International banks preferred by Singapore graduates
Posted: 15 November 2010 2202 hrs
SINGAPORE: International banks have emerged as the preferred employers by Singapore graduates.
According to the Singapore Graduate Barometer 2010 survey which involved some 3,700 final-year students and graduates, Barclays Capital claimed the top spot in overall rankings.
Singapore Technologies Engineering came in second and Citibank was third.
The top ten leading graduate employers included J P Morgan, Credit Suisse and MediaCorp.
The survey revealed that Singaporean students value professional development and promotion opportunities the most.
And a good work-life balance is valued higher than a demanding position.
Survey respondents also indicated that the ability to develop specialised skills is important in their first job.
GTI Media announced the list of most sought-after employers at the Singapore's 100 leading graduate employers awards on Monday evening.
-CNA/ac
- wong chee tat :)
Tuesday, November 16, 2010
CPF keeps 2.5% Ordinary Account interest rate
CPF keeps 2.5% Ordinary Account interest rate
By Mustafa Shafawi
SINGAPORE: The CPF Board will continue paying members 2.5 per cent annual interest on their Ordinary Account (OA) savings between January and March next year.
The computed CPF interest rate derived from the major local banks' interest rates for the three-month period from August to October this year, worked out to be 0.4 per cent a year.
However, the higher rate of 2.5 per cent will be paid as the CPF Act provides for a minimum CPF interest rate of 2.5 per cent a year.
The concessionary interest rate for HDB home loan is unchanged at 2.6 per cent a year for the first three months of next year.
-CNA/wk
- wong chee tat :)
By Mustafa Shafawi
SINGAPORE: The CPF Board will continue paying members 2.5 per cent annual interest on their Ordinary Account (OA) savings between January and March next year.
The computed CPF interest rate derived from the major local banks' interest rates for the three-month period from August to October this year, worked out to be 0.4 per cent a year.
However, the higher rate of 2.5 per cent will be paid as the CPF Act provides for a minimum CPF interest rate of 2.5 per cent a year.
The concessionary interest rate for HDB home loan is unchanged at 2.6 per cent a year for the first three months of next year.
-CNA/wk
- wong chee tat :)
All buildings must facilitate laying of NGNBN cables: IDA
All buildings must facilitate laying of NGNBN cables: IDA
By Satish Cheney
SINGAPORE: Good news for Singaporeans living in private apartments and condos who have been waiting to get high-speed fibre broadband in their homes.
The InfoComm Development Authority (IDA) said all buildings, including condos and private apartments must facilitate the process of laying New Generation Nationwide Broadband Network (NGNBN) fibre-optics cable.
Also, condos and private apartments who want the fibre-optic cables should bear the cost for providing certain facilities such as cable distribution systems and lead-in pipes, among others, if they are already not present.
IDA said this issue has been spelled out in the Telecommunications Act and relevant Code of Practices since 2000.
The clarification followed reports earlier this month that nine in 10 condo and private apartment management committees have rejected the free offer to lay the cables for mainly aesthetic reasons.
Many wanted the cables concealed within walls or false ceilings but such work requires the hacking of walls.
Both OpenNet, the consortium appointed to lay the cables, and the management committees are not prepared to pay the cost.
IDA has also issued OpenNet a letter, which they can bring to building owners, that clarifies the issue.
IDA added that it can determine the outcome of disagreements between developers or building owners and telecom licensees.
Meanwhile, re-engagement efforts by OpenNet, is bringing in some encouraging result.
An average of more than three out of the nine who earlier rejected the offer to lay the cables have now agreed for the lines to be laid.
-CNA/fa
- wong chee tat :)
By Satish Cheney
SINGAPORE: Good news for Singaporeans living in private apartments and condos who have been waiting to get high-speed fibre broadband in their homes.
The InfoComm Development Authority (IDA) said all buildings, including condos and private apartments must facilitate the process of laying New Generation Nationwide Broadband Network (NGNBN) fibre-optics cable.
Also, condos and private apartments who want the fibre-optic cables should bear the cost for providing certain facilities such as cable distribution systems and lead-in pipes, among others, if they are already not present.
IDA said this issue has been spelled out in the Telecommunications Act and relevant Code of Practices since 2000.
The clarification followed reports earlier this month that nine in 10 condo and private apartment management committees have rejected the free offer to lay the cables for mainly aesthetic reasons.
Many wanted the cables concealed within walls or false ceilings but such work requires the hacking of walls.
Both OpenNet, the consortium appointed to lay the cables, and the management committees are not prepared to pay the cost.
IDA has also issued OpenNet a letter, which they can bring to building owners, that clarifies the issue.
IDA added that it can determine the outcome of disagreements between developers or building owners and telecom licensees.
Meanwhile, re-engagement efforts by OpenNet, is bringing in some encouraging result.
An average of more than three out of the nine who earlier rejected the offer to lay the cables have now agreed for the lines to be laid.
-CNA/fa
- wong chee tat :)
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