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3 Business Platforms The Government Is Investing: Corporate Venture Launchpad; Open Innovation Platform; Global Innovation Alliance


5 minute read
In the recent Budget 2021, DPM Heng Swee Keat talked extensively about innovation as a key economic driver for Singapore’s recovery from the pandemic in 2021 and beyond. Creating a vibrant business community will require innovation and disruption, lest they be caught out by the rapidly changing winds of technology and geopolitics. 
Singapore’s recovery hinges on innovation because businesses provide not only goods and services but also jobs. If businesses can find unique and better solutions to existing problems in the country and the wider region, they stand a better chance at long-term growth and creating better jobs for their employees.  ....

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Top 5 Challenges That Jobseekers Faced In Singapore: Jobs Situation Report (18th Edition)


As the situation was rapidly deteriorating in 2020, the government introduced unprecedented measures to bolster the Singapore economy and jobs market. This included the SGUnited Jobs & Skills Package, which had the aim to create 100,000 openings for jobseekers, as well as salary support schemes as the Jobs Support Scheme (JSS) and Jobs Growth Incentive (JGI).
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With the measures in place, there still remained the softer side of helping jobseekers overcome barriers to getting new jobs. In the Jobs Situation Report (18th Edition), the government spotlights the top 5 challenges that jobseekers faced in getting new jobs. It also reported various ways Workforce Singapore (WSG) and NTUC’s e2i helped jobseekers overcome barriers to getting a new job and accessing opportunities.  ....

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Managing Notice Period: Understanding Employee Entitlements When They Leave


5 minute read
While employers may wish for their employees to stay with them for a long time and to grow their business along with them, the reality is that employees come and go. 
In the same way employers do not have to continue working with employees who fall short of their expectations, employees can leave when they find another position they value more.
In fact, the Ministry of Manpower (MOM) clearly states that “all employees, including those on fixed term contract, can resign at any time, as long as they serve the require notice”. In short, employers cannot reject an employee’s resignation. ....

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ESG approved S$18b in loans to 21,000 enterprises last year amid pandemic

ESG approved S$18b in loans to 21,000 enterprises last year amid pandemic
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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