Elysia Tan
JOURNALIST
Elysia Tan is a reporter with The Business Times. She covers macroeconomic and SME news and is a graduate of the Nanyang Technological University’s Wee Kim Wee School of Communication and Information.
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F&B industry mulls higher menu prices, offshoring and closures with wages set to rise
Companies may get co-funding support under a government scheme, but not all businesses will qualify
Singapore’s Feb key exports growth slows to 4%; electronics surge eases, non-electronics slide
The Middle East conflict will pose a significant headwind, economists say; Maybank trims its GDP forecast
Base salary under food services Progressive Wage Model to rise to S$2,220 from Jul 1
This baseline monthly gross wage requirement for workers in the sector will be raised again in 2027 and 2028
Costs running up for Singapore businesses as Gulf conflict jacks up energy prices
Already hit by rising fuel costs, anticipated electricity price hikes could worsen the blow
Singdollar appreciated at average rate of 1.3% against ringgit over 2020 to 2025: Alvin Tan
Measures to support local businesses, given the impending RTS Link, will be announced later
Unclear if US tariffs on Singapore will rise from 10% to 15%: Gan Siow Huang
America has yet to issue an official directive on the increase, she says
Budget 2026: S$3.6 billion in PWCS funding helped 110,000 employers give wage increases from 2022 to 2024
The median monthly raise supported by the scheme was about S$250, across more than 710,000 workers
Budget 2026: Merged statutory board Workforce and Skills Singapore to be formed in Q3
The merger recognises that the operating context has changed significantly since 2016, when SSG and WSG were formed
Budget 2026: New one-north park Kampong AI to be completed in 2028
A pilot phase will launch this month, with companies set to use existing workplaces in LaunchPad @ one-north
Budget 2026: Phase One of Greater Sentosa Master Plan commences with infrastructure upgrades
As for Orchard Road’s refresh, the government will launch a tender to transform 37 Emerald Hill, where the Singapore Chinese Girls’ School...
