The Ask: NWC Wage recommendation sensible, but uneven growth means non-performing sectors could be driven out by labour cost concerns. #SGToday
CNA938 RewindShow Notes
On The Ask on Singapore Today, the National Wages Council has recommended its biggest pay increases for lower-wage workers since 2021, including a minimum $120 increase for those in financially struggling companies. Daniel Martin spoke to Khoon Goh, Head of Asia Research at ANZ, about what the recommendations say about Singapore’s wage outlook and whether businesses can afford them. See omnystudio.com/listener for privacy information.
More from CNA938 Rewind
On today's (23 Oct) markets analysis on Open For Business, Hairianto Diman and Andrea Heng speak with Aadil Ebrahim, Group Head of Equities, Klay Group See omnystudio.com/listener for privacy information.
With natural gas supplying most of Singapore's electricity, the country is exploring imported biomethane as a lower-carbon alternative. But where will supplies come from, is existing infrastructure ready, and can imports scale up sustainably? Hairianto Diman and Andrea Heng explore whether biomethane can strengthen Singapore's energy security while advancing its climate goals with Leanne Chew, Research Associate, Energy Studies Institute, NUS. See omnystudio.com/listener for privacy information.
In Business, South Korea holds interest rates steady and raises its growth outlook, while the Philippines announces a bigger-than-expected rate hike. Daniel Martin spoke to Desmond Chua, Investment Counselor at Citigold Private Client, Citibank Singapore, about these developments, oil supply concerns in the Middle East and the latest moves in Asian markets. See omnystudio.com/listener for privacy information.
The Ministry of Health has released N95 masks from its stockpile to retailers amid increased demand, despite earlier warnings about the risk of haze. On TalkBack, Daniel Martin spoke to Dr Rayner Tan, Assistant Professor at the NUS Saw Swee Hock School of Public Health and Yong Loo Lin School of Medicine, and Vice-President of the Society of Behavioural Health Singapore, about why people may wait until haze arrives to prepare, and whether earlier warnings were enough to prompt action. See omnystudio.com/listener for privacy information.
On The Ask on Singapore Today, Tesla and SpaceX are reportedly exploring a potential merger worth nearly US$5 trillion. Daniel Martin spoke to Desmond Chua, Investment Counselor at Citigold Private Client, Citibank Singapore, about how feasible a deal of this scale would be and what it could mean for the electric vehicle, AI, robotics and space industries. See omnystudio.com/listener for privacy information.