Singapore sees record low retrenchments and continued total employment growth in the first quarter of 2022 as economic recovery drives hiring demand. In SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke to Tay Hong Yi, Journalist, The Straits Times to find out more about the Ministry of Manpower's preliminary labour market report released on Thursday (Apr 28)

Singapore sees record low retrenchments and continued total employment growth in the first quarter of 2022 as economic recovery drives hiring demand. In SGExtra, Prime Time's Timothy Go and Bharati Jagdish spoke to Tay Hong Yi, Journalist, The Straits Times to find out more about the Ministry of Manpower's preliminary labour market report released on Thursday (Apr 28)

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Retrenchments hit 24-year record low in Q1 amid tight labour market

The removal of a retirement age in Singapore does not mandate lifelong work but instead empowers individuals to remain economically active for as long as they wish.

Studies have shown that many older Singaporeans value the opportunity to work during their later years, as it supports independence and self-sufficiency.

This flexibility is becoming increasingly important given Singapore's low birth rates and ageing population, which are poised to make the employment of mature workers a critical social issue.

However, the issue of retirement age remains a topic of debate.

Should it continue to serve as a structured framework to balance workforce stability and generational equity? Or should we eliminate it altogether?

On The Hot Seat, Hongbin Jeong speaks to Terence Ho, Associate Professor in Practice at the Lee Kuan Yew School of Public Policy, National University of Singapore and Ruiming He, Co-Founder, The Woke Salary Man, to find out whether it should remain or not.

The removal of a retirement age in Singapore does not mandate lifelong work but instead empowers individuals to remain economically active for as long as they wish.
Studies have shown that many older Singaporeans value the opportunity to work during their later years, as it supports independence and self-sufficiency.
This flexibility is becoming increasingly important given Singapore's low birth rates and ageing population, which are poised to make the employment of mature workers a critical social issue.
However, the issue of retirement age remains a topic of debate.
Should it continue to serve as a structured framework to balance workforce stability and generational equity? Or should we eliminate it altogether?
On The Hot Seat, Hongbin Jeong speaks to Terence Ho, Associate Professor in Practice at the Lee Kuan Yew School of Public Policy, National University of Singapore and Ruiming He, Co-Founder, The Woke Salary Man, to find out whether it should remain or not.

The Hot Seat: Should the retirement age in Singapore be removed?

There’s been a shift in allocations impacting on luxury asset value, according to the Knight Frank’s Wealth Report 2024.

The Knight Frank Luxury Investment Index fell 1% over the year, pulled down by falling values in rare whisky, classic cars, handbags and furniture. Meanwhile, art, jewellery and watches helped offset some of these falls.

But does this reveal a need for an ever more discerning approach from investors? Where should you store your wealth in 2024?

On Wealth Tracker, Hongbin speaks to Liam Bailey, Global Head of Research at Knight Frank for a look into luxury investment markets.

There’s been a shift in allocations impacting on luxury asset value, according to the Knight Frank’s Wealth Report 2024.
The Knight Frank Luxury Investment Index fell 1% over the year, pulled down by falling values in rare whisky, classic cars, handbags and furniture. Meanwhile, art, jewellery and watches helped offset some of these falls.
But does this reveal a need for an ever more discerning approach from investors? Where should you store your wealth in 2024?
On Wealth Tracker, Hongbin speaks to Liam Bailey, Global Head of Research at Knight Frank for a look into luxury investment markets.

Wealth Tracker: Is it all doom and gloom for luxury investment markets?

Singapore stocks were trading in negative territory today, following continued worries regarding US president-elect Donald Trump’s tariff threats.

In early trade, the Straits Times Index (STI) declined 0.4 per cent to 3,721.78 points after 27.3 million securities changed hands in the broader market.

In terms of companies to watch today, we have IHH Healthcare, after the private healthcare group said yesterday that net profit for its third quarter ended September was RM534 million (S$161.5 million), almost flat from RM532 million the year before. 

Elsewhere, from more on Tokyo’s latest inflation numbers to how Chinese carmakers’ push into the European electric vehicle (EV) market continued to meet resistance – more corporate and international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.

Singapore stocks were trading in negative territory today, following continued worries regarding US president-elect Donald Trump’s tariff threats.
In early trade, the Straits Times Index (STI) declined 0.4 per cent to 3,721.78 points after 27.3 million securities changed hands in the broader market.
In terms of companies to watch today, we have IHH Healthcare, after the private healthcare group said yesterday that net profit for its third quarter ended September was RM534 million (S$161.5 million), almost flat from RM532 million the year before. 
Elsewhere, from more on Tokyo’s latest inflation numbers to how Chinese carmakers’ push into the European electric vehicle (EV) market continued to meet resistance – more corporate and international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.

Market View: Tokyo consumer prices up 2.6% in Nov, implications for BOJ; HSBC reportedly pulling back from credit card business in China; Chinese EV makers face resistance in European EV market; IHH Healthcare’s Q3 net profit; Nam Cheong hot stock of the day; Digital Core Reit clarifies on Frankfurt data centre stake acquisition

Retrenchments hit 24-year record low in Q1 amid tight labour market

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