Rising Career Opportunities in Singapore: In-Demand Industries for 2023

According to LinkedIn, Singapore is experiencing a growing demand for jobs that assist companies in digitizing and expanding during economic volatility. The latest data from LinkedIn’s Jobs on the Rise highlights a significant increase in hiring for growth specialists, technical positions, and healthcare professionals in Asia, indicating that these jobs are expected to continue growing throughout 2023.

It’s important to note that employers and clients have diverse needs, which can influence the demand for different types of jobs. Occupations in high demand offer excellent potential for career growth, better income, and job security compared to less popular jobs. Therefore, staying informed about these in-demand jobs can help you effectively plan your career and develop the necessary skill set to succeed in your desired field.

1. USER EXPERIENCE DESIGNER

Despite the challenging macroeconomic conditions that led to waves of tech layoffs in Southeast Asia last year, such as those experienced by GoTo Group in Indonesia, Sea Group and Carousell in Singapore, the demand for tech workers remains strong. Experts predict that this year will serve as a transitional period for the tech industry, with a potential return to more normal hiring levels. Anchal Chhabria, a representative from LinkedIn, remains optimistic and states that the overall demand for tech workers remains robust, with individuals transitioning to new positions both within and across the industry.

User Experience (UX) Designer

National average salary: $5,194 per month

Primary duties: UX designers focus on improving the usability of systems, which may involve enhancing aesthetics and website navigation. They work in collaboration with UI designers to develop digital products that fulfill user needs while providing a pleasant and engaging experience.

2. CUSTOMER SERVICE REPRESENTATIVE

National average salary: $2,569 per month

Primary duties: Customer service representatives play a crucial role in building and maintaining positive customer relationships. They achieve this by answering inquiries and providing guidance on various aspects of a company’s products or services. Many organizations prioritize hiring customer service representatives as they typically serve as the initial point of contact between the business and the customer. Responsibilities may include generating sales leads, answering phone calls, maintaining records of customer interactions, and adhering to communication guidelines and policies.

3. HUMAN RESOURCES SPECIALIST

National average salary: $3,083 per month

Primary duties: Human resources specialists are experts in managing the human resources functions of a company. They may be responsible for maintaining employee records for performance reviews and can recruit, train, and provide support to employees.

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4. COPYWRITER

National average salary: $3,720 per month

Primary duties: Copywriters are skilled writing professionals who create content for various purposes, such as marketing or educational materials. They collaborate with marketing and public relations departments to develop effective marketing materials, and they meet with clients to understand and convey their brand voice and message to the target audience.

5. DATA SCIENTIST

National average salary: $7,406 per month

Primary duties: Data scientists possess expertise in statistical programming and analytical skills to collect, analyze, and interpret large datasets. They utilize various data visualization techniques to present information and offer suggestions or develop solutions based on data analysis.

By keeping yourself informed about these in-demand industries and their associated jobs, you can strategically plan your career path and cultivate the necessary skills to excel in your chosen field.

Sources: 1 & 2

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Find Out How 1.5M Singaporeans Will Receive up to $700 in August

In August 2023, the Singapore government will implement an enhanced Goods and Services Tax Voucher (GSTV) – Cash scheme to assist approximately 1.5 million Singaporeans with their living expenses. This initiative, announced by Deputy Prime Minister Lawrence Wong during the Budget speech earlier this year, aims to alleviate financial burdens by offering cash aid of up to $700. Let’s explore the details of this program and how eligible individuals can benefit from it.

Under the GSTV – Cash scheme, eligible citizens will receive a one-time cash payment in August 2023. Compared to the previous year, the enhanced scheme will provide up to $300 more, with a total potential payout of $700. This initiative is part of the government’s ongoing efforts to support lower-income and elderly Singaporeans by assisting them with their GST expenses and cost of living.

Streamlined Payment Process

To simplify the payment process, the Ministry of Finance (MOF) will replace cheques with GovCash for individuals who have not provided their bank account information or linked their NRICs to PayNow. GovCash recipients will receive a payment reference number at the end of August, which they can use to withdraw their GSTV – Cash and GSTV – Cash Special Payment at OCBC ATMs across the island. Importantly, recipients do not need an OCBC bank account to withdraw the funds at these ATMs.

Furthermore, GovCash recipients can utilize the LifeSG app for payments to merchants by scanning PayNow or NETS QR codes. They can also transfer funds to their bank accounts through PayNow if they subsequently register for PayNow-NRIC. These measures aim to provide convenient and accessible options for individuals to manage their funds effectively.

