Om Mani Padme Hum
Om Mani Padme Hum
Om Mani Padme Hum
- wong chee tat :)
Tuesday, June 17, 2014
Almost half of Singaporeans are dissatisfied with their jobs: Survey
Almost half of Singaporeans are dissatisfied with their jobs: Survey
Three-quarters of employees here say their jobs are only a way to make a living and nothing more, according to the Q2 Randstad Workmonitor survey.
SINGAPORE: Employees in Singapore ranked second from bottom in the Asia-Pacific in a global quarterly survey measuring job satisfaction.
Almost half (46 per cent) of employees in Singapore say they are not satisfied in their current job, only behind Japan (56 per cent), according to the Q2 Randstad Workmonitor survey released on Tuesday (June 17). Employees in India ranked the highest, with 80 per cent saying they are happy where they are.
Highest proportion of satisfied employees (Asia-Pacific):
India
Malaysia
Hong Kong
China
New Zealand
Australia
Singapore
Japan
Of the 5,670 employees surveyed in Singapore, 75 per cent say they view their job only as a way to make a living and nothing more. The majority also said they would not hesitate to change jobs if they could make more money (80 per cent), improve their career opportunities (78 per cent) or if they found a job that better matched their educational backgrounds (71 per cent).
The study was conducted between April 16 and May 6 via an online questionnaire of respondents aged 18-65, working a minimum of 24 hours a week in a paid job, who are not self-employed. The minimal sample size is 400 interviews per country, using Survey Sampling International.
- CNA/es
- wong chee tat :)
Three-quarters of employees here say their jobs are only a way to make a living and nothing more, according to the Q2 Randstad Workmonitor survey.
SINGAPORE: Employees in Singapore ranked second from bottom in the Asia-Pacific in a global quarterly survey measuring job satisfaction.
Almost half (46 per cent) of employees in Singapore say they are not satisfied in their current job, only behind Japan (56 per cent), according to the Q2 Randstad Workmonitor survey released on Tuesday (June 17). Employees in India ranked the highest, with 80 per cent saying they are happy where they are.
Highest proportion of satisfied employees (Asia-Pacific):
India
Malaysia
Hong Kong
China
New Zealand
Australia
Singapore
Japan
Of the 5,670 employees surveyed in Singapore, 75 per cent say they view their job only as a way to make a living and nothing more. The majority also said they would not hesitate to change jobs if they could make more money (80 per cent), improve their career opportunities (78 per cent) or if they found a job that better matched their educational backgrounds (71 per cent).
The study was conducted between April 16 and May 6 via an online questionnaire of respondents aged 18-65, working a minimum of 24 hours a week in a paid job, who are not self-employed. The minimal sample size is 400 interviews per country, using Survey Sampling International.
- CNA/es
- wong chee tat :)
MAS unveils new measures to promote offshore RMB
MAS unveils new measures to promote offshore RMB
The Monetary Authority of Singapore will provide an overnight RMB liquidity facility to financial institutions from July 1. The move will facilitate growth of the offshore RMB offshore market in Singapore.
SINGAPORE: The Monetary Authority of Singapore (MAS) will introduce a facility to provide up to 5 billion renminbi (RMB) in overnight liquidity to financial institutions in Singapore as part of measures to boost the city-state's fast-growing offshore RMB market.
The overnight facility -- which will be launched on July 1 -- will give financial institutions the assurance that their short-term RMB funding needs will be met, MAS said in a statement on Friday.
The new facility will complement an existing facility that allows banks to borrow the Chinese currency on a term basis for trade, direct investment and market stability purposes.
MAS' announcement coincided with an directive issued by the People's Bank of China (PBC) Nanjing branch that said eligible corporates and individuals in the Suzhou Industrial Park (SIP) will be allowed to conduct cross-border RMB transactions with Singapore.
This means banks in Singapore will be allowed to lend RMB to corporates in the Suzhou park. Firms there can issue RMB-denominated bonds in Singapore, while equity investment funds in the SIP can directly invest in Singapore-based corporates.
