Zaqy Mohamad on supporting companies with Progressive Wage Mark

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

More than 3,600 firms have been accredited with the Progressive Wage (PW) Mark since it was launched in January this year. The Ministry of Manpower encourages service buyers to procure from companies with such accreditation. However, it does not track the number of service buyers which have chosen to do business exclus

ively with such companies. Based on a recent business sentiment survey, nine in 10 businesses polled indicated that they will prioritise purchases from corporate suppliers with the PW Mark. As a major service buyer, the Government has taken the lead in making it a contractual obligation for tenders since Mar 1 this year. This requirement will be extended to include government quotations from Mar 1 next year.

ively with such companies. Based on a recent business sentiment survey, nine in 10 businesses polled indicated that they will prioritise purchases from corporate suppliers with the PW Mark. As a major service buyer, the Government has taken the lead in making it a contractual obligation for tenders since Mar 1 this year. This requirement will be extended to include government quotations from Mar 1 next year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines