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4D/Toto/Score
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Govt accepts NWC's revised wage guidelines for 2001-2002
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The
Government has accepted the NWC’s revised wage guidelines
for 2001-2002.
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Since
the NWC met in April and May this year, the global economic
environment has deteriorated drastically. Growth in most
major economies and Asian economies fell. Singapore’s
economy has also entered a recession as a result of the
sharp drop in external demand.
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MTI has therefore revised Singapore’s GDP growth forecast
for 2001 downwards from 3.5% - 5.5% to negative 3%. The
economic outlook remains poor. MTI has estimated a GDP
growth of –2% to +2% in 2002.
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The
labour market has weakened significantly. Total employment
in the third quarter of this year fell by 12,500, while the
average unemployment rate rose to 3.8%. Jobs have become
scarce. For every 100 job seekers, the number of job
vacancies was 32 in September 2001 compared to 61 in June
2001.
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For
the first 9 months of this year, more than 17,000 workers
were retrenched. For the whole of 2001, total number of
retrenched workers is expected to reach 25,000.
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More.....
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Tom
Cruise and co-star Penelope Cruz, together with
director Cameron Crowe, arrived in Singapore at
Seletar Airport at 3am yesterday morning. They will
promote their new movie, Vanilla Sky, today (18 Dec
2001) at Shaw's Lido cineplex at 6pm. |
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NEW WEBSITES
lovebyte.org.sg
is local Social Development Unit's (SDU) website for singles in
search of love. Launched on 3 Dec 2001. Features interactive
webchats for members.
4yah.topcities.com
This site is maintained by a retired senior citizen. It provides
information on how to grow old gracefully, actively, positively,
healthily and happily
silat.org.sg
Information and news about the silat world; welcomes you to be a
part of them.
hobbilobbi.com
Home for designed and hand-stitched Teddy Bear.
aberdeenconsulting.com
Professional services include accounting, bookkeeping, corporate
secretarial, incorporation, payroll, taxation and financial
management in Singapore.
propertysg.com
Expatriates relocations services and easy to use property search
engine for landlords, tenants, buyers, sellers or realtors.
Click New Websites for the rest of the
list.
Please sign our guestbook... Thank you.
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BANKmates: Get a Personal Assistant to do your errands in
Singapore.
We are now 3380 pages thick and growing.
Public
Holidays CHRISTMAS
DAY is
the next public holiday. It falls on 25 Dec 2001.
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