National Jobs Council Of Singapore
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National Jobs Council Of Singapore
The National Jobs Council (NJC) is a 17-member high-level council aimed at job creation and training. Formed in 2020 by the Singapore Government, the mission of the National Jobs Council is to identify and develop job opportunities and skills training for Singaporeans during the COVID-19 pandemic; it supports the "whole-of-nation approach" to preserve existing jobs and match Singaporeans with job openings. The council is chaired by Tharman Shanmugaratnam. History On 26 May 2020, Deputy Prime Minister Heng Swee Keat announced the plan to set up the National Jobs Council in his fourth Budget. References {{Singapore-org-stub Economic responses to the COVID-19 pandemic Economy of Singapore Labour in Singapore ...
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Government Of Singapore
The Government of Singapore is defined by the Constitution of Singapore to mean the executive branch of the state, which is made up of the president and the Cabinet. Although the president acts in their personal discretion in the exercise of certain functions as a check on the Cabinet and the Parliament, their role is largely ceremonial. It is the Cabinet, composed of the prime minister and other ministers appointed on their advice by the president, that have the general direction and control of the government. The Cabinet is formed by the political party that gains a simple majority in each general election. A statutory board is an autonomous agency of the Government that is established by an Act of Parliament and overseen by a government ministry. Unlike ministries and government departments that are subdivisions of ministries, statutory boards are not staffed by civil servants and have greater independence and flexibility in their operations. There are five Community ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Tharman Shanmugaratnam
Tharman Shanmugaratnam (Tamil: தர்மன் சண்முகரத்தினம்; born 25 February 1957) is a Singaporean politician and economist who has been serving as Senior Minister of Singapore since 2019 and has also been Coordinating Minister for Social Policies since 2015 and also chairman of the Monetary Authority of Singapore since 2011. A member of the governing People's Action Party, he has been the Member of Parliament (MP) representing the Taman Jurong division of Jurong GRC since 2001. He has also been serving as Deputy Chairman of GIC. An economist by profession, Tharman had worked in both the public and private sectors, both domestic and abroad. He has spent most of his working life in public service, in roles principally related to economic and social policies. Tharman previously led the G20 Eminent Persons Group on Global Financial Governance and had chaired the International Monetary and Financial Committee (IMFC), the International Monetary ...
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Heng Swee Keat
Heng Swee Keat (; born 15 April 1961) is a Singaporean politician, former police officer and civil servant who has been serving as Deputy Prime Minister of Singapore since 2019 and Coordinating Minister for Economic Policies since 2020 and also chairman of the People's Action Party since 2022. He has been the Member of Parliament (MP) representing the Bedok division of East Coast GRC since 2020. Heng had previously served as Minister for Education between 2011 and 2015 and Minister for Finance between 2015 and 2021. Prior to entering politics, Heng worked in the Singapore Police Force (SPF), Ministry of Education (MOE), Ministry of Trade and Industry (MTI), and Monetary Authority of Singapore (MAS). He was also the principal private secretary to Senior Minister Lee Kuan Yew between 1997 and 2001. He made his political debut in the 2011 general election as part of a five-member PAP team contesting in Tampines GRC and won with 57.22% of the vote. He then elected as a Member ...
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Economic Responses To The COVID-19 Pandemic
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howe ...
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Economy Of Singapore
The economy of Singapore is a highly developed free-market economy with dirigiste characteristics. Singapore's economy has been previously ranked as the most open in the world, the joint 4th-least corrupt, and the most pro-business. Singapore has low tax-rates and the second-highest per-capita GDP in the world in terms of purchasing power parity (PPP). The Asia-Pacific Economic Cooperation (APEC) is headquartered in Singapore. Alongside the business-friendly reputation for global and local privately held companies and public companies, various national state-owned enterprises play a substantial role in Singapore's economy. The sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest bellwether companies, such as Singapore Airlines, SingTel, ST Engineering and MediaCorp. With regards to foreign direct investment (FDI), the Singaporean economy is a major FDI outflow-financier in the world. In addition, throughout its history, Singap ...
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