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Beale Infrastructure Cancels Reclaimed Water System Expansion Plans for Tucson
Beale Infrastructure Cancels Reclaimed Water System Expansion Plans for Tucson

Yahoo

time5 days ago

  • Business
  • Yahoo

Beale Infrastructure Cancels Reclaimed Water System Expansion Plans for Tucson

TUCSON, Ariz., August 08, 2025--(BUSINESS WIRE)--Data centers are the physical backbone of the digital world. The people of Southern Arizona rely on this infrastructure daily to check emails, perform critical health and municipal services, enable remote work, stream media and to organize community events. Beale Infrastructure was founded based on the belief that data centers can and should be designed sustainably working in close partnership with communities, and Beale's mission is to push the industry forward to enable a responsible and inclusive digital infrastructure future. Beale was invited by the City of Tucson to engage in a public-private partnership for the sustainable development of data centers called "Project Blue." The city expressed enthusiasm for the transformative impact of Beale's proposed investments to substantially expand reclaimed water infrastructure and invest an initial $3.6B of economic impact and job creation in Tucson's economically disadvantaged southeast area which has been earmarked for industrial development. On May 30, 2025, it was publicly communicated by the City that the concepts for Project Blue strike the appropriate balance for significant economic development without risking the region's water security. Project Blue concepts have been developed in close partnership with the City of Tucson, engineers at Tucson Water, and Tucson Electric Power (TEP) to maximize principles for sustainable data center design, responsible water use and the pursuit of carbon-free energy resources. At full potential buildout, the concept plans for Project Blue entailed use of a small portion of Tucson's reclaimed water portfolio, which Beale committed to replenish drop-for-drop via investments to develop new water sources, fund PFAS remediation projects, remedy system leaks and other initiatives to be enforced by way of a development agreement. Beale participated in a series of open information-sharing sessions to engage with the community and answer questions about Project Blue. On August 6, 2025, the City Council voted to discontinue engagement on the proposed annexation, resulting in the cancellation of Beale's plans for reclaimed water system expansions. Beale supports and actively seeks community feedback for all potential developments and respects the community's input on the proposed use and replenishment from Tucson's water system. Alternative cooling designs have not yet been prioritized for Project Blue based on the City's feedback and desire to see reclaimed water infrastructure expansions, but they are a viable path for data centers to operate in the region with minimal water use. We continue to believe there is a win-win solution to bring this record-breaking investment to Tucson. "We are disappointed in the decision not to pursue this opportunity for Tucson. We partnered closely with municipal engineering teams and Tucson Water to develop plans directly compatible with Tucson's Climate Action and Adaptation and One Water plans," stated Brendan Gallagher, Senior Vice President of Development. "We see it as a missed opportunity for the city, as this project potentially represents tens of millions of dollars in tax revenue, hundreds of millions of dollars in infrastructure to serve the community, and thousands of high-paying local and union jobs." Beale thanks the supporters who are engaged on this opportunity, and we will continue to engage with the Tucson community on the dialogue around sustainable data center development standards and the role these projects can play advancing Southern Arizona's economic and technological future. Beale is evaluating community partnerships, clean energy strategies and digital infrastructure investment opportunities throughout the United States, and we look forward to sharing more announcements soon. View source version on Contacts Tony Burkarttburkart@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Fortis Inc. Releases Second Quarter 2025 Results
Fortis Inc. Releases Second Quarter 2025 Results

