Thursday, 26 September 2024

[Post 469] China's Ticking Pension Time Bomb: When Young People Give Up On Saving For Retirement | Money Mind





Summary

China is facing a pensions time bomb, with warnings that the state pension fund will run out of money by 2035. But just when China needs its workers to work longer and save more, some young Chinese are doing the very opposite. 

[Post 467] Market Correction Or Bear Market? How To Spot The Warning Signs | Money Mind | Investment





Summary

As world markets brace for volatility, how can investors navigate selloffs? 

Thursday, 19 September 2024

[Post 466] Ask Work It: Why did HR withdraw a job offer?





Summary

After months of anticipation, you finally hear back from HR only to learn that the indicative job offer has been withdrawn. What might have caused such a u-turn and could you have done anything different? 

[Post 465] Singapore to ration electricity as a 'last resort' during emergencies





Summary

The Energy Market Authority will ration Singapore's electricity supply during an emergency, but this will be done as a "last resort". This is among new measures to ensure the country's energy security and stability. A central gas buying entity (Gasco) will also be formed by year-end. Fully owned by the government, it will undertake all future natural gas contracts. MPs questioned if this would hinder the freedom of current generation companies to decide who they buy from. Singapore's power sector currently needs around six to seven million tonnes of natural gas annually. Nasyrah Rohim reports.

Monday, 16 September 2024

[Post 463] Sightseeing train in Japan to offer passengers a taste of Singaporean cuisine





Summary

A sightseeing train in Japan connecting Tokyo and Saitama prefecture will offer passengers a taste of Singaporean cuisine from January. The Singapore-themed train, where they will be served Singaporean culinary delights while enjoying the changing seasonal scenery of Japan from their window, will run for three months. The tie-up between Seibu Railway and Singapore Tourism Board (STB) seeks to promote awareness of rural Japan to visitors, while encouraging more Japanese to travel to Singapore. CNA's Michiyo Ishida reports.

Sunday, 15 September 2024

Saturday, 14 September 2024

[Post 461] Gen Z internship race: Fear of missing out or path to success? | Work It podcast






Summary

There is a growing trend of university students juggling multiple internships, even taking time off school to get valuable experience and a foot in the door of industries. Undergraduates Syauqina Amalyn and Toh Yan Yun explain their hustle mentality.