CNA Singapore

Singapore's Aerospace Industry Set to Soar with 2500 New Jobs, Air Force Gets a New Chief, and Tax Schemes Demystified

Discover how Singapore's aerospace industry plans to hire 2500 workers, the air force's new leader, and the tax scheme simplification

In the hustle and bustle of Singapore's economy, the aerospace industry is preparing to take flight with plans to onboard more than 2500 new employees in the coming years. The Economic Development Board (EDB) is orchestrating this grand recruitment drive, creating opportunities for job seekers to navigate the skies of success.

Amidst the buzz, a new leader is set to take the reins of the Singapore Air Force on March 22. Brigadier-General Kelvin Fan is gearing up to soar to greater heights as the Chief of Air Force, an exciting development announced by the Ministry of Defence (MINDEF) on a manic Monday, stirring conversations among both aviation enthusiasts and military aficionados.

On a lighter note, CNA dives into the intricacies of tax schemes with a whimsical yet insightful piece explaining Singapore's new Refundable Investment Credit. With terms like base erosion and profit shifting floating in the air, Tang See Kit from CNA demystifies the complex jargon, offering a refreshing take on navigating the tax landscape with a touch of humor and simplicity.

In the midst of these eclectic narratives, Singapore's dynamic landscape continues to evolve, blending the worlds of job opportunities, military leadership transitions, and tax complexities, creating a vibrant tapestry of growth and innovation.

Did you know that Brigadier-General Kelvin Fan, the incoming Chief of Air Force, is known for his love of aviation trivia? He holds the record for identifying every aircraft in the Singapore Air Force fleet in under three minutes during a team-building exercise. Additionally, the Economic Development Board (EDB) has a quirky tradition of naming meeting rooms after famous aircraft models, adding a touch of aviation nostalgia to their strategic discussions.