Hamilton Spectator

time01-08-2025

  • Business
  • Hamilton Spectator

Fortis Inc. Releases Second Quarter 2025 Results

This news release constitutes a 'Designated News Release' incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. ST. JOHN'S, Newfoundland and Labrador, Aug. 01, 2025 (GLOBE NEWSWIRE) — Fortis Inc. ('Fortis' or the 'Corporation') (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its second quarter results.1 Highlights 'Our strong results for the first half of 2025 reflect the disciplined execution of our capital plan and regulated growth strategy,' said David Hutchens, President and Chief Executive Officer, Fortis. 'Coupled with progress on key regulatory proceedings in Arizona and New York, we are well positioned to achieve our key objectives for the year.' Net Earnings The Corporation reported net earnings attributable to common equity shareholders ('Net Earnings') of $384 million for the second quarter of 2025, or $0.76 per common share, an increase of $53 million, or $0.09 per common share compared to the second quarter of 2024. The increase was driven by rate base growth across our utilities, including earnings associated with FortisBC Energy's investment in the Eagle Mountain Pipeline project, as well as higher earnings at Central Hudson due to the reset of revenue requirement effective July 1, 2024, and the timing of operating expenses in 2025. The higher U.S. dollar-to-Canadian dollar exchange rate also favourably impacted results. The increase was partially offset by the timing of operating costs, the expiration of a regulatory incentive and a lower allowed rate of return on common equity ('ROE') at FortisAlberta, as well as higher holding company finance costs. On a year-to-date basis, Net Earnings were $883 million, or $1.76 per common share, an increase of $93 million, or $0.16 per common share compared to the same period in 2024. The increase was due to the same factors discussed for the quarter, partially offset by lower earnings at UNS Energy due to lower margin on wholesale sales and higher costs associated with rate base growth not yet reflected in customer rates. The change in earnings per share for both the second quarter and year-to-date periods also reflected an increase in the weighted average number of common shares outstanding, largely associated with the Corporation's dividend reinvestment plan. Capital and Other Growth Updates Our $5.2 billion annual capital plan is on track with $2.9 billion invested during the first half of 2025. In July 2025, the Roadrunner Reserve 1 battery storage project was placed in service at TEP. The 200 megawatt ('MW') battery energy storage system will facilitate the integration of renewable energy into the electric grid with the capability to store 800 MW hours of energy, enough to serve approximately 42,000 homes for four hours when deployed at full capacity. TEP has announced that it is planning to convert 793 MW of coal-fired generation at its Springerville Generating Station to natural gas with similar capacity by 2030. The conversion supports customer affordability, local communities, and reliability, and will impact planned investments previously included in TEP's 2023 Integrated Resource Plan and the Corporation's five-year capital plan, including new natural gas generation. This update is not expected to have a material impact on the current five-year capital plan, and Fortis will provide the associated project details with the release of the 2026-2030 capital plan later this year. ____________________ Subsequent to the end of the second quarter of 2025, TEP entered into an agreement to serve a data center expected to be located in TEP's service territory. The agreement, requiring potential power demand of approximately 300 MW, is subject to approval by the Arizona Corporation Commission ('ACC') and other contractual contingencies. The initial phase of the data center is expected to be operational as early as 2027, with a ramp schedule through 2029. TEP currently expects to serve this customer from its existing and planned capacity, including solar and battery storage projects currently in development. Further negotiations are ongoing for additional capacity to support a full build at the initial site for a total of 600 MW. The developer has also indicated that additional capacity may be required for 500 MW to 700 MW at a second site. Should discussions progress and an agreement be negotiated, additional generation and transmission investments would be required for these subsequent phases. Credit Ratings In May 2025, Fitch Ratings, Inc. assigned first-time issuer and senior unsecured debt ratings of BBB+ to the Corporation with a stable outlook. Regulatory Updates In June 2025, TEP filed a general rate application with the ACC requesting new rates effective September 1, 2026 using a December 31, 2024 test year, with post-test year adjustments through June 30, 2025. The application includes a US$172 million net increase in retail revenue including savings associated with fuel costs. It also proposes to phase-out or eliminate certain adjustor mechanisms, and requests an annual formulaic rate adjustment mechanism consistent with the ACC's approval of a formula rate policy statement in 2024. In May 2025, Central Hudson filed a joint proposal with the New York State Public Service Commission in relation to its general rate application. The joint proposal provides for a three-year rate plan with retroactive application to July 1, 2025 and continuation of a 9.5% allowed ROE and 48% common equity component of capital structure. An order is expected in the second half of 2025. Sustainability Fortis released its 2025 Sustainability Update Report today, which includes key sustainability performance indicators. The Corporation has made consistent progress to decarbonize its energy mix and deliver cleaner energy to customers, achieving a 34% reduction in scope 1 greenhouse gas ('GHG') emissions through 2024 compared to 2019 levels. The Corporation's ability to achieve its interim GHG emissions reduction targets of 50% by 2030 and 75% by 2035 is expected to be impacted by factors including significant load growth, customer affordability, the pace of development of clean energy technology as well as federal, state and provincial energy policies. While Fortis remains committed to having a coal-free generation mix by 2032 and to the 2050 net-zero goal, the Corporation expects it will take longer to achieve the interim GHG reduction targets. As energy resource planning advances across the utilities, Fortis will reassess the interim targets and will share the results once complete. The 2025 Sustainability Update Report can be accessed at . Outlook Fortis continues to enhance shareholder value through the execution of its capital plan, the balance and strength of its diversified portfolio of regulated utility businesses, and growth opportunities within and proximate to its service territories. The Corporation's $26.0 billion five-year capital plan is expected to increase midyear rate base from $39.0 billion in 2024 to $53.0 