Must-read, Singapore News and Top Stories
THE BIG STORY
More people increased their savings at CPF last year
More people have sought to harness the benefits of the Central Provident Fund (CPF) last year to stretch their savings amid the uncertainties of the pandemic. The number of members who completed their CPF retirement savings or that of their loved ones was almost 40% higher last year compared to 2019.
THE BIG STORY
Intensified ring-fencing to avoid the 2nd circuit breaker
Ring-fencing strategies to limit Covid-19 transmissions and contain their spread have been intensified recently, helping Singapore avoid a second breaker for now. Experts note that larger areas are now closed and more people are being subjected to swab tests for the virus.
Egypt strives to preserve tenuous Gaza ceasefire
Egyptian mediators are trying to maintain a tenuous ceasefire between Israel and Palestinian militants, as officials assess the damage in Gaza after 11 days of fighting. A delegation is shuttling between Israel and Gaza to consolidate the truce, which includes aid to Palestinians in the region. US Secretary of State Antony Blinken is due to visit Israel and the West Bank this week.
Migrant workers’ wage problems on the rise: NGOs
The Humanitarian Organization for the Economy of Migration (Home) said cases of false reporting of migrant workers’ wages have increased as more employers and agents become aware of the shortcomings. Last year, it handled 274 cases involving such matters, an increase of 24.5% from the 220 cases registered in 2019.
Leverage new vaccine insights to optimize deployment here
Singapore’s growing knowledge of vaccines in real life has enabled the country to refine their use. As the Republic faces an increase in the number of cases, this understanding has enabled decision-makers here to make timely and rational adjustments to vaccine deployment policies, in order to optimize public health protection.
Karaoke chain to close all 8 outlets here this month
Manekineko, a large karaoke chain, decided to close all eight outlets here this month. In a Facebook ad, the channel said: “Karaoke Manekineko would like to take this opportunity to express our gratitude and thanks to all the customers who have supported us. This is not a farewell, it is up to until we meet again. “