"The introduction of cross-border RMB channels between Singapore and SIP will facilitate greater financing for companies operating in the SIP, encourage direct investment in corporates in Singapore and broaden the range of RMB activities that can be conducted out of Singapore," said MAS Deputy Managing Director Jacqueline Loh.
"We look forward to similar arrangements being put in place in the near future to allow cross-border RMB transactions between Singapore and Tianjin Eco-City," she added.
Singapore is the second largest offshore clearing centre for transactions involving the RMB, which is being used increasingly for trade and investments as China liberalises the use of its currency.
- CNA/ly
- wong chee tat :)
The Monetary Authority of Singapore will provide an overnight RMB liquidity facility to financial institutions from July 1. The move will facilitate growth of the offshore RMB offshore market in Singapore.
SINGAPORE: The Monetary Authority of Singapore (MAS) will introduce a facility to provide up to 5 billion renminbi (RMB) in overnight liquidity to financial institutions in Singapore as part of measures to boost the city-state's fast-growing offshore RMB market.
The overnight facility -- which will be launched on July 1 -- will give financial institutions the assurance that their short-term RMB funding needs will be met, MAS said in a statement on Friday.
The new facility will complement an existing facility that allows banks to borrow the Chinese currency on a term basis for trade, direct investment and market stability purposes.
MAS' announcement coincided with an directive issued by the People's Bank of China (PBC) Nanjing branch that said eligible corporates and individuals in the Suzhou Industrial Park (SIP) will be allowed to conduct cross-border RMB transactions with Singapore.
This means banks in Singapore will be allowed to lend RMB to corporates in the Suzhou park. Firms there can issue RMB-denominated bonds in Singapore, while equity investment funds in the SIP can directly invest in Singapore-based corporates.
"The introduction of cross-border RMB channels between Singapore and SIP will facilitate greater financing for companies operating in the SIP, encourage direct investment in corporates in Singapore and broaden the range of RMB activities that can be conducted out of Singapore," said MAS Deputy Managing Director Jacqueline Loh.
"We look forward to similar arrangements being put in place in the near future to allow cross-border RMB transactions between Singapore and Tianjin Eco-City," she added.
Singapore is the second largest offshore clearing centre for transactions involving the RMB, which is being used increasingly for trade and investments as China liberalises the use of its currency.
- CNA/ly
- wong chee tat :)
Hiring outlook: More short-term contracts on the cards
Hiring outlook: More short-term contracts on the cards
Labour market watchers say companies in Singapore may increase headcount in the coming months, as economic activity picks up towards the year-end. However, they expect that some of the hiring will lean towards short-term contracts.
SINGAPORE: With economic growth seen picking up, after a weaker than expected start to the year, firms may be more willing to hire towards the year-end. Human Capital Singapore, the national human resource training centre, says vacancies may open up in banking and finance, among other sectors.
"If you look at some statistics that were released in the market, it has indicated that at least about 53 per cent have indicated that they will hire more. And out of this 53 per cent, 33 per cent of them are saying that, they are looking at, at least hiring another 10 additional headcounts," said Chief Executive of Human Capital Singapore, Ms Ho Geok Choo.
With foreign worker limits in place, service-oriented industries like food and beverage may feel the squeeze. And so, to cope during busy festive seasons, more firms may look at stop-gap solutions.
"What is very fashionable nowadays is where, they are beginning to bring in people on a short-term basis - that means contract-for-service, rather than contract-of-service. So they might hire them for six months to 12 months," Ms Ho said.
However, one sector with a tepid hiring outlook may be manufacturing, with growth relatively sluggish as firms restructure.
"There is drag coming from the electronics cluster in the overall manufacturing sector. On the other hand, we are seeing some upside surprise coming from the pharmaceutical cluster, as well as the marine, offshore marine engineering cluster," said Mr Irvin Seah, a senior economist at DBS Bank. "But that being said, these two clusters tend to be quite volatile."
