2021. In that vein, the formation of the Tripartite Workgroup on Lower-Wage Workers (TWG-LWW) in 2020 was a show of commitment by the tripartite partners to do more to uplift the wages of more lower-wage workers faster, NTUC noted in a press release.

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