January



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January 21, 2015
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A Dreary Jobs Outlook

"The Reserve Bank of Australia has confirmed a dreary jobs outlook, according to the Business Spectator. ""Labour market conditions remain subdued,"" the RBA said in its quarterly Statement. This was hardly news to anyone, coming the day after the official labour force figures confirmed the longest unbroken rising trend in the unemployment rate since the one generated by the early 1990s recession. Official jobs figures showed the trend growth rate in employment as 0.01% a month. So, any improvement would be welcome. But ""modest"" jobs growth is below the ""trend"" growth that would normally stop unemployment from rising. Not surprisingly, then, the outlook for unemployment is uninspiring."

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January 21, 2015
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The Personal Data Protection Framework in Singapore

"No legislation in Singapore comprehensively deals with privacy. While commonly recognized as a ""data privacy law,"" the Personal Data Protection Act 2012 (PDPA) does not, recognize a right to privacy-in fact, the term ""privacy"" does not even appear in the PDPA. Contrary to the EU Data Protection Directive, which expressly states in its preamble that ""data processing systems are designed to serve man, whereas they must�respect their fundamental rights and freedoms, notably the right to privacy,"" Singapore has opted for a more business-friendly approach. All organizations that collect, use or disclose personal data in Singapore must comply with the PDPA, regardless of their place of incorporation"

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| Public Sector
January 21, 2015
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National ID System Described as Threat to Privacy

"A proposed national ID system pending approval in the House of Representatives will threaten the privacy of ordinary citizens, a party-list lawmaker warned. Bayan Muna Rep. Carlos Zarate said the ""National ID System Bill"" or House Bill 5060 would be ""a threat to the security of personal information,"" and possibly place citizens at risk. ""A national ID system will make it mandatory for all to submit personal information to be aggregated into a single dossier which, if compromised, places the Filipino people at very high personal risk,"" he said. The bill aims to consolidate all existing government ID systems into one-integrated and efficient identification body."

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