Daily Debrief: What Happened Today
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National Wages Council proposes 5.5% to 7.5% pay hike for lower-wage workers
EMPLOYERS should give their lower-wage workers a built-in wage increase of 5.5 per cent to 7.5 per cent, or at least S$85 to S$105, whichever is higher, the National Wages Council (NWC) said in its 2023/2024 wage guidelines on Tuesday (Oct 31).
MAS trials single QR code to rule them all
THE Monetary Authority of Singapore will be trialling a new solution that is expected to improve the interoperability of the current Singapore Quick Response Code Scheme (SGQR), it said on Tuesday (Oct 31).
Singapore manufacturing, services business outlook slightly more optimistic for next 6 months
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SINGAPORE’S manufacturers and services firms are slightly more positive about business conditions in the next six months, separate quarterly surveys showed on Tuesday (Oct 31).
HDB’s deficit for FY2022 widens to record S$5.4 billion
THE Housing and Development Board (HDB) reported a net deficit of S$5.4 billion for its financial year 2022, breaking the S$4.4 billion record set in FY2021.
STI rises 0.1 per cent on Tuesday amid mixed regional trading
SINGAPORE stocks closed higher on Tuesday (Oct 31) amid mixed trading in regional markets.
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