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MOM: Fewer companies in S’pore intend to increase wages and hire in Q4 2024

Fewer companies intend to raise wages in the next three months, according to advance labour market estimates released by the Manpower Ministry (MOM) on October 29. The percentage of companies that plan to raise wages in Q4 fell to 15.6%, from 28.6% for the third quarter. Meanwhile, the intention to hire has also fallen for […]

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