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Food service sector picks up with more than 9,200 job openings

The food service sector is continuing to pick up speed with its hiring, with over 9,200 job openings posted as at end-December on the MyCareersFuture portal, said the Ministry of Manpower (MOM). Around 37 per cent of these jobs are for professionals, managers, executives and technicians (PMETs) and include roles such as food and beverage managers and sales, marketing and business development managers. Roles for non-PMETs include cooks, waiters, bartenders and baristas. "Non-PMET food service roles have low barriers to entry and companies are able to provide flexible working hours," said the MOM on Friday. "The sector is open to hiring workers of different profiles, including older workers, students looking for part-time jobs and even caregivers who are looking for flexible work arrangements." Salaries can range from $1,600 to $2,000 for waiters and go up to $6,500 for sales, marketing and business development managers. But the sector can also become more attractive to locals, as companies transform operations through digitalisation and create enhanced job roles, Manpower Minister Josephine Teo told a briefing on the sidelines of a visit to food services firm Select Group on Friday....

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Home-based business owners share experiences at job fair

Last April, while working from home during the circuit breaker, Ms Andini Muslim and her husband decided to start their own home-based business, selling sweet and savoury treats such as cookies and meatballs. What started off as a side hustle has now become her main focus, after the 42-year-old was laid off from her job in the service engineering industry last month. Hers was among four home-based businesses at a jobs and skills fair at Wisma Geylang Serai yesterday, with the owners sharing their experiences and looking to inspire others to pursue their interests and start their businesses. Said Ms Andini: "Initially, I was scared to start the business. But my husband, my brothers and sisters encouraged me, and said that if I kept saying that I was scared, I would never start a business. "So I said, okay, let's go." She added: "Now as a home-based business, I know that it's tough and there's a lot of hard work. But when people tell you that your food is very nice, and they repeat orders, I feel very satisfied." Some 20 exhibitors had booths at the Jobs and SkillsFuture fair, held in partnership with continuing education and training organisation Mendaki Sense, the Employment and Em...

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The risk of getting a big loan to fund retirement

Want a passive income of more than $1 million by making a relatively low cash investment of less than $200,000? Roll right up, have we got a deal for you. You can supposedly achieve this dream retirement plan by using other people's money such as a bank loan of about $500,000. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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More whistle-blowing in US – from home

You would think that working from home means less trouble at work and less office politics. But the work-from-home phenomenon has triggered fresh frustration for US corporations: workers there are blowing the whistle on their employers like never before. The US Securities and Exchange Commission (SEC) received 6,900 tips alleging white-collar malfeasance in the fiscal year that ended Sept 30, a 31 per cent jump from the previous 12-month record. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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More whistle-blowing in US – from home

(BLOOMBERG) - You would think that working from home means less trouble at work and less office politics. But the work-from-home phenomenon has triggered fresh frustration for US corporations: workers there are blowing the whistle on their employers like never before. The US Securities and Exchange Commission (SEC) received 6,900 tips alleging white-collar malfeasance in the fiscal year that ended Sept 30, a 31 per cent jump from the previous 12-month record. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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Insure for protection, not because it’s ‘free’

Is there such a thing as a fully refundable insurance policy that will pay you back every cent you have put in, if you do not make a claim? Well, yes, if you believe some of the videos circulating on social media. One of these videos explains how the "policy" works: Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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North West CDC raising $2 million to help retrenched residents

SINGAPORE - The Community Development Council (CDC) for Singapore's north-west region is raising at least $2 million to help laid-off residents amid the coronavirus pandemic. MP of Marsiling-Yew Tee GRC and Mayor of the North West CDC, Mr Alex Yam, announced this on Saturday (Jan 23). He said schemes emerging from the CDC's fund-raising efforts will make sure people do not have to wait for approval under existing government programmes, which could take too long. He said: "Government schemes will remain the bread-and-butter, but we want to be able to plug the gap in terms of timeliness and urgency. "As we look ahead, we are hopeful that the economy will stabilise a little bit more, but (this is) in case there are still more people who may face retrenchments or termination due to the economic downturn." Mr Yam was speaking during the WeCare @ North West-Service Weeks campaign, into its eighth year, this year. From Jan 6 to Feb 7, festive packs containing foods worth $50 such as soya milk powder, instant noodles, coffee, sunflower oil and oatmeal will be given to some 20,000 residents living in rental units. Corporate volunteers will also install appliances in some households. Gain Ci...

