Ministry of Manpower
The Ministry of Manpower is a ministry of the Government of Singapore which is responsible for the formulation and implementation of labour policies related to the workforce in Singapore.
See below for the Latest Ministry of Manpower News, Analysis, Profit Results, Share Price Information, and Commentary.
Workforce Singapore to launch Overseas Markets Immersion Programme
Workforce Singapore to launch Overseas Markets Immersion Programme
The programme will fund companies to build a globally oriented team.
Singapore raises retirement and reemployment ages
The first increase will happen in 2026.
Retrenchments soar to 14,320 in 2023
Business re-organisation or restructuring remained the top reason for retrenchments last year.
Gov’t to review Progressive Wage Credit Scheme
The scheme provides up to 75% support for wage increases given to eligible lower-wage workers.
Retrenchments rise to 4,110 in 3Q23
The Ministry of Manpower attributed the majority of the increase to the Wholesale Trade sector.
Real income, employment rate for residents dip in 2023: MOM
Median workers saw their real income drop by 2.3% YoY this year.
Closure of CPF accounts of foreigners will 'not pose liquidity issues' -- MOM
Approximately 300,000 non-residents will cease participation in the CPF schemes.
The majority of retrenchments come from wholesale trade
Retrenchments grew to 4,100 in the third quarter (Q3) of 2023.
Retrenchments rise to 4,100 in 3Q
Despite the increase, unemployment rates remained low at 2.0%.
MOM enhances measures to reduce heat stress risk for outside workers
Measures include monitoring of the Wet Bulb Globe Temperature for every hour of outdoor work performed.
Enterprise Singapore's Jeffrey Siow appointed as second permanent secretary of MOM
He will take on the position in January 2024.
MOM to improve standards of around 1,000 migrant worker dormitories
By 2030, each resident in a dormitory must have 3.6 sqm of living space.
Gov't to form committee to review SG's anti-money laundering regime
Second Minister for Finance, Indranee Rajah, will head the committee.
Workplace fatality rate declines in 1H23
Construction and manufacturing sectors are the biggest contributors to fatal and major injuries.
Man jailed and fined over illegally hiring an Immigration offender: MOM
It is an offence under the foreign employment law in Singapore.
Work pass for migrant domestic workers could cause rigidity in deployment: MOM
The Manpower ministry said there is available support for the workers.
Employment growth moderates in 2Q23
The contraction in residential employment drove the slowdown.
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