CHINA BITES Singapore, the world's most trade dependent economy, has reported that non-oil domestic exports (Nodx) slipped 15.9 per cent year on year in May, the biggest drop in more than three years as electronic exports plunged. The decline beat analysts' forecasts of a 18.7 per cent contraction, as polled by Bloomberg. But it was larger than the 11.8 per cent drop in March and 10 per cent fall in April. Trade is roughly 300 percent of Singapore’s gross domestic product, underscoring its importance to the local economy. The largest contributors to the Nodx decline were China (-23.3 per cent), Taiwan (-34.7 per cent) and Hong Kong (-24.8 per cent). Correspondent Joanna Seow says that on a month-on-month seasonally adjusted basis, Nodx rose by 6.2 per cent in May, following the decline of 0.7 per cent in the previous month. Meanwhile, as the US-China trade war proceeds factories in Singapore are seeing reduced activity amid slowing orders and some firms have stopped hiring, says … [Read more...] about Asian Insider June 17: The China syndrome
Taiwan doctor salary
Pol Lt-General Withoon Nitiwarangkul, director of Police General Hospital, where Pol Lt Colonel Dr Anchulee (Teerawongpaisan) Phetcharat – colloquially known as Dr Air – serves in the Department of of Psychiatry and Drug Dependence, said on Friday he had instructed public relations officials at the hospital to look into the matter. Their findings would determine whether Anchulee violating any rule, he said, and if so, would lead to an official probe. Withoon stressed that there was no fact-finding or disciplinary probe underway as yet. Medical Council secretary-general Dr Itthiporn Khanacharoen said his agency was checking whether Anchulee’s “personal post” online had breached medical professional ethics. Anchulee, who gave birth to a son earlier this month, drew criticism after posting a photo of herself pregnant on May 14 with a message inscribed on her belly in Thai. The caption invited interested mothers-to-be to give … [Read more...] about Police doctor in trouble over US birth-right tip
THIS year marks the 24th anniversary of Taiwan’s implementation of universal health coverage. Taiwan’s National Health Insurance (NHI) covers the full spectrum of essential and high-quality health services, from prevention and treatment to rehabilitation and palliative care. In the 1960s, Taiwan’s progressive health sector began including labourers, farmers, and government employees into its health insurance system. It is now widely regarded as one of the best in the world. The NHI is ranked 14th in the 2017 Global Access to Healthcare Index of The Economist, and ninth in the 2018 Health Care Efficiency Index of Bloomberg Finance. The success of Taiwan’s NHI can be attributed to several key factors. First, it adopted a single-payer model with contributions from individuals, employers, and the government. A supplementary premium is also charged based on payers’ income levels. Second, to control medical expenses, a budget payment system was adopted to set … [Read more...] about Taiwan’s advances in digital healthcare
Lifestyle Dwayne Johnson, Robert Downey Jr, Gal Gadot, and Emily Blunt make the list of top earners, as Variety reveals 2019 Hollywood salaries. 01 May 2019 09:59AM (Updated: 01 May 2019 10:12AM) Bookmark It’s Hollywood, baby. Where marquee stars take home hefty pay cheques with more zeros than might actually fit on a cheque.Margot Robbie, Gal Gadot, Leonardo DiCaprio and Brad Pitt are reportedly raking in upwards of US$10 million (S$13.6 million) for their upcoming projects, among them Birds of Prey (Robbie is also a producer for the film), Wonder Woman 1984 and Once Upon a Time in Hollywood.But in the grand scheme of things in Hollywood, US$10 million is just a drop in the ocean. These actors and actresses aren’t Hollywood’s top earners. So who made it to the top of the list?Here are the top earners, according to Variety.RYAN REYNOLDS: US$27 million for Six Underground/Netflix (release date TBC)DWAYNE JOHNSON: US$20 million … [Read more...] about Star salaries: Ryan Reynolds is getting paid more than DiCaprio and Pitt combined
All male Singaporean citizens and second-generation permanent residents must serve in the Singapore Armed Forces for at least 24 months. While many gain valuable lessons from their service, such as teamwork, responsibility, and time management, it is true that one receives minimal compensation and experiences limited freedom. However, how does Singapore's obligatory military service actually compare to those of other countries? HIGHEST MONTHLY ALLOWANCE While Singapore's monthly allowance is the highest at face value.Currently, Corporal First Class, the highest rank for enlistees, receives S$670 a month. In comparison, in Korea and Taiwan, equivalent ranks receive S$487 and S$317 respectively. However, when comparing monthly allowance to GDP ratio, it becomes evident that Singapore's salary structure is lower relative to its average income. For example, relative to its GDP, Singapore's ratio stands at 9.56 per cent, which is significantly lower than Korea's 12.99 per cent and Taiwan's … [Read more...] about National service forces: How does Singapore compare to South Korea and Taiwan?