Photo by JKstock / Shutterstock.com Are you wondering how the changes in your retirement account balances lately stack up next to other savers’ results? Fidelity Investments’ latest quarterly analysis of trends in its customers’ retirement accounts can give you an idea. It includes account balances as of March 31 for …
Read More »COVID-19: Hari Raya Is ‘Cancelled’, But We’re Keeping The Spirit Of Ramadan Alive Online
When Prime Minister Lee Hsien Loong announced the extension of the circuit breaker until June 1, there’s one thing that’s running through the minds of those in the Malay-Muslim community: there’s no Hari Raya this year. It’s only the second week of Ramadan — a holy month when Muslims observe …
Read More »COVID-19: How S’pore Logistics Firm Ninja Van Is Coping With The Spike In E-Commerce
The COVID-19 outbreak has affected many businesses, changing the way consumers shop. As the demand for e-commerce skyrockets, express delivery businesses become increasingly instrumental as the channels between customers and business retailers. However, are these courier services necessarily driving in massive profits, and is it all smooth sailing for them during this COVID-19 …
Read More »COVID-19: Most S’pore Firms To Continue Working From Home After Circuit Breaker Ends
When the circuit breaker ends on 1 June, the majority of Singapore will still continue working from home. Minister for Trade and Industry Chan Chun Sing said on Sunday (3 May) that this should be the norm for the “foreseeable future”. Companies were first encouraged to reduce on-site activities before …
Read More »COVID-19: Circuit Breaker Measures To Gradually Ease – Some Businesses Will Resume On May 12
The COVID-19 multi-ministry task force announced today (May 2) that it will gradually ease the circuit breakers following the decline of community cases in Singapore. Minister Lawrence Wong, co-chair of the task force, said that some businesses in Singapore will gradually be allowed to resume operations on May 5, starting …
Read More »COVID-19: 148 FairPrice Outlets Now Require Shoppers To Scan NRIC For Entry
Last Tuesday (April 21), Minister for National Development Lawrence Wong said that localised restrictions will be imposed in popular areas to “thin out the crowds and reduce transmission risks.” Supermarkets and wet markets are identified as some of the “popular areas,” where people tend to gather and safe distancing is …
Read More »When One Door Closes, Another Opens: 5 Industries For Job Opportunities During COVID-19
As Singapore extends the ‘circuit breaker’ period, many sectors have been badly impacted, such as hospitality, travel and tourism, retail, as well as F&B. In a bid to cut costs, many companies have even imposed pay cuts as well as salary and hiring freezes. The National Wages Council has advised …
Read More »COVID-19: Esprit To Close 56 Asia Outlets, Including S’pore, As Part Of Restructuring Plans
Hong Kong-based fashion retailer Esprit is closing all stores in Asia outside of mainland China, as it grapples with the impacts of Covid-19. It will close 56 outlets across Singapore, Malaysia, Taiwan, Hong Kong and Macau by 30 June, and also wind down its business in China. The move is part …
Read More »COVID-19: Home-Based F&B Businesses May Not Be Allowed To Operate Under Circuit Breaker Rules
In a joint statement on Saturday (April 25) by four government agencies — the Trade and Industry Ministry, Environment and Water Resources Ministry, Housing Board and Urban Redevelopment Authority — home-based businesses will only be allowed to continue to operate during the circuit breaker period if they meet certain criteria. …
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