Economists expect the unemployment rate to be 1.9 per cent at the end of 2014. This, they say, is pretty much a situation of full employment, which means there'll be no letup in the tightness of the labour market.
- CNA/ly
- wong chee tat :)
Labour market watchers say companies in Singapore may increase headcount in the coming months, as economic activity picks up towards the year-end. However, they expect that some of the hiring will lean towards short-term contracts.
SINGAPORE: With economic growth seen picking up, after a weaker than expected start to the year, firms may be more willing to hire towards the year-end. Human Capital Singapore, the national human resource training centre, says vacancies may open up in banking and finance, among other sectors.
"If you look at some statistics that were released in the market, it has indicated that at least about 53 per cent have indicated that they will hire more. And out of this 53 per cent, 33 per cent of them are saying that, they are looking at, at least hiring another 10 additional headcounts," said Chief Executive of Human Capital Singapore, Ms Ho Geok Choo.
With foreign worker limits in place, service-oriented industries like food and beverage may feel the squeeze. And so, to cope during busy festive seasons, more firms may look at stop-gap solutions.
"What is very fashionable nowadays is where, they are beginning to bring in people on a short-term basis - that means contract-for-service, rather than contract-of-service. So they might hire them for six months to 12 months," Ms Ho said.
However, one sector with a tepid hiring outlook may be manufacturing, with growth relatively sluggish as firms restructure.
"There is drag coming from the electronics cluster in the overall manufacturing sector. On the other hand, we are seeing some upside surprise coming from the pharmaceutical cluster, as well as the marine, offshore marine engineering cluster," said Mr Irvin Seah, a senior economist at DBS Bank. "But that being said, these two clusters tend to be quite volatile."
Economists expect the unemployment rate to be 1.9 per cent at the end of 2014. This, they say, is pretty much a situation of full employment, which means there'll be no letup in the tightness of the labour market.
- CNA/ly
- wong chee tat :)
Govt may tweak quota system to help married couples live near their parents
Govt may tweak quota system to help married couples live near their parents
Tweaking the quota system is one option the government could look into to improve the chances of those hoping to live near their parents.
SINGAPORE: Tweaking the quota system is one option the government could look into to improve the chances of those hoping to live near their parents.
Minister of State Mohamad Maliki Osman said this at the second housing conversation session on Saturday which aims to find out what more can be done to help extended families live together or close by.
He said another area is to consider extending grants to second-time home buyers purchasing HDB resale flats near their parents.
Thirty-six married participants attended the second housing conversation.
About a third said they were in favour of giving absolute priority to those hoping to buy a new flat near their parents.
32-year-old Arina Tan, who has a one-year-old daughter, said: "We had been balloting for a flat near our parents for four times but we weren't able to get it. For the fifth time, we tried a further place at Yishun where the government has opened up more flats at the non-mature estates. We were able to get it.
“We have our flat in Yishun but we still stay weekdays at my in-laws place because of the baby. She can take care of her and we do not need to travel every day from Yishun to Jurong."
A week ago, courting couples gave a resounding "no" when asked if they were in favour of giving absolute priority to those hoping to buy a new flat near their parents.
To prevent people from abusing the system, some participants said there should be conditions if absolute priority is given such as extending the Minimum Occupation Period from five, to 10 years.
However, some also acknowledged the challenges of giving absolute priority.
"If somebody were to have absolute priority, then there would be another group that wouldn't have anything at all so I think it's a bit difficult," said Joewind Han.
About half of the participants also said while they did not want absolute priority, they were in favour of more priority being given.
One option could be to tweak the quota system instead.
Dr Maliki said: "As we try to look at ways to enhance the opportunities for young couples to live near their parents, one option is to see how best we can tweak at the quota system. Today, we have about 85 per cent of BTO flats allocated to first-timers, 15 per cent to second-timers.
