
Apple ranks first among Singapore's best employers
Singapore's Best Employers 2025 ranks the top 250 firms among companies and institutions with at least 200 employees. — The Straits Times
SINGAPORE: Tech giant Apple has retained its ranking as Singapore's best employer in an annual league table compiled by The Straits Times and global research company Statista.
Rounding up the top five are Asia Pacific Breweries Singapore (Heineken Asia Pacific), BMW Group Asia, The Lego Group and GSK.
Singapore's Best Employers 2025 ranks the top 250 firms among companies and institutions with at least 200 employees.
It is based on an online survey conducted in October and November 2024 that allowed eligible employees to recommend their own company as well as other employers within the same sector.
The survey attracted responses from about 14,000 staff from 2,000 or so organisations in 27 sectors.
The sector with the most number of employers was government services, with 24 on the top 250 list this year, said Statista analyst Wu Ruoh-Yiang.
The sector includes ministries and statutory boards.
Topping the government services sector list was the Singapore Civil Defence Force at 81st overall, followed by sovereign wealth fund GIC (83) and the Defence Science and Technology Agency (90).
Wu noted that there has been a steady increase in the number of awardees within the government services sector over the past five years.
'This strong showing may be linked to Singapore's global reputation for government excellence,' she said. — The Straits Times/ANN

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
6 hours ago
- The Star
France's Mistral unveils its first 'reasoning' AI model
The AI was designed for "general purpose use requiring longer thought processing and better accuracy" than its previous generations of large language models (LLMs), the company added. — Pixabay PARIS: French artificial intelligence startup Mistral on Tuesday announced a so-called "reasoning" model it said was capable of working through complex problems, following in the footsteps of top US developers. Available immediately on the company's platforms as well as the AI platform Hugging Face, the Magistral "is designed to think things through – in ways familiar to us," Mistral said in a blog post. The AI was designed for "general purpose use requiring longer thought processing and better accuracy" than its previous generations of large language models (LLMs), the company added. Like other "reasoning" models, Magistral displays a so-called "chain of thought" that purports to show how the system is approaching a problem given to it in natural language. This means users in fields like law, finance, healthcare and government would receive "traceable reasoning that meets compliance requirements" as "every conclusion can be traced back through its logical steps", Mistral said. The company's claim gestures towards the challenge of so-called "interpretability" – working out how AI systems arrive at a given response. Since they are "trained" on gigantic corpuses of data rather than directly programmed by humans, much behaviour by AI systems remains impenetrable even to their creators. Mistral also vaunted improved performance in software coding and creative writing by Magistral. Competing "reasoning" models include OpenAI's o3, some versions of Google's Gemini and Anthropic's Claude, or Chinese challenger DeepSeek's R1. The idea that AIs can "reason" was called into question this week by Apple – the tech giant that has struggled to match achievements by leaders in the field. Several Apple researchers published a paper called "The Illusion of Thinking" that claimed to find "fundamental limitations in current models" which "fail to develop generalizable reasoning capabilities beyond certain complexity thresholds". – AFP


