Daily Archives: 2016-11-25

Employers to notify MOM of retrenchments starting from 1 January 2017

Ministry of Manpower (MOM) has announced a new requirement on mandatory retrenchment notifications which will take effect from 1 January 2017. The tripartite partners have issued an advisory to guide employers on complying with this requirement MOM stated that employers will need to notify the Ministry of Manpower (MOM) of retrenchments within 5 working days after they provide notice of retrenchment …

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Claims from road traffic, industrial accidents to be raised from 1 December 2016

The Supreme and State Court have announced that the State Courts’ jurisdiction for claims arising from road traffic accidents and claims for personal injuries resulting from industrial accidents will be increased from $250,000 to $500,000 with effect from 1 December 2016. They said that the change is part of the plans to increase the civil district courts’ monetary jurisdictional limit …

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Olympic Gold Medalist, Joseph Schooling receives his $1 million prize money from Tote Board

Joseph Schooling finally received his $1 million prize money on Thursday (24 November) after beating former Olympic winner, Micheal Phelps, and earned Singapore’s first Olympic gold medal at the 100m butterfly event at Rio Olympics 2016. The prize is part of the Singapore National Olympic Council’s (SNOC) multi-million dollar awards programme (MAP). Tote Board chairman Moses Lee, together with guest of honour …

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Joseph Schooling and other prominent male leaders pin on white ribbons to show commitment to end violence against women

Prominent male leaders in Singapore will don white ribbons this week as part of the White Ribbon campaign, a global movement which unites men and boys to end violence against women and girls. Organised in view of International Day for the Elimination of Violence against Women, this year’s chapter sees Olympic gold medallist Joseph Schooling speak out against gender-based violence …

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Energy performance standards for refrigerators to be raised from Dec 2017

National Environment Agency (NEA) has announced that households can look forward to having more energy efficient refrigerator models in the market and reap energy cost savings from using them from December 2017. NEA said that refrigerators account for about 18 per cent of total household electricity consumption. To help households save on energy costs and spur the supply of more …

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Borrowing from moneylenders in Singapore is a terrible idea

By SingSaver.com.sg If you have to choose between going to a pawnshop or borrowing from moneylenders in Singapore, pick the pawnshop. Here’s why. First published on 9 May 2016. Last updated on 22 November 2016. Some people are still in the habit of borrowing from moneylenders in Singapore. These high interest, short-term loans can lead to substantial financial damage, as well as …

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