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KUALA LUMPUR: Singapore authorities have issued a stern warning to businesses against hiring foreign freelancers for creative services, emphasising that such arrangements violate national employment regulations and undermine local professionals. According to Singapore’s Ministry of Manpower (MOM) and the Visual, Audio, Creative Content Professionals Association (Vicpa) released a joint statement on September 11, explicitly prohibiting companies from engaging overseas freelancers in photography, videography, makeup, and related creative fields. The advisory specifically addresses foreigners entering Singapore on tourist or student visas, clarifying that these individuals are legally prohibited from providing commercial services to local clients. Companies are equally forbidden from hiring…

Banking giant UBS is ramping up its threats to leave Switzerland and set up shop in the US — a radical response to Swiss regulators who have proposed onerous new capital requirements on the financial behemoth, The Post has learned. Executives at the 162-year-old Swiss bank — led by highly regarded Chairman Colm Kelleher and CEO Sergio Ermotti — have even recently met with Trump administration officials to prepare for the possible seismic strategy shift that could include the purchase of a US bank or a merger, according to people close to the matter.  The new capital requirements would force UBS to increase…

As a homes editor, I spend a lot of time talking with designers about the things they think are worth spending a little extra money on. From sofas to lighting, there are lots of items in your home where quality does take priority. But let’s be real: the rising cost of living and the inability to stretch a dollar like we once could mean that a lot of us are looking for low-lift ways to upgrade our homes without spending much money at all. I’m here to help you get prioritize your “freshen up your home” to-do list. Below, I’m…

Banks have threatened to increase credit card fees and make it harder to earn rewards if the Reserve Bank of Australia’s proposal to ban card surcharges goes ahead.Is this the end of credit cards, which are already being used less frequently? And what will become of loyalty programs?Bank backlashThe RBA, which oversees the payments sector, wants surcharges eliminated for debit and credit payments, a recommendation welcomed by consumer groups.Card charges have become increasingly unpopular in recent years, with shoppers regularly paying fees on everyday transactions regardless of whether they use a debit or a credit card.In submissions made public this…

Business Insider – Latest News in Tech, Markets, Economy & Innovation Business Insider Exclusive Elon Musk’s xAI lays off hundreds of workers tasked with training Grok 4 min read ‘We are in a gigantic price bubble’: Famed economist warns extreme stock valuations point to negative returns ahead 3 min read Charlie Javice takes ‘full responsibility,’ asks for mercy ahead of JPMorgan Chase fraud sentencing 3 min read O, Canada! Americans — and their businesses — miss their neighbors up north 7 min read Exclusive AT&T tracked employee attendance to find ‘freeloaders.’ Now, it admits the system is driving workers to the ‘brink of frustration.’…

Market watchers are all aflutter this week over whether the Federal Reserve will lower interest rates, and if so, by how much. For most investors, these announcements trigger short-term jitters: stock charts flicker, bond yields shift, and pundits rush to predict what will happen in the coming days. But for Warren Buffett, whose investing horizon stretches far beyond the trading desks of Wall Street, the question of interest rates plays a different role entirely. If you study Buffett’s career, a consistent theme emerges he looks for great businesses to buy and hold for the long term. His edge is not…

SINGAPORE – Companies in industries such as those involving photography, videography and make-up services are not allowed to engage foreign freelancers for clients in Singapore. In a joint advisory to industry stakeholders on Sept 11, the Visual, Audio, Creative Content Professionals Association (Singapore), or Vicpa, and the Ministry of Manpower (MOM) said: “Foreigners on tourist or student visas are not allowed to perform such work in Singapore, and companies cannot engage them to provide services to clients, nor promote their services.” This follows information received by MOM that some companies have engaged foreign freelancers to provide creative services for weddings…

For years my pension had been invested in a fund that was managed by Standard Life, but after being disappointed with the performance, I decided to take matters into my own hands.In March last year I invested my £73,926 pension in four funds through Standard Life’s website. One was the SL Aviva Investors Property Pension fund.I invested £14,785 in this fund (and a total of £59,141 in the three other funds) but, unknown to me, it was actually closed to investors. Even though the fund had stopped trading, Standard Life somehow let me buy shares. At the end of May…

This as-told-to essay is based on a conversation with Cameron Gurr, a 33-year-old former Disney employee who lives in California. Business Insider has verified Gurr’s employment history and earnings with documentation. The following has been edited for length and clarity.I started at Disney in 2011 with an eight-month internship as a cast member. My end goal was to go back after finishing my degree and rise through the company’s ranks.When I was young, my parents took me to Disneyland. I was wearing a pair of Mickey ears, and I remember seeing Mickey Mouse go by on his train float. He…

Leighanne Safford and her husband, Lorry, pay just $278 a month for health insurance. But starting Jan. 1, their monthly premium could jump to as much as $1,800.Safford’s family is among the millions who could be forced to pay hundreds of dollars more for their health insurance premiums next year as enhanced Affordable Care Act subsidies expire at the end of December.The enhanced subsidies were put into place under the 2021 American Rescue Plan, which made ACA plans affordable for many middle-class families. The Inflation Reduction Act of 2022 extended the subsidies through 2025.The Republican-controlled Congress, however, didn’t extend the…