"One option is if you want to really look at ways to enhance the possibility, or increase the chances of second-timers who want to live near their parents, maybe we can set aside a quota within perhaps that 15 per cent. They can possibly look at how their chances can be better met. But nonetheless, we are still exploring some of these ideas."
Participants also discussed whether second-time home buyers should get housing grants when buying a resale flat near their parents.
Currently, first time home buyers purchasing a resale flat get a S$30,000 CPF Housing Grant, but this goes up to S$40,000 when they buy a resale flat to live together with, or near their parents.
Some had suggested that the additional S$10,000 be given to both first and second-timers.
Dr Maliki said: "This is a significant shift when we talk about giving grants to second-timers but I think they recognise the proposal is to give grants to those wanting to live near their parents and this is for those who did not get to exercise that option when they bought their first flat so I think it's quite a rational proposition.
"That's something that we can try to consider how else we can facilitate couples who have moved on to their next phase of their life stage to live near their parents. If it means that a grant can incentivise that, a grant can facilitate that, we will be prepared to consider that."
Participants were also split when asked if the government should continue building more Three-Generation (3Gen) flats.
Some said while they were in favour of having more 3Gen flats built, they also hoped some design improvements could be made.
"As a concept, it's great but I think if the useable space, the common spaces are not tweaked well, it could just lead to hot housing," said Goh Ling Pin.
"There could be extra conflict within the house like a lot of people crammed within a smaller space might not fulfil the purpose of helping a family get along," Goh added.
His wife Christine Choo said: "We are living with my father-in-law and I believe that he will like to have his own privacy as well, and for us to have our own privacy, but yet at the same time we want to live together so having a dual-key system where he's just next door and we're under one roof and for us to take care of the financing, would be very helpful for elderly who is also a retiree."
Dr Maliki said: "We're looking at the needs, the profile of different family types, size commensurate with the size of the family too. We want to make it optimal for families when they use the spaces."
Dr Maliki said how the first batch of 3Gen flats in Yishun pans out will have to be observed before fine-tuning designs.
The next housing conversation session is on June 19 and will target seniors with children above 21.
- CNA/fa
- wong chee tat :)
Tweaking the quota system is one option the government could look into to improve the chances of those hoping to live near their parents.
SINGAPORE: Tweaking the quota system is one option the government could look into to improve the chances of those hoping to live near their parents.
Minister of State Mohamad Maliki Osman said this at the second housing conversation session on Saturday which aims to find out what more can be done to help extended families live together or close by.
He said another area is to consider extending grants to second-time home buyers purchasing HDB resale flats near their parents.
Thirty-six married participants attended the second housing conversation.
About a third said they were in favour of giving absolute priority to those hoping to buy a new flat near their parents.
32-year-old Arina Tan, who has a one-year-old daughter, said: "We had been balloting for a flat near our parents for four times but we weren't able to get it. For the fifth time, we tried a further place at Yishun where the government has opened up more flats at the non-mature estates. We were able to get it.
“We have our flat in Yishun but we still stay weekdays at my in-laws place because of the baby. She can take care of her and we do not need to travel every day from Yishun to Jurong."
A week ago, courting couples gave a resounding "no" when asked if they were in favour of giving absolute priority to those hoping to buy a new flat near their parents.
To prevent people from abusing the system, some participants said there should be conditions if absolute priority is given such as extending the Minimum Occupation Period from five, to 10 years.
However, some also acknowledged the challenges of giving absolute priority.
"If somebody were to have absolute priority, then there would be another group that wouldn't have anything at all so I think it's a bit difficult," said Joewind Han.
About half of the participants also said while they did not want absolute priority, they were in favour of more priority being given.
One option could be to tweak the quota system instead.
Dr Maliki said: "As we try to look at ways to enhance the opportunities for young couples to live near their parents, one option is to see how best we can tweak at the quota system. Today, we have about 85 per cent of BTO flats allocated to first-timers, 15 per cent to second-timers.