billion by 2029, translating into a five-year compound annual growth rate of 6.5%.3 Fortis expects its long-term growth in rate base will drive earnings that support dividend growth guidance of 4-6% annually through 2029. Planned capital expenditures are based on forecasted energy demand, labour and material costs, and various macro economic factors. The Corporation continues to monitor government policy on foreign trade, including the imposition of tariffs and the potential impacts on the supply chain, commodity prices, the cost of energy and general economic conditions. While it is not possible to predict the impact on the supply chain, business operations or the five-year capital plan, the Corporation does not currently expect a material financial impact in 2025. Beyond the five-year capital plan, opportunities to expand and extend growth include: further expansion of the electric transmission grid in the U.S. to support load growth and facilitate the interconnection of cleaner energy; transmission investments associated with tranches 1, 2.1 and 2.2 of the MISO LRTP as well as regional transmission in New York; grid resiliency and climate adaptation investments; renewable gas and liquefied natural gas infrastructure in British Columbia; and the acceleration of load growth and cleaner energy infrastructure investments across our jurisdictions. ____________________ About Fortis Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2024 revenue of $12 billion and total assets of $73 billion as at June 30, 2025. The Corporation's 9,800 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries. Forward-Looking Information Fortis includes forward-looking information in this media release within the meaning of applicable Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively referred to as 'forward-looking information'). Forward-looking information reflects expectations of Fortis management regarding future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as anticipates, believes, budgets, could, estimates, expects, forecasts, intends, may, might, plans, projects, schedule, should, target, will, would, and the negative of these terms, and other similar terminology or expressions, have been used to identify the forward-looking information, which includes, without limitation: forecast Capital Expenditures for 2025 and through 2029; the expected benefits of the Roadrunner Reserve I battery storage project; the nature, timing, benefits and impact of the planned conversion of coal-fired generating units at Springerville Generating Station to natural gas-fired generation; the expected timing, outcome and impact of regulatory proceedings; the nature, timing, benefits and impacts of retail load growth opportunities at TEP; the 2030 and 2035 interim GHG emissions reduction targets; the expectation that factors including significant load growth, customer affordability, the pace of development of clean energy technology as well as federal, state and provincial energy policies will impact the Corporation's ability to achieve its interim GHG emission reduction targets; the expectation of having a coal-free generation mix by 2032; the 2050 net-zero direct GHG emissions target; the expectation that the Corporation will take longer to achieve its interim GHG reduction targets; the planned reassessment of the Corporation's interim GHG reduction targets and the timing of associated disclosure; forecast rate base and rate base growth through 2029; the expectation that long-term growth in rate base will drive earnings that support dividend growth guidance of 4-6% annually through 2029; the expectation that government policy on foreign trade, including the imposition of tariffs and the potential impacts on the supply chain, commodity prices, the cost of energy and general economic conditions, will not have a material financial impact in 2025 on the Corporation's business operations or the five-year capital plan; and the expected nature and benefits of opportunities to expand and extend the capital plan. Forward-looking information involves significant risks, uncertainties and assumptions. Certain material factors or assumptions have been applied in drawing the conclusions contained in the forward-looking information, including, without limitation: the successful execution of the capital plan; the continued ability to maintain the performance of the electricity and gas systems; no material capital project and financing cost overrun; sufficient human resources to deliver service and execute the capital plan; the continued availability of natural gas, fuel, coal and electricity supply; reasonable outcomes for regulatory proceedings and the expectation of regulatory stability; no significant variability in interest rates; no material changes in the assumed U.S. dollar-to-Canadian dollar exchange rate; the Board of Directors of the Corporation exercising its discretion to declare dividends, taking into account the business performance and financial condition of the Corporation; no significant operational disruptions or environmental liability or upset; no severe and prolonged economic downturn; no significant changes in government energy plans, environmental laws and regulations that could have a material negative impact; and the realization of additional opportunities beyond the capital plan. Fortis cautions readers that a number of factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking information. For additional information with respect to certain risk factors, reference should be made to the continuous disclosure materials filed from time to time by the Corporation with Canadian securities regulatory authorities and the Securities and Exchange Commission. All forward-looking information herein is given as of the date of this media release. Fortis disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. ____________________ Teleconference and Webcast to Discuss Second Quarter 2025 Results A teleconference and webcast will be held on August 1, 2025 at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results. Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation's website, . Those members of the financial community in Canada and the United States wishing to ask questions during the call are invited to participate toll free by calling 1.833.821.0229. Individuals in other international locations can participate by calling 1.647.846.2371. Please dial in 10 minutes prior to the start of the call. No access code is required. An archived audio webcast of the teleconference will be available on the Corporation's website two hours after the conclusion of the call until September 1, 2025. Please call 1.855.669.9658 or 1.412.317.0088 and enter access code 7967787#. Additional Information This news release should be read in conjunction with the Corporation's June 30, 2025 Interim Management Discussion and Analysis and Condensed Consolidated Financial Statements. This and additional information can be accessed at , , or . A .pdf version of this press release is available at: For more information, please contact:

TEP to Convert Coal-Fired Springerville Generating Station Units to Natural Gas
TEP to Convert Coal-Fired Springerville Generating Station Units to Natural Gas

Business Wire

time29-07-2025

  • Business
  • Business Wire

TEP to Convert Coal-Fired Springerville Generating Station Units to Natural Gas

TUCSON, Ariz.--(BUSINESS WIRE)--Tucson Electric Power (TEP) plans to convert two units at the coal-fired Springerville Generating Station (SGS) to run on natural gas by 2030. The project will maintain access to affordable, around-the-clock energy while reducing carbon emissions and preserving local jobs. 'Our SGS conversion project will extend the life of a plant that has powered Tucson's growth for more than four decades,' said Susan Gray, TEP's President and CEO. 'It will help us provide reliable, affordable, and increasingly sustainable service while extending our productive partnership with communities in the White Mountains region.' Arizona Governor Katie Hobbs praised the project. 'A resilient grid that's reliable, affordable, and sustainable is core to delivering on the Arizona Promise,' Hobbs said. 'This plan will deliver cleaner air and lower costs, while strengthening communities in northeastern Arizona and building a more resilient energy future.' Cost-Effective Capacity The conversion will provide comparable capacity to the coal-fired units while costing less than building new resources such as a new combined cycle natural gas-fired facility or solar plus long-term energy storage systems that provide comparable reliability. The natural gas conversion also will provide greater cost certainty compared to the continued use of coal. TEP's 2023 Integrated Resource Plan called for the retirement of SGS Units 1 and 2 in 2027 and 2032, respectively, due to rising fuel costs, increasing delivery risks, anticipated mine closures, and environmental considerations and regulation. Although current federal policy is supportive of coal-fired generation, those long-term risks remain. Natural gas-fired generators provide advantages over coal-fired power plants on today's energy grid, as they can better accommodate and support increasing levels of intermittent wind and solar power. Coal plants are designed to operate at steady levels and cannot easily ramp up or down in response to customer needs and renewable energy output. Lower Carbon Emissions The conversion will reduce the units' carbon dioxide emissions by 40 percent, supporting TEP's goal of achieving net zero direct greenhouse gas emissions by 2050 without compromising on reliability or affordability. We are pursuing that aspirational goal through a balanced energy mix that also supports greater resiliency and energy security. Natural gas generation can serve as a 'bridge' to a cleaner energy future, providing ready, reliable power while newer technologies mature. Options may include cost-effective long-duration storage, small modular nuclear reactors, and a switch to hydrogen as a carbon-free fuel source for plants previously powered by natural gas. 'Achieving our 2050 net zero goal will require an all-of-the-above approach, including investments in clean energy solutions and partnerships with customers to encourage thoughtful energy use,' Gray said. 'While we cannot predict exactly how we'll achieve net zero carbon emissions, we know that efficient, reliable natural gas generation will be a part of our path toward that goal.' Supporting Local Economies The SGS repowering project will support the continued availability of affordable, reliable power in Southern Arizona for local residents and businesses. It will also maintain jobs and tax revenues for Springerville, Eager, St. John's and other White Mountains communities that our SGS employees call home. 'This transition at Springerville is a step toward a more sustainable energy future that doesn't leave rural Arizona behind,' said U.S. Sen. Ruben Gallego (D-Ariz.). 'By moving away from coal while maintaining affordable and reliable power, TEP is showing that we can protect jobs, while propelling innovative energy solutions at the same time. Arizona needs smart, balanced solutions like this that support working families, strengthen local economies, and keep us moving toward our clean energy goals.' TEP has been operating SGS since 1985 on a high desert plain about 175 miles northeast of Tucson, near the Arizona-New Mexico border and about 15 miles outside of Springerville, Ariz. It was one of several coal-fired power plants developed during the 1970s and 1980s in the Four Corners area to support growing communities in the southwest United States. 'Springerville Generating Station isn't just a power plant. It's a lifeline to the Round Valley communities,' said Springerville Mayor Shelly Reidhead. 'This commitment to repower the plant with natural gas helps ensure a brighter future for this region, saving jobs, stabilizing the tax base and attracting future energy investments.' SGS Unit 1 came online in 1985, while Unit 2 came online in 1990. TEP owns Units 1 and 2 and operates all four units at the plant, including Unit 3, a 400 MW unit owned by Tri-State Generation and Transmission Association, and Unit 4, a 400 MW unit owned by Salt River Project (SRP). Please visit our Media Resource Page for a video interview about TEP's plan to repower SGS and b-roll footage of the plant.

