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Retrenchments in Singapore more than doubled in 2023 from the previous year to 14,320, even as the overall unemployment rate fell slightly. Total employment growth for the full year of 2023 slowed amid weaker economic conditions, following a sharp post-pandemic rebound in 2022.

So should we expect this trend to stay?

Rahul Chawla, Partner & Head of Human Capital Solutions, Southeast Asia, Aon shares his views. 

Retrenchments in Singapore more than doubled in 2023 from the previous year to 14,320, even as the overall unemployment rate fell slightly. Total employment growth for the full year of 2023 slowed amid weaker economic conditions, following a sharp post-pandemic rebound in 2022.
So should we expect this trend to stay?
Rahul Chawla, Partner &amp; Head of Human Capital Solutions, Southeast Asia, Aon shares his views.

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

A recap of the biggest news stories so you do not miss a thing, even while you were busy working.

A recap of the biggest news stories so you do not miss a thing, even while you were busy working.

The Weekly Wrap-Up

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

Weekly Wrap Up: Singapore's retrenchments more than double in 2023, will this trend stay?

In this digital age, financial influencers-commonly referred to as “finfluencers”- have gained significant traction. Instagram, YouTube, and TikTok have become popular hubs for many finfluencers to advise their followers on investment opportunities.

However, this emerging trend has raised concerns among regulators globally.

In Singapore, MAS board member Alvin Tan emphasised that there is a need for tighter oversight of financial influencers. Should ‘finfluencers’ really be licensed?

On The Big Story, Hongbin Jeong speaks with Gerald Wong, founder & CEO of Beansprout, a MAS- licensed platform helping consumers to make better financial decisions to find out more.

In this digital age, financial influencers-commonly referred to as “finfluencers”- have gained significant traction. Instagram, YouTube, and TikTok have become popular hubs for many finfluencers to advise their followers on investment opportunities.
However, this emerging trend has raised concerns among regulators globally.
In Singapore, MAS board member Alvin Tan emphasised that there is a need for tighter oversight of financial influencers. Should ‘finfluencers’ really be licensed?
On The Big Story, Hongbin Jeong speaks with Gerald Wong, founder &amp; CEO of Beansprout, a MAS- licensed platform helping consumers to make better financial decisions to find out more.

The Big Story: Should 'finfluencers' in Singapore be licensed and regulated?

Singapore stocks began trading in positive territory today after global equities ended mixed overnight.

In early trade, the Straits Times Index (STI) inched up 0.1 per cent to 3,748.25 points, after 54.6 million securities changed hands in the broader market.

In terms of companies to watch, we have Singtel, after the telecom group today announced changes to its senior management, to support new business priorities of its growth plan. 

Elsewhere, from more on how US prosecutors charged Indian tycoon Gautam Adani with helping to drive a US$250 million bribery scheme, to a breakdown of Nvidia’s latest earnings – more corporate headlines remain in focus. 

Also on deck – how US President-elect Donald Trump’s team is reportedly holding discussions with the digital asset industry on whether to create a new crypto-specific White House post. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

Singapore stocks began trading in positive territory today after global equities ended mixed overnight.
In early trade, the Straits Times Index (STI) inched up 0.1 per cent to 3,748.25 points, after 54.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Singtel, after the telecom group today announced changes to its senior management, to support new business priorities of its growth plan. 
Elsewhere, from more on how US prosecutors charged Indian tycoon Gautam Adani with helping to drive a US$250 million bribery scheme, to a breakdown of Nvidia’s latest earnings – more corporate headlines remain in focus. 
Also on deck – how US President-elect Donald Trump’s team is reportedly holding discussions with the digital asset industry on whether to create a new crypto-specific White House post. 
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

Market View: Adani Group's companies lose ~US$22B in market value on news of Gautam Adani’s alleged bribery scheme; Nvidia’s latest revenue beat; Bitcoin closes in on historic US$100,000 mark, Trump’s team reportedly mulling crypto-specific White House post and more 

Whiskey has become an increasingly popular investment for many. Over the last decade, the value of rare whiskies has shot up 582%.

In the world of whisky collecting, few stories are as captivating as that of Ong Cheng Kiat, a passionate collector whose journey began with a remarkable find: The Black Bowmore DB5 1964.  

But what about rare whiskys that make them good investments? And will 2025 be a stellar year for whisky investors?

On The Wealth Tracker, Hongbin Jeong speaks with Ong Cheng Kiat, Executive Chairman of Golden Hung Ho and Premium Whisky Collector to find out more.

Whiskey has become an increasingly popular investment for many. Over the last decade, the value of rare whiskies has shot up 582%. In the world of whisky collecting, few stories are as captivating as that of Ong Cheng Kiat, a passionate collector whose journey began with a remarkable find: The Black Bowmore DB5 1964.  
But what about rare whiskys that make them good investments? And will 2025 be a stellar year for whisky investors?
On The Wealth Tracker, Hongbin Jeong speaks with Ong Cheng Kiat, Executive Chairman of Golden Hung Ho and Premium Whisky Collector to find out more.

Weekly Wrap Up: Singapore's retrenchments more than double in 2023, will this trend stay?

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