Natural Resources
Singapore Unveils COMPASS Framework: A Paradigm Shift in Employment Pass Assessment
Last month (effective 1st September 2023), the Ministry of Manpower (MOM) in Singapore introduced a fresh approach to the assessment of Employment Pass (EP) applications – the Complementarity Assessment, or COMPASS for short. This encourages the development of a local talent pool and fosters diversity within the workforce. Navigating the COMPASS Framework: A Comprehensive Guide for Employers …
Read MoreGastech 2023 in Summary
Aurex Group attended the landmark event in the energy industry’s calendar, Gastech 2023, hosting the world’s largest meeting place for the gas, LNG, hydrogen, low-carbon solutions, and climate technologies industries. The four-day event hosted a record-breaking 40,000 attendees, including 4,000 delegates, and 750 exhibitors, from over 100 countries. Here are a few of our key takeaways…
Read MoreShare schemes and changing pay structures in commodities
Following record profitability in the commodities trading world, we have seen private trading companies such as Vitol and Trafigura announce bumper payouts to their staff via shareholder payouts. Vitol announced USD 2.5bn to be paid out to 450 top executives and traders for the first half of 2023, with Trafigura announcing similar figures for their…
Read MoreSingapore, UK, and US Non-Compete Clauses: A Comparative Analysis and Future Outlook
In recent years, non-compete clauses in employment contracts have sparked debates and policy changes across different jurisdictions. This thought piece examines the evolving views and legal frameworks surrounding non-compete clauses in Singapore, the UK, and the US. We aim to provide a structured comparison and highlight the likely outcomes of planned developments. Finally, we offer…
Read MoreAPAC Biofuels Landscape
With net-carbon neutrality targets at the front and center of governmental and institutional agendas, we have observed a growing demand for talent particularly within the ‘transitionary fuels’ arena namely Gas, LNG, and Biofuels. In this month’s newsletter, I will be sharing a few themes/observations as relates to the APAC Biofuels landscape. Trends in Asia…
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