The first half of 2024 has been marked by mass retrenchment exercises by major companies in the technology and finance sectors worldwide. The same has been observed in Singapore, although the layoffs have occurred in the wholesale trade and electronics manufacturing space as well. There has also emerged a TikTok trend of Gen Z employees …
Introduction The artificial intelligence (AI) revolution has emphasised the strategic importance for businesses to integrate AI capabilities to enhance business efficiencies, capabilities and offerings whilst managing the attendant risks. The AI industry has witnessed a surge in mergers and acquisitions (M&A) activity totalling US$31.2bn across 362 transactions between 2021 to 20231, whilst NVIDIA (NASDAQ: NVDA), …
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Why do business in Singapore? The question you should be asking is: ‘why not?’ Singapore continues to lead the way as the world’s best place to do business and boasts a business-friendly environment and competitive tax regime, making it an attractive destination for businesses looking to expand in the Asia Pacific region – Economic Intelligence …
Are there any emerging trends or issues in white-collar crime law in Singapore that UK companies should be aware of?
Today’s dynamic and digitalised business environment obliges companies to protect its workforce, confidential information and trade connections; and a common way is to rely on non-compete clauses in employment contracts. One prime objective is to prevent key employees who have left the company from engaging in activities which would otherwise unduly interfere with or prejudice …
Continue reading “Non-compete clauses in Singapore – issues to consider”