"One option is if you want to really look at ways to enhance the possibility, or increase the chances of second-timers who want to live near their parents, maybe we can set aside a quota within perhaps that 15 per cent. They can possibly look at how their chances can be better met. But nonetheless, we are still exploring some of these ideas."
Participants also discussed whether second-time home buyers should get housing grants when buying a resale flat near their parents.
Currently, first time home buyers purchasing a resale flat get a S$30,000 CPF Housing Grant, but this goes up to S$40,000 when they buy a resale flat to live together with, or near their parents.
Some had suggested that the additional S$10,000 be given to both first and second-timers.
Dr Maliki said: "This is a significant shift when we talk about giving grants to second-timers but I think they recognise the proposal is to give grants to those wanting to live near their parents and this is for those who did not get to exercise that option when they bought their first flat so I think it's quite a rational proposition.
"That's something that we can try to consider how else we can facilitate couples who have moved on to their next phase of their life stage to live near their parents. If it means that a grant can incentivise that, a grant can facilitate that, we will be prepared to consider that."
Participants were also split when asked if the government should continue building more Three-Generation (3Gen) flats.
Some said while they were in favour of having more 3Gen flats built, they also hoped some design improvements could be made.
"As a concept, it's great but I think if the useable space, the common spaces are not tweaked well, it could just lead to hot housing," said Goh Ling Pin.
"There could be extra conflict within the house like a lot of people crammed within a smaller space might not fulfil the purpose of helping a family get along," Goh added.
His wife Christine Choo said: "We are living with my father-in-law and I believe that he will like to have his own privacy as well, and for us to have our own privacy, but yet at the same time we want to live together so having a dual-key system where he's just next door and we're under one roof and for us to take care of the financing, would be very helpful for elderly who is also a retiree."
Dr Maliki said: "We're looking at the needs, the profile of different family types, size commensurate with the size of the family too. We want to make it optimal for families when they use the spaces."
Dr Maliki said how the first batch of 3Gen flats in Yishun pans out will have to be observed before fine-tuning designs.
The next housing conversation session is on June 19 and will target seniors with children above 21.
- CNA/fa
- wong chee tat :)
New private home sales nearly double in May
New private home sales nearly double in May
The improved sales volume came as developers launched 1,790 new units in May, nearly three times more than the 600 homes in the previous month.
SINGAPORE: The private residential property market sprang to life in May after months of remaining in the doldrums, with developers’ sales surging 96 per cent as buyers snapped up units at the slew of new launches last month.
Developers sold 1,470 new private homes last month, nearly doubling the 749 units that they moved in April, latest data by the Urban Redevelopment Authority (URA) showed on Monday (June 16). Including executive condominiums (ECs), new developer sales rose to 1,528 units in May from 797 units in April.
The number of new private homes sold last month is the highest monthly figure since the Total Debt Servicing Ratio was introduced in June last year. The improved sales volume also came as developers launched 1,790 new units into the market in May, nearly three times more than the 600 homes recorded in the previous month.
"It is a function of supply, and supply that was with good attributes and good locations, as well as projects that were priced very attractively," Mr Desmond Sim, the Head of CBRE Research Singapore said of the rise.
Two projects by City Developments topped the best-selling list for the month. Coco Palms at Pasir Ris Grove moved 590 of the 600 condominium units launched at a median price of S$1,018 per square foot (psf), while Commonwealth Towers at Commonwealth Avenue sold 275 of 400 homes at S$1,626 psf.
Analysts note the higher sales volume last month is a sign that underlying demand is strong, but some say it may be too early to rejoice.
"The statistics in May do show that buyers did come back (to the market), but that is after five months of drought, of very low sales," said Mr Nicholas Mak, the Executive Director of Research and Consultancy at SLP International Property Consultants.
"In May, we actually saw a surge in the number of units launched. Developers launched roughly about three times more private home units in May compared to April. But the take-up rate only doubled. It actually shows that the private home market is still fairly soft," Mr Mak said.
Observers say attractive prices will continue to be the key consideration for buyers against the backdrop of existing cooling measures.