MediSave Top-ups

In addition to the GSTV – Cash scheme, eligible Singaporean adults aged 65 and above in 2023 will receive MediSave top-ups through the GSTV – MediSave program. Approximately 624,000 individuals will receive up to $450 credited to their CPF MediSave Accounts. This top-up is part of the 5-Year annual MediSave Top-up initiative announced during Budget 2019 and represents the fifth year of contributions. Eligible Singaporeans born on or before December 31, 1969, who do not receive Pioneer Generation or Merdeka Generation benefits will benefit from this scheme.

Future Support

The Ministry of Finance has assured Singaporeans that additional support will be provided throughout the second half of 2023. This includes top-ups to the Child Development Account, U-Save and S&CC rebates, and the Assurance Package Cash.

Checking Eligibility and Payments

Singaporeans who have previously signed up for government disbursement schemes and are eligible for the GSTV scheme can check their allocated GSTV – Cash and MediSave amounts by logging into the official GSTV website using their Singpass. Individuals who have not registered previously will receive notifications via the Singpass app, SMS, or hardcopy letters sent to their NRIC address by the end of August 2023.

To ensure timely payments, individuals should sign up for the GSTV scheme by July 10, 2023, to receive their payment in August. Those who sign up between July 11 and August will receive their payment in September 2023. Individuals who sign up after September will receive their payments by the end of the following month. The deadline for signing up for the 2023 GSTV scheme is April 30, 2024.

Preventing Scams

To safeguard individuals against scams, the SMS notifications sent by “GSTV” will solely provide information about their benefits. Recipients will not be required to reply to the SMS, click on any links, or provide any personal information. It is important to note that no messages regarding GSTV will be sent through WhatsApp or other mobile app messaging platforms.

Image Credits: unsplash.com

BOTTOMLINE

The enhanced GSTV – Cash scheme introduced by the Singapore government aims to alleviate financial pressures and provide essential support to 1.5 million Singaporeans. By providing cash aid of up to $700, the government strives to assist lower- to middle-income individuals in covering their living expenses. With simplified payment methods and future support planned, Singaporeans can access the financial relief they need during these challenging times.

Sources: 1, 2, & 3

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7 Thrifty Tips to Help You Travel in Europe on a Budget

Planning a trip to Europe but worried about your budget? Don’t fret! With careful planning and a few money-saving tips, you can explore the wonders of Europe without breaking the bank.

From affordable accommodations to money-saving strategies, we’ve compiled a list of seven practical tips to help you travel to Europe on a budget. Get ready to embark on an unforgettable journey while keeping your wallet happy.

#1: CONSIDER HOSTELS & LOCAL HOMESTAYS

Finding budget accommodation in Europe is easier than you might think. Hostels are a popular choice, offering not only cost-effective options but also opportunities to meet fellow travelers. Choose dorm rooms instead of expensive hotel suites to share costs and make new friends along the way. Alternatively, consider booking spare rooms in locals’ houses or apartments through platforms like Airbnb and Couchsurfing for a more authentic and economical experience.

#2: SEARCH FOR FREE ACTIVITIES

Check for grammar: Europe is rich in history, culture, and natural beauty, offering plenty of free activities for travelers. Take advantage of free walking tours in cities, which provide an excellent introduction to the area while highlighting major attractions. You can also enjoy the scenic wonders of Europe by going on hikes, strolling along the beach, or having picnics in charming parks—all without spending a dime.

Many museums and galleries offer free admission on specific days or times, so plan your visits accordingly. Try visiting London’s National Gallery and Camden Art Centre, or Paris’ Museum of Fine Arts (Petit Palais) and Museum of Modern Art (Musée d’Art Moderne de Paris).

#3: SPLURGE AT THE LOCAL MARKET

When it comes to food and souvenirs, explore local markets for a budget-friendly experience. These vibrant marketplaces not only offer affordable prices but also immerse you in the local culture. When my husband returned home from Europe, he brought back a dreamcatcher with my name from the streets of London.

Sample fresh produce, indulge in local specialties, and discover unique handicrafts—all at reasonable prices compared to touristy areas. Engaging with local vendors can also provide insights into the region’s traditions and flavors.

#4: TAKE ADVANTAGE OF ONLINE BUNDLE PASSES

Individual admission tickets for various attractions can quickly add up, straining your travel budget. Thankfully, numerous websites offer bundle passes that provide discounted rates on hotels, amusement park tickets, airline travel, and more.

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Take advantage of platforms like Google Flights, Groupon Getaways, TripAdvisor, Expedia, Scott’s Cheap Flights, and Kayak to find bundled deals that can save you significant money while exploring Europe.

