Helping workers, the rise of the gig economy and the water price hike were three of the six key themes that came out of the second day of Parliament's debate on the Budget statement.
Amid the current economic slowdown, helping affected workers was the top concern of some MPs, as was transforming businesses as well as the importance of maintaining fiscal prudence.
Some Members of Parliament voiced concerns about the lack of support for local businesses to tide through immediate challenges such as the rise in operating costs, but there are others who stressed on the need to avoid “short-term painkillers” and “adopt alternative long-term solutions”.
Dutch coffee maker Jacobs Douwe Egberts announced that it wants to acquire all the issued shares of the Singapore food and beverage firm.
Start-ups are eyeing a slice of Singapore’s education sector with apps that offer automated homework assistance and the use of data analytics to help students get into their dream colleges.
Under the new Tech Start for Law programme launched on Monday (Feb 27), law firms which buy certain technology-related products will get 70 per cent of the costs covered in the first year.
The Singapore dollar was last seen around 3.1643 against the Malaysian ringgit, slightly pulling back from an intra-day high of 3.1687 earlier in the day. Against the US dollar, the local currency rose to a three-month peak at one point on Friday (Feb 24).
The growth was boosted by the precision engineering cluster, which grew 24 per cent year-on-year last month, EDB says.
The airport handled 5.26 million passengers last month, and this was boosted by air travel demand to and from Southeast Asia, Northeast Asia and South Asia, says CAG.
Contact Singapore, whose function includes engaging overseas Singaporeans and global talent to work in Singapore, said its job portal will be discontinued with effect from Mar 1 this year.