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Archive for the ‘Business’ Category
Cost of living for expats in Singapore skyrockets from 33rd to 16th place in 5 years

Cost of living for expats in Singapore skyrockets from 33rd to 16th place in 5 years

According to ECA International’s Cost of Living survey released today (14 Dec), the cost of living for expats in Singapore has increased from last years’. While the costs of living for expats in Singapore has climbed two places to become 16th place globally, the long term trend marks a greater jump from 33rd in 2011 to... 

Number of retrenched workers hit 7 year high

Number of retrenched workers hit 7 year high

According to figures released by the MOM today (13 Dec), the number of retrenched workers hit a 7-year high in 2016. This figure is the highest since the 2009 Global Financial Crisis. In the first 9 months of this year, there were 13,730 workers who were laid off. This marks a 35% increase over the 10,220 number during the same... 

Hardworking local staff terminated from bank while foreign colleagues still stay on

Hardworking local staff terminated from bank while foreign colleagues still stay on

I work in a local bank as a IT contract staff through an agent which also have many Filipino and Indian IT staff. After my contract completed, my employer extended my contract for another one year and gave me a small increment. Throughout this contract, there will be some bullying tactics like sabotage from the foreign staff... 



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