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Newpaper24 - Global online News around the World singapore-port-containers-economy---708016 Singapore's exports bounce 13% year-on-year in January - NEWPAPER24  Newpaper24 - Global online News around the World singapore-port-containers-economy---708016 Singapore's exports bounce 13% year-on-year in January - NEWPAPER24

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Singapore’s exports bounce 13% year-on-year in January – NEWPAPER24

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Singapore’s exports bounce 13% year-on-year in January

2018-02-15 00:55:53

SINGAPORE: Non-oil home exports (NODX) in Singapore rose by 13 per cent year-on-year in January, in line with statistics launched by commerce company Worldwide Enterprise (IE) Singapore on Thursday (Feb 15).

This was higher than the 9.zero per cent improve predicted by economists in a Newpaper24 ballot.

The progress, which follows a three.1 per cent improve in December final yr, was as a result of improve in non-electronic exports, as electronics declined.

On a month-on-month seasonally adjusted foundation, exports decreased by zero.three per cent in January this yr following the earlier month’s 1.9 per cent decline. This was as a result of lower in digital exports which outweighed the expansion in non-electronic exports, stated IE Singapore.

Digital shipments declined for a second month, reducing by three.9 per cent in January following the 5.three per cent decline final December. 

The decline was largely attributable to ICs, components of PCs and disk drives, which declined by 10 per cent, 31.four per cent and 39.four per cent respectively and which contributed probably the most to the lower in digital exports, stated IE Singapore.

Non-electronic shipments rose 20.7 per cent year-on-year in January, following a 6.eight per cent improve the earlier month and marking the eight straight month of progress.

January’s improve was largely attributable to non-electric engines and motors, meals preparations and measuring devices, which grew by 383.6 per cent, 100 per cent and 43.2 per cent respectively.

Exports to Singapore’s high 10 markets grew as a complete year-on-year in January, though shipments to Taiwan and Thailand declined. Development was led by america, EU 28 and Japan.

Non-oil re-exports (NORX) grew by four.9 per cent in January as a result of larger cargo of each digital and non-electronic re-exports, after a 7 per cent decline the earlier month.



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What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers – NEWPAPER24

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Newpaper24 - Global online News around the World c93c41e0-1556-11e8-ace5-29063da208e4_image_hires_203320 What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers - NEWPAPER24

What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers

2018-02-19 11:08:17


Kung hei fats choi and welcome to the 12 months of the Canine. Lunar New 12 months is taken into account to be crucial pageant in Chinese language tradition, as it’s all about household unity as relations from across the globe collect collectively to usher within the new 12 months.

Some individuals who haven’t grown up celebrating Lunar New 12 months might imagine it’s akin to Christmas within the West due to its ethos of household unity, however they couldn’t be extra unsuitable.

The Christmas spirit just isn’t merely about household time but in addition giving to these past our speedy circle and lending a serving to hand to these most in want. However Lunar New 12 months is generally about spending time solely with one’s household. In different phrases, it embraces extra a spirit of “receiving” than “giving”.

Newpaper24 - Global online News around the World  What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers - NEWPAPER24

I typically hear tales about native Chinese language households making their international home helpers work in the course of the festive interval with out a lot as a vacation bonus – not to mention a good fee – though they’re entitled to 3 days of statutory holidays.

Residing other than employer is the one manner this maid can really unwind from the stresses of labor

An Indonesian helper in my neighbourhood instructed me her employer allowed her solely at some point off this Lunar New 12 months and compensated her HK$280 (US$36) for the 2 relaxation days that she labored. Her employer’s logic was that because the Lunar New 12 months was not her nationwide vacation, she would possibly as nicely have labored as an alternative of doing nothing. For a similar purpose, she was additionally made to work over Christmas as she is a Muslim and never one for Yuletide celebrations.

She instructed me typically she doesn’t even obtain an everyday time off in the course of the week as a result of she is usually “wanted” as her employer and his partner each should work; the couple work at authorities hospitals and do weekend shifts typically.

Newpaper24 - Global online News around the World  What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers - NEWPAPER24

The underside line is that she solely will get her time off each time her boss sees match, which principally means at a time that’s higher suited to her employer. And to be trustworthy, it’s a bit imply to compensate her with simply HK$140 per day as an alternative of dividing up her month-to-month wage of HK$four,410 by the variety of work days within the month. Which means she ought to have been paid HK$210 per day in February as a result of there are solely 21 work days.

