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Found 88 results

  1. Unemployment rate for over-30s creeps up This group of job-seekers runs the risk of skills obsolescence, says Manpower Minister 04:45 AM Jun 16, 2012 by Sara Grosse SINGAPORE - As Singapore's labour market shows signs of softening, Minister of State for Manpower Tan Chuan-Jin yesterday flagged an area of concern: The long-term unemployment rate, while still low, has crept up over the year for residents aged 30 and over. For residents aged 30 to 39, the figure rose from 0.3 per cent to 0.4 per cent, while for mature residents aged 40 and over, the figure rose from 0.7 per cent to 0.8 per cent. "This group of job-seekers remains unemployed and is still unable to secure a new job after an extended period of time," wrote Mr Tan on The Manpower Blog. "Thus, skills obsolescence could potentially set in." He gave assurance that the Government will work closely with the Singapore Workforce Development Agency to help these job-seekers with training and finding new jobs. The report released yesterday showed that job creation had slowed in the first three months of the year with 27,200 jobs created, down from 28,300 a year ago. Unemployment rose slightly to 2.1 per cent in March from 2.0 per cent last December, while the number of job vacancies fell by 5.1 per cent over the year to 46,800 in March. Inflation continued to weigh down on wages, with real average monthly earnings falling by 3.9 per cent in the first quarter from last year, following a 1.4-per-cent drop in the fourth quarter of last year. Recruiters told Channel NewsAsia that they were concerned about Singapore's labour productivity, which fell by 2.2 per cent in the first quarter after declining by 0.5 per cent in the previous quarter. Some, like Randstad Regional Director Karin Clarke, said it suggests that firms are not improving their productivity despite challenges in finding the right talent. As for the dip in employment rate, Association of Small and Medium Enterprises President Chan Chong Beng said: "That small increase in the unemployment rate could possibly be offset later on by the cutting-down of the dependency ratio ceiling." Meanwhile, 2,600 workers were made redundant in the first quarter of this year, down from 3,250 in last year's fourth quarter. URL http://www.todayonline.com/Singapore/EDC12...r-30s-creeps-up Copyright 2012 MediaCorp Pte Ltd | All Rights Reserved
  2. It's the end folks. http://www.channelnewsasia.com/news/singapore/lta-cuts-vehicle-growth-rate-to-zero-9335560
  3. Wolfy3769

    Tackle the birth rate problem..

    abt last wk, saw a news headline by SM about alternate ways of increasing birth rate... then last sunday on zaobao, saw the report on Russia. Imposing tax on those couple who dont have kids. 6% tax impose on their monthly salary.. See liao.. i was wondering whether this is what they mean by alternate ways...
  4. Hi to all clubbers of mcf, some news to share..... http://www.reuters.com/article/lifestyleMolt/idUSSIN13347020080625 http://www.topnews.in/foreigners-producing-badly-needed-babies-singapore-249297
  5. Singapore's jobless rate rises to 2.1% in March By Qiuyi Tan | Posted: 30 April 2012 1014 hrs
  6. Blacksnow

    My heart rate KYM?

    I have recently bought a fitbit, been using it for a few weeks now. I know the heart rate measurement is not as good as those strap type. My resting heart rate is between 55-60 bpm. Which I think is alright. But whenever I start to walk and do something like household chores (not exercises), my heart rate shoots up to 80+ or 90+ and it stays there for a long time even after I sit down and rest. It takes a long time to drop back to 70+. Is there something wrong?
  7. Flameice85

