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The July 1st Shift: Navigating the New Wage Roadmap for Singapore’s F&B Leaders If you have been keeping an eye on the news, you probably saw the recent announcement from the Ministry of Manpower. The government has officially accepted a new three-year schedule of wage increases for the food services sector [1]. Starting on 1st July 2026, over 53,000 workers; from drink stall assistants to waiters and cooks will see their first in a series of annual pay raises [3]. For an entry-level worker,...

The landscape of corporate governance is undergoing a material and accelerating shift. Change is the new normal for boards of directors, driven by rapid technology shifts, especially Artificial Intelligence, geopolitical volatility, evolving regulatory enforcement, and steadily rising stakeholder expectations. Today, board members are not just passive advisors who gather a few times a year to review historical financial statements. They are highly active and strategic partners. They must...

The Corporate and Accounting Laws (Amendment) Bill (the “Bill ”), which will come into effect from April 2026 , makes amendments to the Accounting and Corporate Regulatory Authority Act 2004, the Accountants Act 2004, the Companies Act 1967 (“ CA ”), the Insolvency, Restructuring and Dissolution Act 2018, the Limited Liability Partnerships Act 2005, the Limited Partnerships Act 2008 and the Variable Capital Companies Act 2018. The Bill also makes consequential and related amendments to the...