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Business 01 Mar 2021 | 7:00 AM

Corporate-tax proposal in Senate stokes economists’ concern

WASHINGTON: A fresh initiative in the US Senate to put a tax penalty on big companies as a way of forcing higher minimum wages prompted a sceptical reaction among economists including a top adviser to former President Barack Obama.

Business 23 Feb 2021 | 7:00 AM

On the right footing

SINGAPORE: Singapore’s progressive wage model is a sustainable one which has worked well, said Deputy Prime Minister Heng Swee Keat, in highlighting the importance of getting various parties to work together to roll it out to more sectors.