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M3 initiative in Geylang Serai to encourage lifelong learning, promote healthy lifestyle

SINGAPORE - Programmes promoting healthy lifestyles, encouraging lifelong learning and building a caring community - these are what the M3 initiative looks to bring to Geylang Serai. The ninth M3 town in Geylang Serai was launched on Saturday (Jan 23), in conjunction with Wisma Geylang Serai's second anniversary, and seeks to be a pillar of support for the community. The M3 initiative is a tie-up between the Islamic Religious Council of Singapore (Muis), self-help group Mendaki and the People's Association Malay Activity Executive Committees Council. The M3 @ Towns provides a platform for volunteers and professionals to work together to serve the needs of residents. Other towns in the programme include Bedok and Jurong. Speaking at the launch on Saturday, South East District Mayor Fahmi Aliman spoke about the three key areas of focus for the M3 programme in Geylang Serai and expressed his happiness to see young volunteers coming on board. The outreach volunteer team looks to visit homes in the vicinity on a bi-weekly basis, he noted. In addition, it will conduct quarterly recruitment drives for volunteers and conduct training for these volunteers to help them best serve the communi...

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Licence of pleasure craft suspended after people filmed partying near Lazarus Island on Boxing Day

SINGAPORE - A pleasure craft's licence has been suspended by the Maritime and Port Authority of Singapore (MPA) over an incident on Boxing Day last year that allegedly broke safe distancing rules. This included having more than five people in a group. In a statement on Saturday (Jan 23), MPA said the Advant's licence will be suspended for 30 days over the Dec 26 incident near Lazarus Island. MPA said preliminary investigations revealed the number of passengers on the craft was more than the maximum group size of five that was allowed at the time. Singapore entered its third phase of reopening on Dec 28, which allowed up to eight people for social gatherings. The craft had been chartered for a social gathering and there was co-mingling among the individuals on board, based on the investigations which is still ongoing. Photos and videos of the incident were posted on social media on Dec 26, showing at least 10 men and women dancing without masks. MPA added that further action may be taken against anyone found to have breached the law. "MPA reminds all pleasure craft owners and operators to adhere strictly to the safe management plan they have submitted for their business operations, ...

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More than 9,200 job openings in food services sector as of end-December

SINGAPORE - The food services sector is continuing to pick up speed with its hiring, with over 9,200 job openings posted as at Dec 31 on the MyCareersFuture portal, said the Ministry of Manpower (MOM) on Friday (Jan 22). Around 37 per cent of these jobs are for professionals, managers, executives and technicians (PMETs) and include roles such as food and beverages services managers and sales, marketing and business development managers. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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50,000 jobseekers hired by 14,000 firms in Singapore under Jobs Growth Incentive

SINGAPORE - Around 50,000 local jobseekers were hired by 14,000 or so companies in September under a scheme to encourage firms to boost their manpower plans, according to preliminary estimates out on Friday (Jan 22). About 50 per cent of the new hires were aged 40 and over. The scheme, known as the Jobs Growth Incentive, aims to spur firms to hire more locals, with $1 billion set aside to provide wage support for these workers. Firms that hire local workers from September last year to February this year will receive a subsidy of 25 per cent of the first $5,000 of their gross monthly salaries for one year. The co-payment goes up to 50 per cent for workers aged 40 and above. These figures are encouraging as a good start, said Manpower Minister Josephine Teo at a briefing on the sidelines of a visit to food services firm Select Group. "We also know that the recovery of companies from the impact of Covid-19 would be uneven," she noted. "Some businesses may struggle to pivot, while others may experience new spurts of growth and bring in more people." She added that the incentive is meant to help transfer people from sectors that might be downsizing to those that are continuing to expand...

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US stocks end mostly lower on grim Covid-19 news

NEW YORK (AFP) - Wall Street stocks finished mostly lower on Friday (Jan 22) as investors grappled with worries over new coronavirus strains while confidence in continued fiscal and monetary stimulus supported equities. The Nasdaq edged to a fresh record, but both the Dow and S&P 500 retreated as British Prime Minister Boris Johnson warned a newer Covid-19 strain may be more deadly, and US President Joe Biden said fatalities in the hard-hit country are expected to exceed 600,000. The Dow Jones Industrial Average ended 0.6 per cent lower at 30,996.98, while the broad-based S&P 500 shed 0.3 per cent to 3,841.47. But the tech-rich Nasdaq Composite Index advanced 0.1 per cent to 13,543.06, finishing at a record for a third straight session. "The market is underpinned by a great deal of momentum," said Briefing.com analyst Patrick O'Hare, noting that the Federal Reserve and the newly-installed Biden administration are intent on taking sufficient measures to boost the economy. "A lot of people are still fearful about being out of the market," O'Hare said. New data showed existing home sales in December rose more than expected, capping a strong 2020 as Americans took advantage of low borr...

