SkillsFuture: Who Is Identifying The Skills And Jobs Of Singapore’s Future?

SkillsFuture: Singapore is undergoing a whirlwind of changes and stresses: lower demand for goods and services cyclical unemployment structural unemployment technological disruption and the sharing economy tighter foreign manpower policy maxed out Labour Force Participation Rate low total fertility rate exit of baby boomers from workforce debt scramble of US$12bn Is there a way to […]

The TL;DR Guide to National Day Rally 2016

If you didn’t have time to catch the National Day Rally 2016, here is our TL;DR version of the English speech by Prime Minister Lee Hsien Loong, who had to take a short break in between but came back to finish his speech like a true champ! 1. Don’t be scared of Uber, Pokemon Go […]

What’s your excuse?

I stumbled upon this picture taken by a friend on Facebook and I was moved by this. I do not know this lady, why she’s doing this… In fact I don’t even know where this picture was taken, when, who she was, but I was truly touched by it. We often find ourselves saying this […]

CHANGES TO THE PSLE SCORING SYSTEM – SAME SAME BUT DIFFERENT?

In what was deemed “the biggest revamp” to the PSLE scoring system that has been around for 5 decades, the “T-score” will now be replaced by eight Achievement Levels (AL) starting from 2021. This move was aimed at reducing “excessive competition to chase that last point” by removing the bell curve, where students were graded […]

More Singaporeans getting higher education…good or bad?

More Singaporeans are getting post-secondary education according to the General Household Survey 2015 report done by the Department of Statistics. Compared to 2010, 52% of the non-student population aged 25 and above possess post-secondary qualifications. This is not surprising, since the number of PMEs (Professionals, Managers and Executives) in the workforce has grown. 1 in […]

It’s not just the banking sector that is slowing down…the oil & gas sector too…

This year seems like it will be rough. If you thought it was just the banking sector that is affected, then you are wrong. The oil and gas industry is also going through some difficult times. Keppel Corp’s fourth-quarter net profit fell 44% while its full-year profit dropped to a 5 year low. It also […]

Is it worth pursuing a degree today?

The Ministry of Manpower (MOM) released a report yesterday (3 February 2016) on the declining job vacancies in Singapore. According to the report, job vacancies fell by 7,400 last September from the same month in 2014. And industry experts are concerned about the mismatch between the kinds of jobs workers look for and the kinds of […]

Job vacancies declining…and it’s gonna get tough

More bad news today.   The Ministry of Manpower released an annual employment report which showed that the number of job vacancies have dropped. According to the report, there were 116 job openings for every 100 job seekers between July to September 2015, down from 121 openings in the preceding 3 months and 143 openings in […]

Who do we have to blame, if we fall behind others?

Enough of the fear-mongering already. So many government agencies and analysts have been going on the news to tell us we are facing a looming economic downturn. Last week, the Ministry for Manpower released figures of employment growth being at its lowest in 12-years, while the NTUC said that retrenchment figures are creeping up. We’re […]

Everything You Need to Know about SkillsFuture Credit

It’s the first work day of 2016 for most of us! First off, let me say this, Congratulations! You’ve survived 2015! If you’ve been following the news and all the rather depressing economic and market updates, you would know that we should be bracing ourselves for a not-so-bright year ahead. I looked into my crystal […]