It’s commonplace for a lot of Hong Kong employers to deal with their helpers like slaves and the story of this maid is only a drop within the ocean. Lately, a Excessive Court docket ruling to take care of the live-in rule for international home staff was authorized, which additional bolstered this appalling angle.

Hong Kong’s home staff Share tales of ill-treatment, poor residing circumstances and rights abuses

The live-in rule has lengthy been seen as an enabler of abuse as a result of helpers are confined to (typically small) quarters. Moreover, helpers who’re unfortunate sufficient to stay beneath the identical roof as an abusive employer haven’t any technique of escape. Even for individuals who have first rate employers, it appears unfair to not permit them to unwind in their very own private area and away from their place of business. In any case, we don’t end the working day and sleep in our workplaces, will we?

Newpaper24 - Global online News around the World  What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers - NEWPAPER24

On the entire, it’s abhorrent that our society as a complete offers these employers carte blanche to deal with these beneath their make use of in no matter manner they please with out even a measure of reprimand or correct punishment.

As my colleague Yonden Lhatoo raised in his column this week, are we telling these helpers to go away town in the event that they discover working and residing with their employers insufferable?

Simply think about, if you happen to discover your organization maltreating you and different workers and wish modifications to enhance the circumstances and are then instructed that if you happen to don’t prefer it simply depart, how would that go down?

Newpaper24 - Global online News around the World  What occurred to the Hong Kong spirit? Don’t ask our mistreated home helpers - NEWPAPER24

I’m positive if you happen to labored for a correct company, you wouldn’t go down with out a struggle and if you happen to raised the problem in public that would definitely draw fairly just a few headlines within the media and robust reactions throughout.

Sadly, this type of social injustice is one thing many people appear to have grow to be used to, considering it’s regular. However is it? Is it regular to power these 370,000 helpers to stay with the households who rent them? Is it proper to power them to stay with households who don’t typically deal with them like a member of the household?

Why international home helpers in Hong Kong should stay of their employers’ dwelling

What’s disturbing is that the older technology of Hongkongers used to embrace the spirit of neighborhood affinity and camaraderie. They believed in working exhausting to get out of poverty and all the time discovered time to assist others in want. They believed in working exhausting to create a greater life for his or her households and most significantly they believed in honour.

What occurred to all these virtues on this technology of Hongkongers? Are we not seeing the identical spirit in our most valued members of society – international home helpers who’re doing precisely the identical, serving to their households again dwelling to get out of poverty by toiling for lengthy hours, with out a correct break and a correct residing area?

Simply because that is the norm on this metropolis doesn’t imply that it should stay so.

Luisa Tam is a senior editor on the Publish



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China’s rising problem to US raises threat of South China Sea battle, Philippines warns – NEWPAPER24

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Newpaper24 - Global online News around the World c99e7612-1579-11e8-ace5-29063da208e4_image_hires_215359 China’s rising problem to US raises threat of South China Sea battle, Philippines warns - NEWPAPER24

China’s rising problem to US raises threat of South China Sea battle, Philippines warns

2018-02-19 14:32:00


The chance of “miscalculation” and armed battle within the South China Sea is rising as China begins to problem US dominance within the disputed waters, in response to the Philippines’ envoy to Beijing.

The evaluation comes as Beijing seems to have expanded its communications hyperlinks and different amenities on synthetic islands within the space.

At a discussion board in Manila on Monday, ambassador Chito Sta. Romana mentioned the steadiness of energy within the area was shifting as the 2 international powers vied for management of the waters.

He added that the Philippines mustn’t turn out to be entangled within the tense maritime rivalry.

Aerial images ‘level to new Chinese language indicators hub’ within the coronary heart of the South China Sea

“Whereas earlier than the South China Sea was dominated by the US seventh Fleet, now the Chinese language navy is beginning to problem the dominance,” Sta. Romana mentioned. “I feel we’ll see a shift within the steadiness of energy.”

However he additionally mentioned the South China Sea had not turn out to be “a Chinese language lake”.

“Take a look at the US plane service, it’s nonetheless going by the South China Sea,” he added, referring to the usCarl Vinson, which has patrolled the disputed waters and is on a go to to the Philippines.

He in contrast the 2 powers to elephants preventing and trampling on the grass, saying: “What we don’t need is for us to be the grass.”

Newpaper24 - Global online News around the World  China’s rising problem to US raises threat of South China Sea battle, Philippines warns - NEWPAPER24

The Carl Vinson, with a fleet of about 40 fighter jets and roughly 5,000 American sailors, arrived in Manila this week in a show of American presence within the Philippines.

