MOM’s reply on 2 PRC workers sitting on top of crane incident
On 6 Dec 2012, the Ministry of Manpower (MOM) received a call from the Police, alerting us of an incident involving 2 Chinese construction workers. Mr Zhu Guilei and Mr Wu Xiaolin were at the top of the crane at a construction site at 31 Jurong Port Road, citing unhappiness with their employer, Zhong Jiang (Singapore) International...
Singapore Curbs to Slash Home Sales in 2013
Bloomberg- Nov 15, 2012 Singapore home sales may fall as much as 27 percent in 2013 after climbing to a record this year as six rounds of housing curbs by the government crimps demand, according to Jones Lang LaSalle Inc. Private home sales next year may drop to 16,000 units from 22,000 units this year, said David Neubronner,...
Singapore cuts 2012 growth outlook, sees subdued 2013
Reuters- Nov 15, 2012 Singapore cut its growth forecast for this year to around 1.5 percent and warned of a subdued 2013 on Friday as updated third-quarter data and October export numbers showed weakness in electronics manufacturing and financial services. The trade-dependent economy is expected to grow 1-3 percent next year,...
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