China targets executive pay at state-owned firms
China's President Xi Jinping says high executive salaries of GLCs must be curbed. (August 19, 2014) President Xi Jinping has pledged to limit executive pay at China's powerful state-owned companies, the latest point of emphasis in a sustained austerity campaign. "State-owned companies must realize more equitable...
Singapore to reform CPF scheme after protests
(17 Aug) - Singapore is to reform its mandatory retirement savings scheme and will provide greater support to low-income pensioners, the Prime Minister said on Sunday, in response to growing public criticism of the system. Providing for Singapore's ageing society is one of the biggest challenges facing Lee Hsien Loong's government,...
Singapore launches new urban live-firing training facility
Singapore's newly-launched Murai Urban Live-Firing Facility enables the Singapore Armed Forces to expand the scope of urban operations training for its troops. Source: IHS/Kelvin Wong (18 August 2014) The Singapore Armed Forces (SAF) has inaugurated a new training complex which enables the army to simulate mounted...
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