Firms restoring wages amid Singapore’s economy recovery: Experts

SINGAPORE- Companies are restoring the wages of workers as the economy gradually recovers, experts said on Tuesday (March 2), after a report by DBS Bank found that the financial health of Singaporeans improved in the second half of last year. The report revealed that the share of customers who experienced a significant fall in income from pre-pandemic levels fell to 19 per cent last December, a decrease from 26 per cent last May. 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.