Category Archive For "News"
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New Financial and Retirement Planning Campaign Launches in Singapore
Singapore has recently launched the 2024 campaign, aimed at empowering individuals to take charge of their financial futures. The initiative offers accessible and actionable tips on saving, budgeting, healthcare costs, and retirement planning to Singaporeans. On October 1, 2024, Singapore’s Central Provident Fund (CPF) Board and MoneySense launched the 2024 joint retirement planning campaign, a …
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Is Amazon’s Back-to-office Policy the First of Many to Come?
Amazon, one of the world’s largest tech firms, has announced their decision to end their hybrid work policy in favor of returning to the office five days a week. This decision raises questions as to whether this will be the first of many tech industries abandoning flexible and hybrid schemes. This move sparks several controversies …
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Singapore Drivers Face Uncertainty as Malaysia VEP Deadline Approaches
As Malaysia’s Vehicle Entry Permit (VEP) enforcement deadline of October 1st, 2024, approaches, many Singapore drivers are facing growing uncertainty. The VEP is a mandatory permit for foreign-registered vehicles entering Malaysia via land routes, and failing to comply could result in penalties of up to RM2,000 or even six months in jail. With significant delays …
Key Highlights of Singapore National Day Rally 2024
The National Day Rally (NDR) is a significant event in Singapore’s political calendar, where the Prime Minister outlines the government’s vision for the future and announces key policy initiatives. In 2024, Prime Minister Lawrence Wong delivered his first rally, highlighting a range of initiatives that will further enhance the competitiveness and attractiveness of Singapore on …
in Expat Insurance, News
New Application Requirements for Professional Visit Pass of Malaysia
To streamline the process of applying for the Professional Visit Pass (PVP), the Malaysian Immigration Department’s Expatriate Services Division (ESD) has reduced the number of general documents required from 13 to 6, effective August 16, 2024. In this Pacific Prime CXA post, we’ll explore the details of these new requirements and how they impact foreign …
in Expat Insurance, Health, Insurance, News
How to Beat the Heat Wave in Singapore: Indoor & Outdoor Tips
The key to beating the heat wave in Singapore is to avoid the midday sun, use sunscreen and facial wipes, and stay hydrated throughout the day whilst you are outdoors. If you are indoors, avoid the sunlight while working, use cooling bedsheets and a portable fan or air conditioner, and jump in for a cool …
Wide Variation in Integrated Shield Plan Lifetime Premiums Revealed by MOH Comparison
Singapore’s Ministry of Health (MOH) has released data showing significant variations in lifetime premiums for Integrated Shield Plans (IPs) offered by different insurers, where two individuals of the same age could end up paying more than SGD $85,000 difference in premiums over their lifetimes. Moreover, the premiums can vary considerably even for plans within the …
Singapore to Embrace Flexible Work Arrangement
Singapore is about to shift to the era of flexible work, following the expected launch of flexible work arrangement (FWA) guidelines on the 1st of December 2024. This makes asking for FWA more feasible for those who consider flexibility the main concern in the workplace. The mandatory guidelines devised by the Tripartite Workgroup (TWP), embodied …
in News
Singapore Targets High Earners with the Latest Elite Work VISA
The government of Singapore is all set to start giving out the new Overseas Networks & Expertise (ONE) Pass from January 2023 with an aim to attract top talent from across the world and end the talent crunch. The new pass will allow workers with fixed monthly salaries of SGD $30,000 (USD $ 21,878.25) to …
in News
Singapore is The Third-Best Country to Build Multi-Generational Wealth
According to a global ranking of the best countries for families to relocate in hopes of seeking opportunities for future generations, Singapore emerged in third place behind Switzerland and the United States as first and second place, respectively. The ranking is based on numerous factors, such as education, career development, income potential, employment prospects, economic …
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