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What is the Baby Bonus scheme?

SINGAPORE: The Singapore government is undertaking another review of the Baby Bonus scheme which aims to encourage married couples to have more children and help them defray part of the financial costs. A survey with some 3,000 beneficiaries is in the works. The move comes at a time when Singapore’s fertility rate is at a …

What is the impact on Apple when Job’s health deterioriates?

New York – There’s a lot riding on Steve Jobs’ pancreas. After Apple’s CEO announced on Monday that he would be taking a medical leave of absence-his third-skittish investors sent the company’s stock tumbling. Those investors had every reason to be nervous. Apple’s public face has always been a very private soul. And the company …

Bing annoys MSN partners

Global – Microsoft’s devotion to Bing is straining some of its MSN partner relationships and has even cost the company some cash. The portal’s sales staff has been irked for some time by Microsoft posting myriad links to Bing on the home page rather than to MSN properties, the New York Post reported. And more …

Groupon continues global expansion

Global – Collective buying site Groupon has continued its rapid growth around the world via acquisition, extending its reach across India, the Middle East and South Africa. Groupon has launched Groupon India, Groupon Israel and Groupon South Africa by acquiring local daily deal sites Sosasta, Grouper and Twangoo respectively. All three sites will transit to …

What is the country that pays the highest bonuses?

Singapore – Bonuses for Singaporeans this year are set to be the highest in Asia for 2011. According to a recent poll by human resources consultancy firm HR Business Solutions (HRBS), bonuses for Singaporeans this year are set to be 17% of the annual base pay. That works out to be about two months’ salary, …

Schools should nurture ‘three loves’ in students: SM

SENIOR Minister Goh Chok Tong on Saturday identified two additional challenges that Singapore now faces, on top of its perennial efforts to ensure inter-racial harmony. These are: the widening income gap and the need to welcome foreigners. Speaking to 300 students and parents at an Edusave award ceremony in his Marine Parade ward, SM Goh …

SingTel fined $130,000 over ISP tariffs

January 15, 2011 | Author: candyce | Posted in Corporate finance, General, Mobile Cell Phone

SINGTEL has been fined a total of $130,000 for selling an unapproved wholesale discounted broadband service and for offering the discount to only one Internet service provider (ISP). ISPs buy wholesale services and then retail them to home and business users. The Infocomm Development Authority of Singapore (IDA) said on its website it had decided …

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