Category Archive For "News"
Singapore’s Budget 2020 faces global uncertainty head-on
On February 18th, Heng Swee Keat, Singapore’s Deputy Prime Minister and Minister for Finance, delivered the Singapore Budget 2020. This year’s budget plan, titled “Advancing as One Singapore”, comes at a trying time for the city with a slowing economy caused by the COVID-19 virus. Budget 2020 focuses on strategic ways to meet current challenges …
GDPR and Employee Benefits explained in our newly released Guide!
The European Union’s GDPR rules came into effect in May 2018 and dramatically changed the way companies in and outside of the EU handle personal data of EU citizens. What should Human Resources departments in Singapore know when it comes to GDPR compliance? In Employee Benefits sphere, too, there are certain GDPR compliance risks and …
How health technology will shape 2019?
When it comes to technology advancement, Singapore is definitely one of the cities that lead the way and set trends for other nations to follow, for example with their Smart Nation Initiative, a single electronic health record (EHR). The use of connected care technologies and mobile health programs are getting more prominent in this digitally …
How Singapore’s Budget 2019 shapes the future of the city
On Monday, 18th of February 2019, Singapore Finance Minister Mr. Heng Swee Keat delivered the Singapore Budget 2019. This year’s budget outlines a strategic plan to build a strong, united Singapore, by focusing on five areas: Keeping Singapore safe and secure Continuing to transform and develop a vibrant economy Creating a caring and inclusive …
Pacific Prime Singapore announces 2018 Scholarship winner
Pacific Prime Singapore is pleased to announce the winner of their 2018 Scholarship Program. Germanda Teo, a third year student studying Human Resource Management at the Singapore University of Social Sciences, received the scholarship prize – a USD 1,000 grant to go towards her education expenses. Germanda’s eloquent and informative view on this year’s essay …
Introducing our 2018 Cost of International Health Insurance Report
In our newly released, complimentary 2018 Cost of International Health Insurance Report, you will find the answers to the questions that many of you ask when searching for health insurance, or while renewing your current plans, such as: What is the actual cost of health insurance? Where do these insurance companies take the numbers from, …
Pacific Prime Singapore announces privacy policy update
By now, you have no doubt encountered myriad messages in your email inbox about companies updating their privacy policy. If you’ve been adventurous enough to read the text of these messages, you have found out that the reason your inbox is stuffed full with these messages is the European Union’s new data privacy law: the …
Pacific Prime releases new health insurance inflation report
Healthcare is highly affordable for a majority of people in Singapore. The Lion City’s superb public healthcare system, and the excellent management of it by the Ministry of Health and local government, allows Singaporean natives and those with PR status to receive high-quality, subsidized healthcare. Costs are then covered by funds from working people’s Medisave …
New rules for Integrated Shield Plans
Healthcare systems can be fickle things. There is a balancing act that has to be done in order to maintain a sustainable system. Without proper guidance within a place’s healthcare system, medical costs can soar, quality of care can suffer, and patients can either be lost in bureaucracy or priced out of receiving care. What’s …
Singapore Budget 2018: Bonuses for adults, wage increase co-funding, and more
A few days ago, Finance Minister Mr Heng Swee Keat delivered the Singapore Budget 2018. Against the backdrop of a shift in global economic weight towards Asia, the emergence of new technologies, and population aging, Budget 2018 sets out to support a: Vibrant and innovative economy Smart, green and liveable city Caring and cohesive society …
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