#5: EMBRACE PUBLIC TRANSPORTATION

While travelling via cab may seem like the most convenient option, buses and trains are often cheaper and offer unique experiences. Not only do they provide cost-effective transportation, but they also allow you to enjoy scenic routes and immerse yourself in the local culture.

Consider opting for an overnight train journey to save on accommodation costs, as you won’t need to pay for a hostel for that night.

#6: EARN WHILE YOU TRAVEL

Turn your travel dreams into reality by taking advantage of working holiday opportunities. Various seasonal jobs are available in Europe, such as teaching skiing during the winter, or teaching a language.

If your work allows it, freelancing while traveling can also be an option. Earning money while you travel not only provides financial support but also offers unique cultural experiences and the opportunity to connect with locals.

#7: COOK HOMEMADE MEALS

Dining out can be a significant expense while traveling. To save money, opt for affordable lunches from supermarkets or local fresh food markets instead of costly cafes or restaurants. Take the time to explore your options before choosing a place for dinner, as the first restaurant you see might not offer the best value for your money.

Additionally, consider opting for water instead of beer with your meals to save both your wallet and waistline. If available, choose accommodation with kitchen access to cook your own meals and further reduce expenses.

Image Credits: unsplash.com

Traveling to Europe on a budget is not only achievable but also rewarding. By implementing these thrifty tips, you can explore the breathtaking offerings of Europe without burning a hole in your pocket.

Sources: 1 & 2

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Taylor Swift’s Singapore Concert Drives Unprecedented Increase in UOB Card Applications

UOB cardholders enter a room and make the whole world shimmer! UOB has recently announced a remarkable surge of 45 percent in card applications across Southeast Asia. This surge follows the revelation on June 21 that UOB’s credit and debit cardholders would have exclusive access to tickets for Taylor Swift’s highly anticipated The Eras Tour concerts in Singapore.

The news of UOB cardholders enjoying privileged access to Taylor Swift’s upcoming six-day performance in Singapore sparked a wave of anticipation among the public. Jacquelyn Tan, Head of Group Personal Financial Services at UOB, expressed her delight at the “very significant surge” in card application volumes, not only in Singapore but also across the bank’s markets in ASEAN.

SOARING NUMBERS TO REAP EXCLUSIVE PERKS

With this announcement, UOB has granted over seven million customers the exclusive opportunity to attend Swift’s Singapore concert, which will be her only performance in Southeast Asia as part of The Eras Tour next year.

The impact of this announcement has been felt across ASEAN countries, as card applications experienced a notable surge. According to a media statement, the daily average of UOB credit card applications in Singapore, Thailand, Malaysia, Indonesia, and Vietnam during the week of June 21-27 witnessed a remarkable 45 percent increase compared to the preceding weeks of the month. Additionally, debit card applications in Singapore and Vietnam soared by nearly 130 percent.

Examining the demographics of credit card applications approved between June 21-30 in the five ASEAN markets reveals interesting trends. Customers aged 30 to 40 years constituted over one-third of the total applicants, while the 20 to 30-year-old demographic made up almost 32 percent. Among these new credit cardholders, females accounted for the majority at 52 percent. Notably, the UOB One Credit Card emerged as the preferred choice among applicants during this period.

UOB TRENDS IN SINGAPORE

In Singapore, the announcement of Swift’s concert triggered a noticeable shift in the demographics of new cardholders between June 21-27. The proportion of 25 to 29-year-olds increased from 22 percent to 27 percent in the week following the announcement. Moreover, there was a significant increase of almost 10 percent in the proportion of new female cardholders compared to the earlier part of the month when the male-female ratio was nearly equal. The UOB One Credit and Debit Card stood out as clear favorites among new local card applicants in their respective categories.

To accommodate the anticipated surge in card applications, UOB took proactive measures to increase the capacity of the relevant business units responsible for processing these applications.

Image Credits: unsplash.com

TAYLOR SWIFT EFFECT

Swift’s exclusive appearance in Singapore contributes to the nation’s concert frenzy as post-Covid travel resumes. Tickets for Coldplay’s concert sold out within hours of their release, and Hong Kong pop star Jacky Cheung is set to perform for a record-breaking 11 nights. According to travel platform Agoda, accommodation searches in the city-state during Coldplay’s concert dates in January experienced an astounding 8.7-times increase, driven primarily by Malaysia and Indonesia, as stated in a released statement last month. Ultimately, various sectors within the hotel and tourism industry are poised to experience a surge in sales in the upcoming year.

