Property Launches & Investments

This is some blog description about this site

Home
Home This is where you can find all the blog posts throughout the site.
Categories
Categories Displays a list of categories from this blog.
Tags
Tags Displays a list of tags that has been used in the blog.
Bloggers
Bloggers Search for your favorite blogger from this site.
Team Blogs
Team Blogs Find your favorite team blogs here.
Login

Username Register Password Forgot Password?
Remember me

Subscribe to this list via RSS Blog posts tagged in Ministry of Manpower MOM

Singapore's residential supply glut exacerbated by unyielding immigration stance

Posted by Property Launch Invest on Tuesday, 23 June 2015 in Property News

Who will buy homes without foreigners and PRs?

The oversupply in Singapore's private residential property market is being aggravated by the government's tight stance on immigration, a report by BNP Paribas said.

More than 1.3 million foreigners working in Singapore:

Posted by Property Launch Invest on Sunday, 17 August 2014 in Property News

SINGAPORE: There were 1,331,600 foreigners working in Singapore as of December 2013, Manpower Minister Tan Chuan-Jin told Parliament on Tuesday (Aug 5).

In a written response, Mr Tan said that excluding about 224,500 foreign domestic workers, there were 1,107,100 foreigners employed across different sectors in Singapore. He added that the breakdown by nationality is not publicly available.

In addition, the minister said the construction and food and beverage (F&B) industries are on the list of the top 10 sectors employing the most number of foreigners as of December 2013.

The list is reproduced in full below:

Singapore's edge goes beyond labour policies

Posted by Property Launch Invest on Saturday, 04 January 2014 in Property News

MOM urged to reiterate latest rules aimed at fair, not preferential hiring practices

Singapore's overall attractiveness as a regional investment hub is often emphasised by policymakers, and it is this which the country now looks to, to counter any potential erosion of competitiveness from the latest foreign manpower policy changes.

This is especially so since repeated rounds of tighter regulations may have given foreign businesses the impression that Singapore is less open than it is, business representatives and observers say.

Unemployment rate falls to 1.8% in Q3

Posted by Property Launch Invest on Monday, 16 December 2013 in Property News

The unemployment rate in Singapore has fallen to 1.8 per cent in the third quarter of the year, 0.3 percentage points lower than that of the previous three months. This is the lowest so far in 2013 -- the last time the country's unemployment rate hit 1.8 per cent was in December last year.

Acting Manpower Minister Tan Chuan-Jin said the latest employment figures released by the Ministry of Manpower are encouraging, but economic restructuring towards more productivity-led growth has to continue.

Construction boom, but challenges loom

Posted by Property Launch Invest on Wednesday, 11 December 2013 in Property News

SINGAPORE - The construction boom shows no signs of ending any time soon, but a shortage of workers means projects may cost more and take longer to complete.

Experts say the strong construction demand is expected to continue with many big projects in the pipeline, including public housing and infrastructure works such as the MRT's Thomson Line.

While this is good news for the industry, contractors say they are struggling to cope with the manpower shortage.

Some 2,600 Employment Passes not renewed in first half of this year

Posted by Property Launch Invest on Tuesday, 03 December 2013 in Property News

About 2,600 Employment Passes (EPs) were not renewed in the first half of this year, said Acting Manpower Minister Tan Chuan-Jin in Parliament on Tuesday.

Responding to Nominated MP R Dhinakaran, Mr Tan said slightly more than half of the EPs that were not renewed were from the lowest tier, or Q1 pass holders.

Employment rate hits new high in 2013: MOM

Posted by Property Launch Invest on Friday, 29 November 2013 in Property News

Here is the press release from the Ministry of Manpower (MOM):

A record proportion of residents aged 25 to 64 were in employment in 2013.

The labour force participation rate rose for a second consecutive year to a new high in 2013, as more women and older residents joined the labour force amid a tight labour market. Real income growth strengthened, as nominal income gains remained high and inflation eased. These are the key findings from the "Singapore Workforce, 2013" report by the Ministry of Manpower's Research and Statistics Department, based on data from the Comprehensive Labour Force Survey conducted in mid-2013.

Singapore population at 5.4m in June, up 1.6%

Posted by Property Launch Invest on Friday, 27 September 2013 in Property News

SINGAPORE'S population stood at 5.4 million in June, a 1.6 per cent rise from the previous mark of 5.31 million.

The increase, however, was the smallest growth in the past nine years, said the National Population and Talent Division in its annual Population in Brief report released on Thursday.

There was also some good news on the ongoing push to encourage Singaporeans to have more babies.

The resident total fertility rate increased from 1.2 in 2011 to 1.29 last year, with improvements seen across all ethnic groups.

Population growth

Source: BusinessTimes 26th September

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments

MOM urged to reiterate latest rules aimed at fair, not preferential hiring practices

The unemployment rate in Singapore has fallen to 1.8 per cent in the third quarter of the year, 0.3 percentage points lower than that of the previous three months. This is the lowest so far in 2013 -- the last time the country's unemployment rate hit 1.8 per cent was in December last year.