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China cracks down on fake divorces that let people buy more properties

BEIJING • A surge in real estate prices in Shanghai and Shenzhen has prompted the authorities to rein in speculation, in line with the Chinese government's resolve to keep the property market in check. Shanghai officials unveiled policies late on Thursday to cool the local market, including a measure designed to plug a loophole long exploited by buyers using fake divorces to become eligible to purchase more properties or obtain mortgages. The city will also levy a tax on sales of houses purchased within five years, up from the previous two-year barrier. This is "aimed at resolutely enforcing the decisions of the central committee of the Party" and "firmly upholding the policy stance that houses are for inhabiting, not for speculation", the Shanghai municipal government said in a statement, referring to President Xi Jinping's vow first made in 2017 to boost housing affordability. With the new policy, Shanghai follows big cities including Shenzhen and Hangzhou to crack down on housing speculation via fake divorces since 2018. As most Chinese cities limit home-buying demand by capping the number of properties a family can own, divorce becomes a way to bypass the restriction. In Shangh...

Frasers Centrepoint Trust reports 96% retail occupancy

The manager of Frasers Centrepoint Trust (FCT) said that its performance for the final three months of last year remained resilient, with retail portfolio occupancy stable at 96.4 per cent. An exchange filing on Thursday said total tenants' sales remained stable near pre-pandemic levels, falling 1.3 per cent year on year last month. At the peak of the pandemic in May last year, total tenant sales had fallen 57.1 per cent year on year. Shopper traffic is at 60 per cent to 70 per cent of pre-Covid-19 levels, given the safe distancing measures in place, the manager added. Meanwhile, FCT renewed nearly a quarter of expiring leases which were due in financial year 2021 in the quarter that ended on Dec 31. FCT added that it had extended its debt maturity to three years in the first quarter of this year, compared with 2.1 years in the previous quarter, and reduced the cost of borrowing from 2.4 per cent to 2.2 per cent. Its total borrowings are over $2.2 billion, compared with nearly $1.3 billion in the last three months of last year. FCT completed its acquisition of AsiaRetail Fund and significantly expanded its portfolio, nearly doubling its total assets, it said. It also completed the ...

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Shell, Mitsubishi Heavy Industries, Vattenfall and Warme Hamburg sign Letter of Intent for 100MW Hydrogen Project in Hamburg

TOKYO, Jan 22, 2021 - (JCN Newswire) - The companies Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and municipal company Warme Hamburg are planning how they can jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. To this end, the four companies have now signed a letter of intent. In addition to the construction of a scalable electrolyser with an initial output of 100 megawatts, the further development of the site into a so-called "Green Energy Hub" is planned. This includes the exploration of the extent to which the existing infrastructure of the Moorburg location can be used for the production of energy from renewable sources. In this context, concepts for the necessary logistics chains and storage options for hydrogen will also be considered. Subject to final investment decision and according to the current state of planning, once the site has been cleared, the production of green hydrogen is anticipated in the course of 2025 - making the electrolyser one of the largest plants in Europe.The partners intend to apply for funding under the EU program "Important Projects of Common European Interest" (IPCEI...

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Heathrow Covid Chaos British Tech Co Has Solution

MANCHESTER, UK, Jan 22, 2021 - (ACN Newswire) - British tech company VST Enterprises (VSTE) warned airlines and the travel industry in December of last year of 'Covid related security threats' prior to the chaotic scenes that unfolded at Heathrow airport (Monday 18th Jan).Tech boss and CEO Louis-James Davis warned of the very real and serious threats facing airlines, airports and passengers from fake Covid 19 test certificates, vaccination record cards, social distancing breaches and the use of health passports with 'un safe' QR and bar code technology. He also warned of the serious implications of potential data breaches using 'unsecure' code scanning technology in health passports.Passengers arriving into the UK this week (Monday) were faced with unprecedented scenes at Heathrow airport with long delays, social distancing rules breached, altercations between passengers and border officials, GBP500 on the spot fines and passengers being refused entry to flights for holding invalid Covid 19 certificates. The chaos came as the British Government put in place tough new measures for entry into the UK in a bid to get a grip of the pandemic and prevent the further spread of infection. P...

