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The water resources of Singapore are especially precious given the small amount of densely settled land. Singapore receives an average of 2,400 mm of rainfall annually, well above the global average of 1,050 mm. The constraint is the limited land area to catch and store the rainfall, and the absence of natural aquifers and lakes. [11]
As of 8 June 2013, Singapore's unemployment rate is around 1.9% and the country's economy has a lowered growth rate, with a rate of 1.8% on a quarter-by-quarter basis—compared to 14.8% in 2010. 2015 and 2016 saw a downturn for the nation as GDP growth shrunk to just 2 percent.
On top of that, Maersk receives an unknown amount of state aid through the so-called DIS scheme, which allows the shipping company to pay tax-free salary to the crews, [88] and thereby the tax saved then accrues to the shipping companies as state aid in the form of lower labor costs, which for the four years 2017–2020 are calculated at DKK ...
The 4% rule is designed to make your retirement savings last for 30 years. For example, if you retire at age 65 with $1 million in savings, the rule suggests you can withdraw $40,000 per year ...
Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-edge technology, a Reuters survey ...
The Biden administration is imposing tariffs on steel and aluminum shipped from Mexico that were made elsewhere — an attempt to stop China from avoiding import taxes by routing goods through one ...
The history of the modern state of Singapore dates back to its founding in the early 19th century; however, evidence suggests that a significant trading settlement existed on the island in the 14th century. The last ruler of the Kingdom of Singapura, Parameswara, was expelled by the Majapahit or the Siamese before he founded Malacca.
The normal flagdown fares varies from $3.90 to $4.10. Waiting can be done at $0.24 for every 45 seconds or less, booking can be done at $2.90 or $3.30. The peak hours are from Monday to Friday, 6am - 9.30 am and 6.00 pm - 12.00 am, and has a surcharge of 25% of the metered fare.
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