Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore is implementing new EP/S Pass policies in 2026, raising salary thresholds, restricting foreign quotas, and strengthening job approvals. Companies need to focus on the compliance of contract texts, job matching, and supporting documents. Building a sound compliance system and planning ahead are crucial to adapt to the new regulations and smoothly attract talent. Businesses should proactively conduct compliance self-checks to ensure they meet the upcoming requirements and avoid potential penalties. Early preparation is key to navigating the evolving landscape of Singapore's foreign workforce regulations.

01/26/2026 Logistics Industry Insights
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Maybank Singapore SWIFT Code Guide

Maybank Singapore SWIFT Code Guide

This article provides a detailed guide on how to find the SWIFT code for Maybank Singapore Limited, offering practical tips for international remittance and highlighting the advantages of using Xe for transfers. It also reminds users to verify information before making transactions to ensure successful completions, making it a valuable reference for those needing to send money internationally.

08/11/2025 International Settlement
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US Service Sector Growth Cools in May Amid Employment Concerns

US Service Sector Growth Cools in May Amid Employment Concerns

The US Services PMI for May indicates a slowdown in growth, though the sector remains in expansion. Key concerns include a contraction in employment indicators and an accumulation of inventories. Experts suggest an uncertain economic outlook, but the resilience of the service sector provides support. Attention should be paid to inflation, the labor market, and adjustments in business inventories. The slowing growth coupled with inventory issues suggests potential headwinds for the broader economy despite the sector's continued expansion.

01/20/2026 Logistics Industry Insights
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Standard Chartered Singapore SWIFT Code Explained

Standard Chartered Singapore SWIFT Code Explained

This article provides a detailed overview of the SWIFT code SCBLSG22XXX for Standard Chartered Bank (Singapore) branch and its significance in international remittances. Using the correct SWIFT code can save time, reduce the risk of errors, and ensure that funds arrive safely and promptly. A case study from a customer is included to emphasize the importance of verifying bank information.

08/13/2025 International Settlement
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Maybank Singapore SWIFT BIC Code Explained

Maybank Singapore SWIFT BIC Code Explained

This article presents the SWIFT/BIC code MBBESGS2XXX for Malayan Banking's Singapore branch. It elaborates on the significance of the code and provides specific information about the bank, ensuring that funds can be accurately and securely transferred to the designated account during international transactions.

08/21/2025 International Settlement
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