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.
Singapore to enhance safety and retirement for gig workers
The country will become the first in the world to introduce such measures.
Singapore to enhance safety and retirement for gig workers
The country will become the first in the world to introduce such measures.
Gov't to roll out support scheme for retrenched workers late 2024
The government is finalising the details of the scheme.
Red Crowns Senior Living faces fines for Employment Act violations
The MOM found "illegal employment practices" in the firm's previous operating model.
Which industry has the most job vacancies?
Those that went into new job functions accounted for 24.4% of new positions.
Job vacancies hit 6-year high with 47.3%
Singapore's labour vacancy surged 47.3% in 2023, highest since 2018's 41.8%.
Singapore produced 88,400 jobs in 2023
The surge was attributed to a rise in foreign manpower employment.
MOM approves over 4,000 ONE PASS applications
The government introduced the work pass framework in January 2023.
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.
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