Attempted misuse of work pass for foreign students or trainees ongoing for years: Industry insiders
Attempted misuse of work pass for foreign students or trainees ongoing for years: Industry insiders

New Paper

time18-07-2025

  • Business
  • New Paper

Attempted misuse of work pass for foreign students or trainees ongoing for years: Industry insiders

Errant employers and agents have for years attempted to illegally bring in foreign workers for rank-and-file roles such as dishwashers under a pass intended for foreigners to undergo short-term professional training here, said industry insiders. They told The Straits Times that the Training Employment Pass (TEP) attracts misuse in this manner because it does not impose a levy or quota on workers, unlike the work permit or S Pass, which are meant for lower-skilled or semi-skilled roles. The TEP has come under scrutiny of late, following allegations of such misuse. This included a blog post by advocacy group Transient Workers Count Too (TWC2) in May flagging the issue, citing accounts from a rising number of low-wage workers holding the TEP who have approached it for help since December 2024. The affected TEP holders had come forward with claims of being paid below the stated salary for their pass, asked to work before receiving their passes, as well as registered as "management executives" despite actually working in menial roles. Responding to queries from ST, the Ministry of Manpower (MOM) revealed on June 19 that it has received 120 reports related to TEP abuse in 2025, but did not provide for comparison the number of reports received in past years. An MOM spokesperson also said an average of around 6,800 TEPs were approved each year over the last 10 years, with the majority of approvals for jobs in the services sector. The ministry has stepped up enforcement efforts against employers who misuse the TEP scheme to circumvent the work pass framework, said the spokesperson. The TEP allows foreign students or trainees from a company's overseas office or subsidiary to undergo practical training for professional, managerial, executive or specialist jobs here for up to three months. Trainees must earn a minimum fixed salary of $3,000 a month. The work attachment for student applicants must be tied to their studies. They must either be studying in an "acceptable institution" or earning at least $3,000 a month. Trainee lawyers who are not permanent residents or Singaporeans are one group who have been approved to work here under TEPs, ST understands. Another group, mentioned in a written parliamentary answer by Manpower Minister Tan See Leng in 2023, are those in clinical fellowship training programmes. But Dr David Leong, managing director of human resources firm PeopleWorldwide Consulting, said some agents use the TEP to supply a steady stream of labour to employers grappling with acute manpower shortages, particularly in industries struggling to fill low-wage or undesirable roles. "Some employers, unaware of the full extent of the agents' misconduct, are unwittingly drawn into these schemes, believing they are addressing legitimate staffing needs. "Others, however, knowingly collaborate with agents, taking advantage of the lax oversight to exploit workers for cheap labour, often in grueling or irrelevant roles." Dr Leong added he has consistently warned his clients against taking on workers brought in under a TEP, particularly for rank-and-file roles. He added that private education institutions may also sometimes act as fronts for channelling workers into low-wage, temporary jobs under the pretext of training. Speaking in his personal capacity, former MOM prosecutor Jason Chua noted that the non-renewable nature and short duration of the TEP makes it a relatively niche pass intended for skilled roles, compared to Employment Passes, work permits and S Passes. "Also, the TEP is meant for foreign trainees to learn skills and apply it back to their home country." In contrast, the fundamental purpose of more mainstream work passes lies more in allowing the foreign worker to contribute economically, rather than learn, here, he said. Reinforcing the intended scope of the TEP as being for skilled roles, Mr Chua said the TEP often gets confused with the Training Work Permit, which is reserved for eligible unskilled or semi-skilled foreign trainees or students to undergo practical training in Singapore. However, these are subject to a levy, and still count towards an employer's quota for work permit holders. The short duration of a TEP limits the type of roles that errant employers can practicably assign TEP holders. These are typically labour-intensive roles where high staff turnover does not matter as much. Mr Ethan Guo, TWC2's executive director, told ST the TEP holders who approached it for help often were forced by employers to sign pay slips indicating they received their full pay, but actually paid them less. "We even saw one instance where the pay slips were not even issued to or signed by the workers, but instead doctored digitally. "There are also those who were not given work and therefore didn't get any pay at all." Still, attempts to bring in low-wage workers under this pass have continued. A TikTok video first uploaded earlier in 2025 and subsequently deleted soon after media reports surfaced on the TEP, re-emerged in June. In a voiceover, a male can be heard touting the "advantages" of the TEP, including savings from not needing a levy, as well as "more obedient" workers. "The third (advantage) is that you don't need to keep on your payroll 'phantom workers', so you wouldn't need to live in fear of being caught, fined and have your finances frozen," he said, adding that agents are able to help employers handle flights and accommodation as well. Even though he acknowledged the short duration of the pass can be disruptive, the man added: "A lot of workers will be willing to come here."

