Trade and Industry Minister Chan Chun Sing visited local seafood distributor Hai Sia Seafood on Tuesday (Aug 20) (Photo: Brandon Tanoto) SINGAPORE: The Singapore government is aware of the cost pressures businesses will face as a result of the upcoming increase in retirement and re-employment ages , as well as higher Central Provident Fund (CPF) contribution rates for older workers, said Trade and Industry Minister Chan Chun Sing on Tuesday (Aug 20).
Mr Chan said the Government will work closely with the Singapore National Employers Federation and unions to help businesses adjust to the changes. Advertisement The Government will also […]
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