Pact to help ex-offenders find F&B jobs
Former offenders could get more employment opportunities in the food and beverage (F&B) industry, with the Singapore Corporation of Rehabilitative Enterprises and the Restaurant Association of Singapore due to sign a memorandum of understanding. The agreement will see both parties work to help ex-offenders secure jobs and stay in the industry.
Asean Foreign Ministers Meeting
China's reclamation projects in the South China Sea may come under intense scrutiny at the 48th Asean Foreign Ministers Meeting, which will start today in Kuala Lumpur. An anonymous senior US official urged Asean members to express their concerns to China directly, while Chinese Vice-Foreign Minister Liu Zhenmin played down the disputes yesterday, saying the forum is for promoting cooperation instead of sowing enmity.
Australia likely to hold interest rates
Australia's central bank is expected to leave interest rates unchanged at a record low of 2 per cent at today's board meeting.
Governor Glenn Stevens has already cautioned against stoking excessive borrowing by cutting rates amid a heating property market and rout in commodity prices. Slowing population growth and an economy which has not expanded faster than 3 per cent in six of the past seven years are adding to Australia's woes.