Singapore and Indonesia sign MOU on renewable energy cooperation to review promising commercial projects for a win-win outcome
2023-03-17
International Maritime Organization, Norway and Singapore sign MoU on maritime decarbonization
2023-03-22
On March 15, 2023, Singapore’s Ministry of Manpower released the Labour Market Report 2022, showing total employment registered a record-high increase of 227,800 in 2022, bringing total employment to 2.9% above the pre-pandemic 2019 level.
Resident employment continued its steady growth, increasing by 26,300 in 2022. The increase was mostly in outward-oriented sectors such as Financial Services and Information & Communications. By December 2022, the resident employment level has surpassed 2019’s level by 4.8%.
Annual average unemployment rates improved further in 2022 compared to 2021 (overall: from 2.7% to 2.1%, resident: from 3.5% to 2.9%, citizen: from 3.7% to 3.0%) and are below pre-pandemic. The resident long-term unemployment rate improved to 0.6%, below the pre-pandemic average of 0.7%.
FOZL Group provides one-stop corporate services to local and overseas companies, currently serving over 1,000 companies in Singapore. FOZL assist clients to register Singapore companies, and provide Accounting, Annual Return, Auditing, Tax Declaration, Trademark Registration, applying for Investment Promotion Policies, Corporate Advisory, Private Client Consultancy, establishing Family Offices and providing serviced office solutions for enterprise.
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