For instance, the 100 units sold last month at The Panorama at Ang Mo Kio were transacted at a median price of $1,241 psf. This is about eight per cent lower than what units were going for at the project's launch in January this year.
Another project in the vicinity also achieved similar results after it slashed prices. Developers of The Sky Habitat in Bishan trimmed prices by some 13 percent when the project was re-launched last month. It then sold 130 units at a median price of $1,377 per square foot.
"Projects like Panorama and Sky Habitat, they have turned in very good numbers after they have relaunched at better pricings. With the success of this, I am not surprised that developers out there will consider that as an option to move units," said Mr Sim.
For the whole of 2014, analysts expect developers to sell about 9,500 to about 12,000 units. That is about 20 per cent shy of some 15,000 units sold in 2013.
-TODAY/cy
- wong chee tat :)
The improved sales volume came as developers launched 1,790 new units in May, nearly three times more than the 600 homes in the previous month.
SINGAPORE: The private residential property market sprang to life in May after months of remaining in the doldrums, with developers’ sales surging 96 per cent as buyers snapped up units at the slew of new launches last month.
Developers sold 1,470 new private homes last month, nearly doubling the 749 units that they moved in April, latest data by the Urban Redevelopment Authority (URA) showed on Monday (June 16). Including executive condominiums (ECs), new developer sales rose to 1,528 units in May from 797 units in April.
The number of new private homes sold last month is the highest monthly figure since the Total Debt Servicing Ratio was introduced in June last year. The improved sales volume also came as developers launched 1,790 new units into the market in May, nearly three times more than the 600 homes recorded in the previous month.
"It is a function of supply, and supply that was with good attributes and good locations, as well as projects that were priced very attractively," Mr Desmond Sim, the Head of CBRE Research Singapore said of the rise.
Two projects by City Developments topped the best-selling list for the month. Coco Palms at Pasir Ris Grove moved 590 of the 600 condominium units launched at a median price of S$1,018 per square foot (psf), while Commonwealth Towers at Commonwealth Avenue sold 275 of 400 homes at S$1,626 psf.
Analysts note the higher sales volume last month is a sign that underlying demand is strong, but some say it may be too early to rejoice.
"The statistics in May do show that buyers did come back (to the market), but that is after five months of drought, of very low sales," said Mr Nicholas Mak, the Executive Director of Research and Consultancy at SLP International Property Consultants.
"In May, we actually saw a surge in the number of units launched. Developers launched roughly about three times more private home units in May compared to April. But the take-up rate only doubled. It actually shows that the private home market is still fairly soft," Mr Mak said.
Observers say attractive prices will continue to be the key consideration for buyers against the backdrop of existing cooling measures.
For instance, the 100 units sold last month at The Panorama at Ang Mo Kio were transacted at a median price of $1,241 psf. This is about eight per cent lower than what units were going for at the project's launch in January this year.
Another project in the vicinity also achieved similar results after it slashed prices. Developers of The Sky Habitat in Bishan trimmed prices by some 13 percent when the project was re-launched last month. It then sold 130 units at a median price of $1,377 per square foot.
"Projects like Panorama and Sky Habitat, they have turned in very good numbers after they have relaunched at better pricings. With the success of this, I am not surprised that developers out there will consider that as an option to move units," said Mr Sim.
For the whole of 2014, analysts expect developers to sell about 9,500 to about 12,000 units. That is about 20 per cent shy of some 15,000 units sold in 2013.
-TODAY/cy
- wong chee tat :)
Pioneer Generation Package notification letters sent out
Pioneer Generation Package notification letters sent out
Seniors who qualify for the Pioneer Generation Package have begun receiving letters informing them of their eligibility. These include about 1,000 people who do not have CPF accounts.
SINGAPORE: Seniors who qualify for the Pioneer Generation Package have begun receiving letters informing them of their eligibility.
These include about 1,000 people who do not have CPF accounts.
They would have received instructions on how to set up an account in order to receive Medisave top-ups.