Sources: 1 & 2

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Why Buying Second-Hand Luxury Items Benefits Your Wallet

Are you tired of feeling deceived by knock-off brands and paying exorbitant prices for fast fashion when shopping online? If that resonates with you, it’s time to delve into the world of luxury resale.

During my recent trip to Japan, I had the opportunity to explore second-hand outlet shops in Osaka and Tokyo. I was pleasantly surprised by the positive reception towards buying second-hand luxury items. The Japanese have an interesting belief that possessions acquire their own spirit over time, which can either bless or haunt their owners. To avoid any potential haunting, they choose to either discard or sell items they have owned for an extended period.

While the thrill of unboxing brand-new items is undeniable, many people overlook the fact that they can still enjoy a fantastic experience while simultaneously making an environmental impact by opting for second-hand goods. Join others in embracing the world of second-hand luxury and discover the incredible benefits it offers, including:

#1: HELP THE ENVIRONMENT

Is it possible to save the environment while you shop? Sustainability has become a key focus for everyone, and purchasing second-hand luxury items is a meaningful way to contribute. Excessive consumption has devastating effects on the environment, as buying new items leads to increased production and strains our resources. Opting for second-hand items indirectly reduces the demand for materials like leather, sending a message to the industry.

Choosing to buy second-hand products actively reduces waste and gives items a second life, lowering our carbon footprint. It’s remarkable how second-hand purchases rescue products that could have ended up in landfills. Contrary to common misconceptions, used items are often in excellent condition and fully functional. Many are sold simply because their owners no longer need or want them, making them valuable finds in the second-hand market.

#2: GET TIMELESS STYLE

The beauty of luxury products lies in their timeless appeal. A dear friend of mine owns a vintage Chanel handbag. Despite being decades old, the bag exudes an air of sophistication and elegance that never goes out of style. The bag’s enduring charm serves as a reminder that investing in second-hand luxury allows you to maintain a refined and fashionable look without the fear of appearing dated.

Whether it’s a beautiful bag, elegant jewelry, or high-end clothing, these items have the remarkable ability to transcend fleeting trends. By embracing second-hand luxury, you unlock a world of style possibilities that stand the test of time.

#3: REDUCE COSTS

Unless you have a well-paying job or exceptional personal savings habits, purchasing luxury consumer goods can significantly strain your finances. Luxury items often come with hefty price tags, but the good news is that buying them second-hand can lead to substantial savings.

It’s important to note that used items can still be in excellent condition. In fact, you can discover luxury brands that look brand new but are available at just half the retail price.

During my trip to Japan, I stumbled upon a pre-loved Gucci Abbey D-Ring Shoulder Bag priced at a mere S$250. Considering that it could easily cost around S$950 in online second-hand stores, this was an incredible deal. It’s quite astounding to think about the steep difference between the discounted price and its full retail value.

#4: SHOP EASILY WITH THE SECOND-HAND MARKET

In the past, one of the major hurdles faced by those interested in purchasing second-hand goods was the limited availability of certain items. This often resulted in compromises when trying to save money or contribute to the environment.

However, the game has changed, thanks to the Internet. Nowadays, you have access to expansive online markets that offer a diverse array of items, making it more convenient than ever to find exactly what you’re looking for.

While local thrift shops remain a viable option, searching through international online platforms presents you with the best saving opportunities and an abundance of options.

#5: DISCOVER NEW OPTIONS

Do you play it safe in fashion? By consistently adhering to safe and conventional choices when purchasing new products, you may inadvertently overlook distinctive items that could perfectly suit your needs.

Whether you have an affinity for luxury clothing or bags, you will be astounded by the hidden gems awaiting your discovery in second-hand shops. The alluring aspect of used items lies in their affordable price, as it enables you to explore beyond your comfort zone without incurring substantial financial burdens.

#6: ACCESS LIMITED-EDITION ITEMS

Buying specific, limited-edition items becomes significantly easier in the second-hand market, especially when it pertains to past limited-edition bags or accessories from your favorite brands. These sought-after items are often unavailable in stores but can frequently be found within the realm of second-hand shopping. Moreover, elusive treasures such as the highly coveted Birkin bag, typically beyond the reach of the average shopper, become more attainable when seeking pre-owned alternatives.

Image Credits: unsplash.com

By wholeheartedly embracing the realm of second-hand luxury, you not only save money but also contribute to environmental preservation, all while unearthing unique treasures that bestow elegance and refinement upon your life.

So, what are you waiting for? Initiate your exploration into the boundless possibilities of second-hand shopping today!

Sources: 1 & 2

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