Hiring Trends In Hong Kong
TAKEAWAYS The latest Robert Half 2024 Salary Guide shows that the Hong Kong market is shifting, and the primary motivation for candidates is now progression opportunities and work-life balance, rather than purely increased salaries. Companies are still hiring and expanding their teams, but the chronic skills shortage makes finding professionals a challenge. The featured data […]
Navigating Global Trends In AI Regulation
TAKEAWAYS The accelerating capabilities of generative artificial intelligence (GenAI), including large language models (LLM), as well as systems using real-time geolocation data, facial recognition and advanced cognitive processing, have pushed AI regulation to the top of policymakers’ inboxes. It isn’t simple. In Europe, for example, while some member countries wanted to liberalise the use of […]
Securing Singapore’s Revenue Base Amid New BEPS Environment
TAKEAWAYS If last year’s Budget was a Valentine’s Day present, Budget 2024 could perhaps be called a generous birthday gift, falling as it did on the auspicious seventh day of the Chinese New Year known as “Renri”, or every man’s birthday. On Friday, February 16, Deputy Prime Minister and Finance Minister Lawrence Wong laid out […]
Good Prospects For Accounting And Finance Professionals In Singapore
Salaries for fresh graduates in the Business course cluster, which includes accountancy, have been on an uptrend over the least three years, according to the latest Graduate Employment Survey (GES) 2023 for Singapore. When added to the fact that accountants are needed in companies in every sector of every industry, this news may enhance the […]
Individual Tax Filing: Getting It Right
TAKEAWAYS A company announced to its employees on 10 December 2022 of the decision to pay non-contractual bonus to those who remained in service till 31 December 2022. The payment was made on 5 February 2023. When should the company report such non-contractual bonus? “Non-contractual bonus is taxable based on the date on which the […]
Three Books To Inspire Change This International Women’s Day
How Women Rise: Break The 12 Habits Holding You Back From Your Next Raise, Promotion, Or JobBy Sally Helgesen and Marshall Goldsmith If you have ever felt that you made good progress early in your career but have now started to stall, this is the book for you. Women tend to replicate the behaviours and […]
Speak Up, Be Counted: Your Voice Matters
TAKEAWAYS Every year, International Women’s Day (IWD) themes reflect our collective strides and stumbles in the march towards gender equality. They are beacons that guide us and direct our way forward – each a milestone in our shared journey. Recent themes include “DigitALL: Innovation And Technology For Gender Equality” (2023), “Break The Bias” (2022), and […]
DEI Has Some Way To Go
The discontent among workers were emerging even before the pandemic wreaked havoc across the world, except that COVID-19 made things worse – but also better. The pandemic made remote working and flexi-work part of normal business practice, raised awareness of the importance of work-life balance, burnout and mental wellbeing, and heightened the discussion on diversity, […]
Upgrading And Upskilling Remain Key For Employability
Advance estimates from the Ministry of Manpower (MOM) showed that the labour market continued to expand in the last quarter of 2023. Unemployment rates remained stable, while retrenchments eased. More information will be available in the Labour Market Report Fourth Quarter 2023, due for release in mid-March 2024. Based on the preliminary data released on […]
ISCA Strengthens Ties With Key Stakeholders In Indonesia Through MOUs
In 2023, ISCA expanded globally by establishing 12 overseas chapters in 10 countries, laying the groundwork for internationalisation. This year, the focus is on strengthening ties with key stakeholders through collaboration. ISCA President Teo Ser Luck and CEO Fann Kor flew the flag for Singapore as they embarked on the Institute’s first overseas trip this […]