The Star
a day ago
- The Star
Singapore's projected carbon tax revenue for 2024 lower than expected after five-fold hike in tax rate
SINGAPORE: The revenue collected from Singapore's carbon tax for 2024 – the year the tax rate went up to five times from before – is projected to be about S$642 million, The Straits Times has learnt. This is up from the roughly $200 million in yearly revenue collected when the tax rate was $5 per tonne of emissions from 2019 to 2023. In 2024, the tax rate rose to $25 per tonne of greenhouse gas emissions. Assuming emissions that year remained at levels similar to previous years, the total tax revenue should be about $1 billion. One expert has suggested that the lower-than-expected carbon tax revenue is likely due to allowances given to trade-exposed emitters to help them stay competitive. There are roughly 50 facilities in Singapore liable for the carbon tax, mainly from the manufacturing, power, waste and water sectors. These emitters are responsible for about 70 per cent of total national emissions. Singapore's total national emissions ranged between 53.87 million tonnes and 58.59 million tonnes annually from 2019 to 2022. The revenue from carbon tax collected has also been consistent. In response to queries, a Singapore government spokesperson told ST the $642 million was estimated based on several factors. The higher revenue reflects the higher carbon tax rate, but also takes into account several other factors, said the spokesperson. '(This includes) the projected emissions by taxable facilities, the use of international carbon credits to offset carbon tax liabilities, and transitory allowances for eligible companies in the emissions-intensive, trade-exposed sectors,' the spokesperson added. The $642 million estimate was reflected in the Budget 2025 revenue and expenditure estimates document. The tax is expected to be collected by end-September. Transitory allowances refer to the 'carbon tax relief' given to eligible companies here that face strong competition globally. Such companies may come from the chemicals, electronics and biomedical manufacturing sectors, and allowances may be offered to help them adjust to the higher tax rate and safeguard their business competitiveness. It is not clear how many firms have received this reprieve. The quantum of the allowances was also never revealed, although Reuters reported in 2024 that refiners and petrochemical companies were offered rebates of up to 76 per cent for the carbon tax for 2024 and 2025 to help them ease cost strains and remain competitive. In 2024, then Second Minister for Trade and Industry Tan See Leng said the Government will, at an appropriate time, release aggregated information on the amount of allowances provided. On the use of international carbon credits, major emitters are allowed to use eligible credits to offset up to 5 per cent of their emissions each year. ST earlier reported that the Government was allowing firms to roll over their unused offset limit in 2024 to 2025, owing to a constrained supply of quality carbon credits in 2024. To date, no tax-paying company has notified the authorities of its intent to use carbon credits to offset its tax, the Ministry of Sustainability and the Environment and the National Environment Agency told ST. This means none of the emitters has used carbon credits in 2024. Firms that wish to roll over their offset limit must pay their full carbon tax in 2024. If they plan to roll over the limit, they can offset 5 per cent of the total quantum of 2024's emissions in 2025, on top of offsetting 5 per cent of 2025's emissions. By making fossil fuel use costlier, a carbon tax incentivises large emitters to switch to cleaner energy, improve efficiency or adopt low-carbon technologies. The government spokesperson said: 'The carbon tax provides an economy-wide price signal and impetus to improve energy and carbon efficiency in all sectors, and enhances the business case to invest in low-carbon solutions. It is a key part of Singapore's comprehensive suite of mitigation measures, and underpins the implementation of other decarbonisation initiatives.' The carbon tax rate will go up to $45 a tonne in 2026 and 2027, with a view to reaching between $50 and $80 a tonne by 2030. The tax revenue is used to fund expensive decarbonisation solutions, help businesses be more energy-efficient, and cushion the impact of higher costs on households, Minister for Sustainability and the Environment Grace Fu said in a parliamentary reply in 2024. Singapore Management University associate professor of finance Liang Hao said it is reasonable to conclude that the allowances were a major contributor to the lower-than-expected tax revenue projection for 2024. 'While other factors like emissions levels do play a role, the scale of the shortfall – roughly $350 million to $400 million – strongly suggests that transitional allowances are the primary factor,' he added. Climate policy observer Melissa Low said: 'The Government would have likely assessed that the loss of competitiveness from the higher carbon tax is greater than the loss of carbon tax revenue. So, this is an example of a trade-off being decided within the Government.' Senior research fellow Kim Jeong Won from the NUS Energy Studies Institute noted that other countries with a carbon tax regime have also been offering similar allowances. For example, Sweden's manufacturing companies that face tough competition have enjoyed a discount of more than 50 per cent on carbon tax for around two decades. When asked how allowances impact the carbon tax regime, Dr Kim said such rebates can weaken the emissions-reducing effect of a carbon tax because companies can choose to just pay the tax if that is easier and less costly than decarbonising. She added that the allowances might be unavoidable in the early stage of carbon tax implementation. But there are countries with a longer carbon tax history that have phased out or plan to reduce such 'discounts' on emitters. 'Thus, Singapore also needs to consider how to gradually reduce the current transitory allowances while maintaining economic competitiveness,' added Dr Kim. Low, a research fellow at the NUS Centre for Nature-based Climate Solutions, said it is too early to tell the effectiveness of Singapore's carbon tax. 'I'm hesitant to say the carbon tax regime is rendered less effective due to the allowances, because there are a lot of factors that would go into such calculations,' she added. Prof Liang, who is also co-director of the Singapore Green Finance Centre, added: 'Going forward, greater transparency around the volume and recipients of transitory allowances could help build public trust and reinforce the credibility of Singapore's climate commitments.' - The Straits Times/ANN


Malaysian Reserve
a day ago
- Malaysian Reserve
Apple's macOS Tahoe to be final operating system to work on Intel Macs
APPLE Inc.'s new macOS Tahoe 26 will be the final Mac operating system software that will work on Macs running Intel Corp. processors, the company said Monday following its developer conference. The announcement marks the beginning of the end of support for the legacy systems based on Intel's chips, which Apple first shipped about 20 years ago. The Cupertino, California-based company started replacing Intel-based Mac PCs with computers running its own Apple Silicon semiconductors at the end of 2020. Apple said it will still provide smaller software updates for supported Intel Macs for two years. The Tahoe 26 OS unveiled Monday supports Intel Macs as old as the Mac Pro and some high-end MacBook Pros released in 2019. The company made the disclosure during its developer keynote following the consumer announcements at its annual Worldwide Developers Conference, as well as in briefings with reporters from its headquarters. –BLOOMBERG