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Singapore to Pay Bonuses to VT Technicians

Singapore to Pay Bonuses to VT Technicians

By Elevator World | July 21, 2021

Channel News Asia reports that Singapore’s Tripartite Cluster for Lift and Escalator (TCLE) announced in July that vertical-transportation (VT) technicians in the country will receive mandatory bonuses of at least a month’s pay beginning in 2023. The bonuses represent updates to the progressive wage model (PWM) for the sector. TCLE also agreed to extend the existing lift PWM to…

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Singapore Investor Plans Residential Tower in Perth

Singapore Investor Plans Residential Tower in Perth

By Elevator World | March 22, 2021

Privately owned property investment manager Peakstone is planning a 35-story tower that will bring 175 residential units to South Perth, Australia, The Urban Developer reported on March 11. The tower is planned for a site at 88 Mill Point Road. The Singapore-headquartered property investment company Director Chris Khoo said South Perth is changing, and the proposed building,…

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Elevator World | September 2021 Cover

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