    Car Loan Interest Rate

    Hi all, Anyone knows what is the car loan interest rate nowadays? Is it going up? Some PI tends to offer very attractive price but the interest rate like very high.
  8. Hi, is there any website that show the commercial shop rental rate within certain area? those below HDB blocks. thanks!
  9. Hi All, Where can find good labour rate like SG$10 or RM$10 (Singapore of Malaysia) for providing oil change, oil filter? If able to find such lobang, then don't mind every 5,000 have oil change.
  10. I guess it's a matter of time. How much higher do you think it will go? I do not recall it being higher than 3% though but I am referring to AD rates.
  11. Think its not shared in this forum yet.... For those who is waiting for durian to drop.... think got to wait long long.... http://transport.asiaone.com/news/general/story/vehicle-growth-rate-cut-025-05-cars-hit-1m-mark-lta The Certificate of Entitlement (COE) quota for November 2014 to January 2015 will be 11,932. Bidding under this quota will start with the first COE bidding exercise in November 2014. The COE quota consists of the following components: a. Provision for 0.5 per cent per annum vehicle growth based on the vehicle population as at 31 December 2013; b. Replacement COEs for vehicles deregistered in the preceding three-month period of July to September 2014; c. Adjustments for changes in the taxi population, expired COEs, and over-projection of vehicle deregistrations in 2008/2009. 3. The next quota announcement for the bidding period of February to April 2015 will be made in January 2015. More new Category (CAT) C vehicles registered without COE bidding, under the Early Turnover Scheme (ETS) The number of replacements under the ETS has increased significantly since the enhancement of the ETS in March 2014. While the total number of deregistrations has not increased significantly, the replacements under the ETS have more than tripled, from about 20 per cent before the enhancement to 70 per cent in the third quarter of 2014. This means that more CAT C COEs are being made available directly in the market, rather than through the bidding system. While this leaves fewer CAT C COEs available for bidding, it also means that potential buyers can obtain new vehicles coupled with a ready COE, without needing to bid for a new COE through the open bidding system. Thus, the CAT C quotas for the quota period from November 2014 to January 2015 are also substantially lower. It is not, however, indicative of the total number of new vehicles that may be purchased and registered in that quarter, as many more COEs may be made available through direct registrations under the ETS. Nonetheless, COE quotas for bidding may be higher in subsequent quarters as deregistrations increase, based on the age profile of the existing CAT C vehicle population. Looking ahead: Ensuring the sustainability of Singapore's transport system With 12 per cent of Singapore's total land area already taken up by roads, there is limited scope for any further expansion of the road network. Priority for road growth will be given to serve new development areas and to facilitate bus movements to bring about a better public transport experience. The latter supports ongoing efforts to improve the quality and connectivity of our public transport network, which is set to undergo significant expansion over the next few years. Therefore, it is not tenable to keep to the same rates of vehicle population growth as before. Already, the number of vehicles on our roads is drawing near to one million. In view of this, the Land Transport Authority (LTA) will lower the vehicle growth rate. From February 2015 to January 2018, the annual vehicle growth rate will be lowered from the current 0.5 per cent to 0.25 per cent. This will be reviewed again in 2017. The lower vehicle growth rate is not expected to substantially impact the COE supply as this is determined mainly by the number of vehicle deregistrations. This is especially so in view of the generally rising trend of deregistrations in the coming years, as the COEs of many old vehicles expire. Reduced rate of contribution to CAT E To maintain a more stable supply of COEs in each COE category under a lower vehicle growth rate, the contribution rate to CAT E will also be reduced from the current 15 per cent to 10 per cent from February 2015 onwards. Currently, 15 per cent of COEs from deregistered vehicles in each vehicle category, CAT A to D, form the COE quota for the Open Category (CAT E). CAT E COEs can be used to register vehicles from any COE category. This provides structural flexibility for the vehicle mix to evolve over time according to market demand. This reduction will return more COEs from deregistered vehicles to their respective categories. The immediate effect on quotas available for each vehicle category is expected to outweigh the reduction in vehicle growth rate. - See more at: http://transport.asiaone.com/news/general/story/vehicle-growth-rate-cut-025-05-cars-hit-1m-mark-lta#sthash.BQvj31y8.dpuf
  12. The ugly truth about TFR and foreign influx
  13. Pls comment...
  14. Hi all, Has everyone has any rate of petrol evaporation in ur car's tank? I dont drive to office so i mostly use my car night time or weekend. Last week due to one reason or another, i dont use my car at all. Then today i realised that the level of my petrol went down. Not a lot, but it is noticeable. With a full tank, does anyone know how much differences between using ur car everyday and using it only during weekend?
  15. Hi, I remember the mkt rate to knock back and spray paint was about $150 per panel 10 years ago. Does anyone know the going rate now? $200-$250 per panel? Somebody just knocked into me and wants to settle privately so would like to know...... thanks
  16. I parked my car this after noon at the open-air car park opposite Wheellock Place (ex Borders Bookshop) for less than 2 hours and got a shock that the fee was close to $4. When I see the car park rate, I noticed that it is $1.00 per 30 mins. That car park is outside CBD and why is URA charging $1 for 30 mins? Are there any car parks outside CBD charging the same?
  17. http://www.reuters.com/article/2013/02/28/...mp;dlvrit=56943 are these 2 FTs? Mukesh Kumar Chhaganlal and Prashan Parmeshwar Sunny Miripuri. Outstanding. Fired still throw lawsuit...
  18. Is it true? Heard it will rise to 3.45% this Friday?
  19. Kelvingoh45

