Business and Money Tips

The Business Times on 18 Sep 2015 reported that because of falling August domestic exports, Singapore could be entering into a technical recession soon. Many people asked me what they should do.  We have already seen a large swing towards the ruling party in the just concluded 2015 General Elections. Singaporeans sent a strong mandate to the ruling party as they want the government to be strong in handling the recession that may come. So it seems that a recession is imminent. Instead of panicking when the recession comes, why not we ‘prevent’ the recession from happening to us?  In other words, can we ‘recession proof’ our career?  The proven way to recession proof your career is to go for upgrading courses, for when you know more, the easier your job will be. Some will tell you to stick to your current employer, for at least you may get some retrenchment benefits in case your employer gives you the pink letter. Recruitment firms advise employees to look out for other job