Wage subsidy could blunt Singapore’s edge
(Reuters, 26 Feb) - Singapore’s government hopes that new subsidies for low-wage workers will fix two problems: pressure on company profits, and income inequality. But in doing so, it will just create new problems later on. The government has offered to reimburse private employers as much as 40 percent of future pay increases...
Tenure denied for Singapore prof, sparking debate
A Singapore journalism professor who has written extensively about the lack of media freedom in the city-state has been denied tenure a second time, and hundreds of his supporters at home and abroad are demanding to know why. Supporters of Cherian George, an associate professor in journalism studies at the Nanyang Technological...
Southeast Asian margin squeeze snags Singapore Inc
Singapore (Reuters, 25 Feb) - The most widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city state as rising costs and slow growth sap profitability. A Reuters study of 268 listed Singapore companies showed that 57 per cent reported a year-on-year drop in operating profit margin for...
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