Forum: Training Employment Pass strengthens Singapore's position as a talent hub
Forum: Training Employment Pass strengthens Singapore's position as a talent hub

Straits Times

time06-07-2025

  • Business
  • Straits Times

Forum: Training Employment Pass strengthens Singapore's position as a talent hub

Sign up now: Get ST's newsletters delivered to your inbox We refer to the article ' Attempted misuse of work pass for foreign students or trainees ongoing for years: Industry insiders ' (June 24). The Singapore National Employers Federation (SNEF) does not condone any abuse of the Training Employment Pass (TEP). While recent media reports have highlighted isolated cases of abuse, they should not overshadow the scheme's overall value to employers and the Singapore economy. The TEP continues to help employers across industrial sectors build capabilities, transfer knowledge and drive business growth. It also enhances employers' global business collaboration and talent attraction, further strengthening Singapore's reputation as an international business hub. Member companies of SNEF have leveraged the TEP to provide overseas professionals with regional exposure and structured on-the-job training that aligns with their academic and professional development – particularly in sectors such as marine, engineering and architecture. In today's increasingly complex operating environment – marked by rapid technological disruption, geopolitical tensions and supply-chain uncertainties – businesses need regulatory flexibility to adapt and thrive. Rather than pushing for stricter regulations or more comprehensive upstream checks because of the errant few, SNEF advocates educating and empowering the majority of employers to comply with well-intended regulations and addressing the outliers through strong enforcement actions when abuse is detected. Top stories Swipe. Select. Stay informed. Singapore First BTO project in Sembawang North to be offered in July HDB launch World Tariffs will kick in on Aug 1 barring trade deals: US Treasury Secretary Singapore Woman on SMRT's 190 bus injured after bottle thrown at vehicle leaves hole in window Business Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC Asia 'Don't be seen in India again': Indian nationals pushed into Bangladesh at gunpoint Asia Thousands evacuated as Typhoon Danas lashes Taiwan Asia Two women fatally stabbed at bar in Japan by man Life Star Awards 2025: Christopher Lee wins big, including Special Achievement Award and Best Actor SNEF remains committed to partnering the Ministry of Manpower to advance progressive employment practices and workforce development that foster sustainable business growth. Hao Shuo Chief Executive Officer Singapore National Employers Federation

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