Wages

Growth in US labour costs slows in Q3

The Employment Cost Index rose 0.8% in the last quarter,

The inflation rate used to calculate the headline real wage indicator includes fresh food prices but not rent costs and it tends to be higher than the core rate.

Japan’s October real wages fall for 10th month despite upbeat nominal pay

The country’s biggest union group Rengo, of which JCM is a member, is targeting at least a 5% increase in overall pay next year

This year's calendar has been full of government largesse, boosted not least by the SG60 celebrations.
THINKING ALOUD

After the leeway provided in 2025, will 2026 be the time to tighten belts?

Government goodies and low inflation helped to support spending power this year. Next year does not promise the same

Discussions around wage flexibility are already shaping how companies and employees adapt to changing business conditions in Singapore.

Why alternative pay cycles are turning into a financial necessity

On-demand pay helps workers meet routine and emergency expenses, without resorting to high-interest short-term debt

The increase in base pay is crucial to Japan’s stated goal of achieving sustainable wage growth exceeding the pace of inflation.

Japan manufacturers' union to target US$77 monthly base pay hike next year

Japan’s largest labour union group, Rengo, is seeking an overall increase in wages of at least 5% in 2026,

“We continue to attract top talent at HSBC and invest in our people,” HSBC said in a statement in response to a request for comment about the retention payments.

HSBC’s Swiss private bank boosts some bankers pay to stem exits

The Swiss arm has been increasing compensation of staff, including relationship managers

Capability building programmes and targeted supplier development initiatives could help ensure that Singapore captures the maximum economic value from EDB's strategic investments, the study says.

Companies supported by EDB yield annual spillovers of S$48.5 million each

The figure refers to net benefits that EDB-supported firms brought to other firms between 2012 and 2019