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       Websites

 

Dexspex.com   DMA International is a manufacturers representative organization, serving manufacturers throughout the world. DEX SPEX is our division geared to generating a continual supply of qualified specification or marketing leads or sales for manufacturers to gain wide-scale brand awareness in your field - Architectural, Engineering, Interior Designer.

Eesiflow.com  Eesiflo is an OEM manufacturer of fixed and portable clamp on transit time ultrasonic flow meters in Singapore.

fibroindia.com Fibro Group Of Companies - They are the leading manufacturers of Textile Paper Tubes in India. They manufacture DTY, CORE, POY tubes of super high quality. They export to Singapore too.

sirubaonline.com  Consulfix Corporation Sdn. Bhd. For 20 years we have been a respected manufacturer and exporter of underwear for men, women and children. Our professional designers and experience workmanship place these products at the medium-high of fashion and quality...

worldlabel.com.sg is a manufacturer of labels including laser, barcode, custom adhesive labels and more.

     News Snippets

     2007

 

New foreign workforce measures to meet strong market demand

With effect from 1 January 2008, the S Pass quota for all sectors will be increased from 15% to 25%. The new S Pass quota will come entirely from companies' Work Permit quota which will be increased for all sectors. Companies can therefore employ more S Pass holders, in lieu of Work Permit holders, hence improving the quality of their foreign workforce...
To strengthen our global talent attraction and retention efforts, refinements will be made to the PEP scheme. Foreign professionals whose last drawn fixed monthly salary overseas was at least S$7,000 will be eligible for a PEP. The PEP will also be granted to former P1 Employment Pass holders upon application.
These changes will take effect from 1 March 2008. Existing and new P1 pass holders working in Singapore that apply for the PEP ahead of the 2-year requirement will be accorded in-principle approval. They can apply to take up the PEP at the end of 2 years on their current P1 pass...

More.....

 

Singapore Workforce 2007

The continued tightening of the labour market this year has also led to significant gains in income and a reduction in the number and share of low wage workers...
Excluding the extreme age bands, the employment rate for those aged 25 to 64 edged up to a new record of 76.5% from 75.5% a year ago. Supported by efforts to improve employability of older workers, the employment rate of older residents aged 55 to 64 rose by 2.5%-points over the year to 56.2% in June 2007..

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Outlook for Singapore economy in 2008

MTI forecasts the Singapore economy to grow by 4.5-6.5 per cent in 2008. This represents a moderation in growth towards the economy's underlying potential rate, following four years of above-trend growth.
The market consensus is that the US economy will slow down in the first half of 2008 as a result of weaker credit and housing markets before resuming healthy growth in the second half. This would support GDP growth in Singapore in the upper half of the 4.5-6.5 per cent forecast range...

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Employment situation in 3rd Quarter 2007

Employment continued to grow strongly as the economy maintained its rapid expansion. Preliminary estimates show that employment grew by 57,600 in the third quarter of 2007...
Services continued to lead the employment gains, adding 34,500 workers in the third quarter of 2007. Manufacturing posted gains of 11,800. Driven by the growth in building activities, construction increased its workforce by 10,800, continuing the rapid increase of the previous quarter...

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Advance GDP estimates for second quarter 2007

"Advance estimates1 show that real gross domestic product (GDP) rose by 8.2 per cent on a year-on-year basis in the second quarter, up from 6.4 per cent in the previous quarter...

"Underpinned by strong growth in the biomedical manufacturing and transport engineering clusters, the manufacturing sector is estimated to have grown by 10.2 per cent the second quarter, up from 4.4 per cent in the previous quarter..."

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MAS and SGX to oversee corporate governance for listed companies

Oversight of corporate governance of listed companies will be transferred from the Council of Corporate Disclosure and Governance (CCDG)[1] to the Monetary Authority of Singapore (MAS) and the Singapore Exchange Ltd (SGX) with effect from 1 September 2007...
The Code of Corporate Governance will continue to be implemented through the SGX Listing Rules via the “comply or explain” approach[2], as is currently the practice...

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Inaugural Singapore National Barista Championship 2007

Mr Ross Bright Master Coffee Roaster & Wholesale Manager with the Spinelli Coffee Company

29 – 31 March 2007

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     - 1,100 theft cases involving metals in 2006

 

Alcoholic beverages consumption in foreign workers' dormitories

"In a pilot test, Police has allowed beer to be sold in four dormitories1, and where the beer is then consumed at designated social areas inside the dormitories...
"Police is now conducting a review to assess if the sale and consumption of beer can be extended to other dormitories..."

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     - Health Products Bill passed

 

Advance GDP estimates for 4th quarter 2006

3Q06

4Q06*

2006

Overall GDP

7.0

5.9

7.7

Goods Producing Industries

Manufacturing

9.5

7.3

11.4

Construction

2.6

2.4

1.1

Services Producing Industries

6.6

6.0

6.9

* Advance Estimates

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     2006

     - Record 15,000 household products registered with SAFETY mark

     - Survey shows manpower issues a growing concern for SMEs

     - Foreign Worker Levy and S Pass quota to go up

     - PMI for electronics shows contraction for June 2006

 

Retrenchment & re-employment 2005

Amid favourable economic conditions, the incidence of retrenchment dropped to a twelve-year low in 2005...

The incidence of retrenchment for professionals, managers, executives & technicians (PMETs) dropped to an eight-year low of 8.0 per 1,000 and a thirteen-year low of 4.8 per 1,000 for clerical, sales & service workers...

In 2005, on average 61% of local2 retrenched workers found re-employment within 6 months of their retrenchment, slightly higher than 59% in 2004. The improvement was more pronounced for the better educated workers...

More.....

     - Advance GDP Estimates for First Quarter 2006

     - Singapore Labour Market 2005

     - Workplace Safety and Health Act replaces Factories Act

     2005

     - Performance of Singapore economy in 3rd quarter 2005

     - Key indicators on Singapore's Corporate Sector 1999-2003