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Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
Foreign-sourced dividends, foreign branch profits and foreign-sourced service income remitted into Singapore on or after 1 June 2003 by a Singapore resident company will be tax exempt if: [5] the headline tax rate of the foreign country from which income is received is at least 15 percent in the year the income is received, and
The company's Singapore-based petroleum unit, Petro-Diamond Singapore, incurred losses of approximately $90 million (13.2 billion yen) from derivatives trading. This incident occurred when a trader who was responsible for crude oil derivatives for China allegedly manipulated the unit's risk management system and conducted unauthorized trades ...
Card-based, can be upgraded to SimplyGo at Station Machines, tops up at Station Machines 3 or ATMs, displays fares and balances at station gates or bus readers, concessionary travel, or purchase of one month's unlimited rides for a discounted fee, as applicable to prescribed categories, permits retail and motoring use.
MITSUBA Corporation (株式会社ミツバ, Kabushiki-gaisha MITSUBA) or simply MITSUBA, is a Japanese manufacturer of automobile parts including electrical components for wiper systems, door mirrors, power window motors, fuel pumps, and pressure regulators. [4] Mitsuba is listed on the Tokyo Stock Exchange and as of March 2014, comprises 47 ...
The Singapore Civil Service is the bureaucracy of civil servants that supports the Government of Singapore. Along with the Singapore Armed Forces (SAF), statutory boards, and other independent government bodies, the civil service makes up the overall public service of Singapore. [1] As of 2022, the civil service has about 87,000 employees. [2]
Cost to Serve (CTS or C2S) is an accountancy and financial planning tool used to calculate the profitability of serving the needs of a particular customer account, based on the actual business activities and overhead costs incurred in servicing that customer or customer type. [1]
The monthly salary was not adjusted until 1973, when ministerial pay was revised and the prime minister's salary was increased to S$9,500 (equivalent to $40,353 in 2022) a month. The justification given by then prime minister Lee Kuan Yew was to help select new leaders amidst a better economic position.