Fisher Phillips (JD Supra Singapore)
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Employment Termination during the COVID-19 Crisis – Singapore
As the lockdown measures adopted by governments around the world begin to take a toll on companies’ revenues, some employers are exploring their options to terminate employees. Singapore is one of the most employer-friendly jurisdictions in Asia, but employers should still be mindful of various issues when terminating employees there.
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FAQs for Companies with Employees or Interests in Singapore
Singapore, like many other countries, is amending its laws and regulations in light of the world-wide coronavirus pandemic. Here are answers to some common questions affecting employers with operations or interests in Singapore. Please note that the situation changes daily if not hourly, so make sure to always check the latest information published by the government.
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Singapore Keeps Older Employees Working
Singapore is sitting on a demographic time bomb. According to UN projections, nearly half (47%) of the country’s population will be 65 years or older by 2050 and the median age is expected to grow from 40 years old in 2015 to 52.8 years old by 2050. Singapore’s aging workforce, coupled with the ultra-low birth rate of 1.2 child per woman, means that an increasing number of employers now need to...
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How To Establish A Spectacular Global Workforce in Singapore
Year after year, Singapore is one of the most prime and thriving economy’s in Greater Asia. Given its centrally situated geographic location, Singapore possesses a competitive economy for investments, as well as numerous business opportunities for a vast variety of service industries.