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Citicode Ltd. Shareholders Approve Reverse Takeover of Homegrown Multi-Disciplinary Healthcare Specialist Livingstone Health Holdings Limited

SINGAPORE, Jan 22, 2021 - (ACN Newswire) - Shareholders of Citicode Ltd. ("Citicode" or the "Company") today approved the reverse takeover ("RTO") of homegrown multi-disciplinary healthcare specialist Livingstone Health, marking the start of a new chapter of growth in Singapore and across the Asia Pacific region.At the extraordinary general meeting ("EGM"), shareholders of Citicode approved the RTO and the transfer of the Company's shares from the SGX Mainboard to the Catalist Board and change of corporate identity to Livingstone Health Holdings Limited ("Livingstone Health Holdings").Livingstone Health Holdings has 15 medical doctors practising at 12 medical clinics and one medical spa located at various Singapore locations. It offers tertiary healthcare services such as aesthetics and wellness, anaesthesiology and pain management, internal medicine, orthopaedic surgery, and primary healthcare service such as family medicine, as well as other paramedical products and services including physiotherapy. It has formed a joint venture in Cambodia to provide aesthetics and wellness services, and also offers healthcare design consultancy services.With a capital market platform, Livingsto...

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OIO, Moonstake’s Partner and SGX listed company, appoints New CEO for its blockchain business subsidiary, Rudy Lim, former Head of FinTech at DBS Bank

SINGAPORE, Jan 22, 2021 - (ACN Newswire) - We are pleased to announce that our regional partner OIO Holdings Limited (SGX: OIO) has appointed Rudy Lim, former Head of FinTech at DBS Bank, as its new CEO at its blockchain business subsidiary, OIO Singapore Pte Ltd, effective 18th of Jan 2021 to accelerate blockchain business deployment and B2B (Business to Business) staking as a service solution.In February 2020, Moonstake and OIO entered into a strategic business alliance to jointly own the Intellectual Property ("IP") for staking-related products that Moonstake developed and to collaborate together in various business activities. After inking a business strategy and IT consulting contract between Moonstake and OIO in August 2020, OIO focused on enterprise sales of B2B staking products developed by Moonstake. Staking market cap that was 12 billion USD value in January 2020 has drastically surged in one year and now it is 190 billion USD. Rudy's joining OIO Singapore Pte Ltd will enhance the business of Moonstake and its partners in this rapidly growing market.Formerly the Head of Fintech in DBS Bank, Rudy was able to envision the need of striking modification in traditional banking...

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New FairPrice supermarket at Parkway Parade promotes and stocks more local produce

SINGAPORE - Local produce is getting a boost at a new FairPrice supermarket in Marine Parade, which will carry more goods from domestic makers. The new FairPrice Xtra hypermarket on the third floor of Parkway Parade will be the first here to have dedicated sections for local produce such as fish, eggs, vegetables and mushrooms, and is aimed at promoting local brands and products. More than 600 local products can be found here, compared with supermarkets of the same size which typically carry fewer than 500 local products. Second Minister for Trade and Industry Tan See Leng, who was the guest of honour at the store's official opening on Friday (Jan 22), called on residents to support local products, which he described as vital in strengthening Singapore's food supply and resilience. Singapore aims to produce 30 per cent of the country's nutritional needs locally by 2030, an increase from the current figure of less than 10 per cent. Dr Tan, who is also the Second Minister for Manpower, said local food supply will help Singapore to mitigate external shocks, such as by forming a buffer during a food supply crisis. It is also important to generate demand for local produce when working t...

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Couple fined $7,000 for trespassing on state land next to Seletar house for nearly 15 years

SINGAPORE - For close to 15 years, an architect and his wife unlawfully occupied 144.2 sq m of state land next to their three-storey house in Jalan Tari Zapin in Seletar, which was built in 2005 but had been left vacant since. The main gate, entrance driveway, two boundary walls and a fence of the house effectively annexed the parcel of state land - which was larger than a five-room Housing Board flat - as part of the couple's property. Part of the swimming pool also jutted out onto the enclosed land. The encroachments were discovered in 2013 when national water agency PUB implemented a drainage improvement project to alleviate flooding in the area. Following numerous requests and demands by the authorities, the offending structures were finally removed in December 2019. Tan Teck Siong and his wife Cheah Mee Poh - the first people to be prosecuted for trespassing on state land under the State Lands Encroachments Act - have been respectively fined $4,000 and $3,000 for their offences. The offence carries a maximum fine of $5,000 or a jail term of up to six months, or both. Tan was fined another $5,000 under the Building Control Act for making false declarations in December 2005 that...