The US can be poised to ship an plane service to Vietnam in March, the primary time in additional than 4 a long time.

However the presence of the warship wouldn’t change China’s established benefit within the area, in response to Xu Liping, a researcher on Asian-Pacific research on the Chinese language Academy of Social Sciences.

“The plane carriers’ visits are solely symbolic – to point out that America nonetheless has a navy presence within the area and that it’s nonetheless a hegemon,” Xu mentioned.

“However with the navy building programme on the three main islands within the South China Sea, China has constructed an efficient community of intelligence gathering and defence talents.”

Philippines seethes over Chinese language build-up in South China Sea

In a US congressional listening to final week, Admiral Harry Harris, head of the US Pacific Command, mentioned Beijing had unilaterally constructed seven new navy bases within the South China Sea, with new amenities together with “plane hangers, barracks amenities, radar amenities, weapon emplacements [and] 10,000-foot runways”.

US suppose tank CSIS Asia Maritime Transparency Initiative additionally mentioned final week that the northeastern nook of Fiery Cross Reef, referred to as Yongshu Reef in China, had been geared up with a communications or sensor array greater than these discovered on different synthetic islands within the Spratlys chain. It mentioned the ability might probably function a indicators intelligence or communications hub for Chinese language forces within the space.

Aaron Rabena, programme convenor on the Manila-based Asia-Pacific Pathways to Progress Basis, described China’s reclamation actions within the South China Sea as a “actual game-changer” that challenged the US’ prior dominance within the area.

China’s South China Sea islands received’t cease lawful patrols, US Navy says

“Strategic benefit and steadiness of energy attracts from each geography and functionality – China now has each within the South China Sea,” he mentioned.

And, as a defence treaty ally of the US and a smaller regional participant, Manila may very well be caught within the crossfire.

“An armed battle within the South China Sea might imply a full-blown nice energy struggle between Beijing and Washington,” Rabena mentioned. “The Philippines would possibly get entangled and be drawn right into a battle.”

Extra reporting by Sarah Zheng and Related Press



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Funds 2018: Singaporeans to get ‘hongbao’ SG Bonus of as much as S$300 following 2017 Funds surplus – NEWPAPER24

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Newpaper24 - Global online News around the World hsk-budget-ss-5 Funds 2018: Singaporeans to get 'hongbao' SG Bonus of as much as S$300 following 2017 Funds surplus - NEWPAPER24

Funds 2018: Singaporeans to get ‘hongbao’ SG Bonus of as much as S$300 following 2017 Funds surplus

2018-02-19 13:43:37

SINGAPORE: All Singaporeans aged 21 and above this 12 months will get a one-off SG Bonus of as much as S$300 every because the Funds for 2017 got here in with a surplus of virtually S$10 billion. 

Finance Minister Heng Swee Keat shared this throughout his Funds speech in Parliament on Monday (Feb 19), saying that this “displays the Authorities’s long-standing dedication to Share the fruits of Singapore’s improvement with Singaporeans”. He described the Bonus as a “hongbao”. 

It will likely be paid in keeping with folks’s assessable revenue. About 2.7 million folks will get the payouts, that are due on the finish of 2018. 

These with an annual revenue of S$28,000 or beneath will probably be eligible for a payout of S$300, these whose revenue is S$28,001-S$100,000 will obtain S$200, and folks whose revenue is in extra of S$100,000 will obtain S$100. 

This SG Bonus will value the Authorities S$700 million. 

It will likely be the primary time since 2011 that the Authorities is handing out money bonuses to Singaporeans. 

In 2011, which was additionally an election 12 months, 2.5 million Singaporeans aged 21 and above have been given “progress dividends” of between S$100 and S$800, which value the Authorities S$1.5 billion. Previous to that, the Authorities gave out dividends of between S$100 and S$400 in 2008.

Singapore’s revised Funds place for FY2017 confirmed a surplus of S$9.61 billion, helped by distinctive contributions from Statutory Boards and higher-than-expected Stamp Obligation. 

The excess may also be utilized in different methods. 

Mr Heng mentioned that S$5 billion will probably be put aside for the Rail Infrastructure Fund, to avoid wasting up for the brand new rail strains that Singapore is constructing. 

Moreover, S$2 billion will probably be put aside for premium subsidies and different types of help when the ElderShield evaluate is full.



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