Pioneers will receive their Pioneer Generation card in the mail by September.
They can then use the card at all participating health institutions.
The Health Ministry said these institutions will have the pioneers' details in their computer systems by September, when the scheme kicks in.
But Chairman of the Government Parliamentary Committee for Health Chia Shi-Lu is urging for more to be done.
He said some seniors may not have their cards with them when they visit the doctor.
Dr Chia said: "It may be difficult to expect people to have the PG cards with them at all times.
"I believe that information relating to all the benefits and plans should be integrated with NRIC cards, so that when registration is done, the computer system will pick up on whether they are covered."
- CNA/xq
- wong chee tat :)
Seniors who qualify for the Pioneer Generation Package have begun receiving letters informing them of their eligibility. These include about 1,000 people who do not have CPF accounts.
SINGAPORE: Seniors who qualify for the Pioneer Generation Package have begun receiving letters informing them of their eligibility.
These include about 1,000 people who do not have CPF accounts.
They would have received instructions on how to set up an account in order to receive Medisave top-ups.
Pioneers will receive their Pioneer Generation card in the mail by September.
They can then use the card at all participating health institutions.
The Health Ministry said these institutions will have the pioneers' details in their computer systems by September, when the scheme kicks in.
But Chairman of the Government Parliamentary Committee for Health Chia Shi-Lu is urging for more to be done.
He said some seniors may not have their cards with them when they visit the doctor.
Dr Chia said: "It may be difficult to expect people to have the PG cards with them at all times.
"I believe that information relating to all the benefits and plans should be integrated with NRIC cards, so that when registration is done, the computer system will pick up on whether they are covered."
- CNA/xq
- wong chee tat :)
Contracting shingles may cost up to S$340: National Skin Centre
Contracting shingles may cost up to S$340: National Skin Centre
The average total bill for treating shingles, along with the economic cost of not working, could cost as much as S$340, according to a study by the National Skin Centre.
Shingles is a rash and can cause long-lasting nerve pain for months or even years.
SINGAPORE: About one in five shingles patients experienced pain for more than one month.
In addition, the average total bill for treatment, along with the economic cost of not working, could cost as much as S$340, according to a study by the National Skin Centre.
The study also found that the duration of pain increases with age.
In one case, a 72-year-old patient who had shingles 12 years ago still experiences pain on a regular basis.
Shingles is a rash and can cause long-lasting nerve pain for months or even years.
There is no cure for shingles and one in three people who had chicken pox will develop shingles in their lifetime.
Vaccination is recommended for people who are above 50 years old.
Dr Pan Jiun Yit, a consultant dermatologist at the National Skin Centre, said: "It affects your sleep quality; it affects your productivity at work and affects your family life.
"And if you have shingles affecting a part of your body that is visible, for example your face, this can also result in cosmetic disfigurement as well."
- CNA/ec
- wong chee tat :)
The average total bill for treating shingles, along with the economic cost of not working, could cost as much as S$340, according to a study by the National Skin Centre.
Shingles is a rash and can cause long-lasting nerve pain for months or even years.
SINGAPORE: About one in five shingles patients experienced pain for more than one month.
In addition, the average total bill for treatment, along with the economic cost of not working, could cost as much as S$340, according to a study by the National Skin Centre.
The study also found that the duration of pain increases with age.
In one case, a 72-year-old patient who had shingles 12 years ago still experiences pain on a regular basis.
Shingles is a rash and can cause long-lasting nerve pain for months or even years.
There is no cure for shingles and one in three people who had chicken pox will develop shingles in their lifetime.
Vaccination is recommended for people who are above 50 years old.
Dr Pan Jiun Yit, a consultant dermatologist at the National Skin Centre, said: "It affects your sleep quality; it affects your productivity at work and affects your family life.
"And if you have shingles affecting a part of your body that is visible, for example your face, this can also result in cosmetic disfigurement as well."
- CNA/ec
- wong chee tat :)
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