    Interest rate to increase

    Most bank is going to increase the interest rate to 2.28% by September. Forr those going to buy car better act fast.
  20. Hi guys, Somehow contemplating getting a brand new Defender by the end of this year. OTR price as for now is 148K. What i heard is 2.88% interest p.a and a maximum of 7 years loan? I calculated with a 20K down payment, monthly is 1.85K....foooo Is it true? If so, any guys out there know where i can get defender for 10 yrs loan? Btw, it needed a company registration. Another question, do you actually need to be employed by the company when you submit the company certificate of registration to the dealer?
  21. From CNA: http://www.channelnewsasia.com/stories/sin...1236698/1/.html SAF uses technology to counter lower birth rate & ageing population By Imelda Saad | Posted: 12 November 2012 1429 hrs SINGAPORE: The Singapore Armed Forces (SAF) has been affected by Singapore's declining birth rates and ageing population. National Service (NS) enlistees are drawn from eligible male Singapore citizens and permanent residents. In a reply to Parliament, Defence Minister Ng Eng Hen said in the 1990s, about 15,000 NS men were enlisted into the SAF each year. From the year 2000, Singapore experienced higher numbers as children given birth by cohorts of baby-boomers came of enlistment age, including those born in the 1988 Dragon year. As a result, SAF enlistments increased and reached a peak of about 21,000 in 2011. But going forward, due to an ageing population and declining fertility trends, SAF enlistments are expected to gradually taper and revert to levels in the 1990s, of about 15,000 each year. But even with these enlistment numbers, Dr Ng said Singapore's long-term projections till 2040 indicate that the SAF will still be able to mobilise about 300,000 soldiers from regulars, full time national servicemen (NSFs) and operationally ready NS men (ORNS), if needed. Dr Ng added the SAF has taken into account its manpower requirements over the long term through its transformation towards a 3rd-generation SAF. That is, through advances in technology and with more effective systems and platforms, which require fewer men to operate. Dr Ng said: "Beyond investing in technologically advanced platforms, we also leverage technology to network our platforms together to provide us greater synergy in training and operations. "So one example is the recently inaugurated community for command, control, communications, computers, and intelligence. Another important factor driving up the overall capability and productivity of the SAF lies in the rising quality of our servicemen." "As a whole, the higher quality of our NS men combined with the advanced platforms and effective use of technology to network our systems, will ensure that the SAF continues to be an effective military force and a strong deterrent against any aggression," he added. - CNA/xq
  22. i am quite amazed by ppl who goes around singapore or website asking for the best exhcange rate to foreign currency. I never do that as i don change in millions. i am not sure if it is worth the effort or going to a further place just to get that extra few cents worth. what is your take?
  23. I am just wondering what are the interest rates for car loan on offer in the market. For those that had just bought an Used Car, please share :) (1) Loan Amount (2) % of loan amount to Transacted car price (3) Tenure (How many years) (4) Interest (%) I hope this will help for those looking at buying an Used car, including myself in very veary near future. Thanks in advance for your contribution.
  24. Top Up Air Con gas how much? whats the market rate any advise?
  25. Just want to find out the prevailing conditions........ Any bros renting out?
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