Firms will soon ‘feel the pressure’ to upskill workers, SkillsFuture credit top-up will help them do that: DPM Wong Deputy Prime Minister and Finance Minister Lawrence Wong (left) addressed some questions regarding the national budget in a televised programme. SINGAPORE — Employers reluctant to let their workers go for training stints will soon “feel the pressure” …
READ MORENDR 2024: Retrenched workers may get up to S$6,000 under new SkillsFuture Jobseeker Support Scheme WhatsAppTelegramFacebookTwitterEmailLinkedIn SINGAPORE — Workers who lose their jobs may get a maximum of S$6,000 over a period of up to six months as a form of temporary financial support, Prime Minister Lawrence Wong said at the National Day Rally on …
READ MORESINGAPORE – In the modern e-commerce world, the most prominent fashion and beauty entrepreneurs abroad have eschewed traditional bricks-and-mortar stores, yet are earning six-figure incomes monthly – by selling through a screen. A digital revolution popularised by the Covid-19 pandemic, live streaming – where hosts engage viewers in real time to showcase and sell products …
READ MORESINGAPORE – Some businesses here have given the thumbs up to SkillsFuture measures announced in the Budget on Feb 16, with a handful, including foreign investors, already seeing opportunities to reskill and train employees in emerging technologies, particularly in artificial intelligence (AI). Unveiled by Deputy Prime Minister Lawrence Wong in Parliament, Singapore’s 2024 Budget includes a …
READ MOREHONG KONG – ByteDance’s TikTok aims to grow the size of its US e-commerce business tenfold to as much as US$17.5 billion (S$23.3 billion) in 2024, according to people familiar with the matter, posing a bigger threat to Amazon.com. The 2024 merchandise volume goal for the US version of TikTok Shop – which melds online entertainment with …
READ MORESINGAPORE – TikTok’s algorithm steers Ms Eva Daneesyah to food recommendations, travel vlogs and the occasional stand-up comedy clip. So a May 2023 job advertisement by an ice-cream shop stood out to the 23-year-old Singaporean. In a 42-second-long clip, a worker wearing a mask and a pair of pink-framed sunglasses cleans tables, scoops ice cream …
READ MORESINGAPORE: Livestreaming e-commerce, where businesses use video content on digital platforms to sell products and services in real time, has become all the rage in recent years. However, the sector in Singapore has not quite seen the success stories the likes of larger countries such as China, where livestreaming has reshaped consumer behaviour and transformed …
READ MORESingapore is a seen as a launch pad into Southeast Asia and a showcase market for the region. Per capita income is $65,000 which makes Singapore one of the most affluent countries in Asia. In 2021, the Singapore e-commerce market was valued at US5.9 billion and it is forecast to rise to US$10 billion by …
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