Understanding these legal requirements ensures compliance with local laws and fosters a positive working relationship with your helper.among maid services Singapore It has given great spiritual support to entrepreneurs, and more entrepreneurs will contribute to this industry in the future. https://1achieve.net

　　

　　ESSENTIAL KNOWLEDGE

　　

　　Bryan

　　

　　7/30/20248 min read

　　

　　Overview of the Legal Obligations of Employers

　　

　　1. Employment Contract

　　

　　Employers are required to provide a written employment contract to their domestic helpers. This contract should outline the terms of employment, including salary, rest days, job scope, and other relevant conditions.

　　

　　Key Elements of the Contract: The contract should specify the helper¨s duties, working hours, rest days, salary, benefits, and termination conditions.

　　

　　Signatures: Both the employer and the helper should sign the contract to acknowledge their agreement to the terms.

　　

　　Having a clear and comprehensive employment contract helps prevent misunderstandings and provides a reference point for resolving disputes. It should be drafted in a language that the helper understands to ensure full comprehension and mutual agreement. Providing a copy of the contract to the helper and keeping a signed copy for the employer’s records is essential.

　　

　　2. Work Permit

　　

　　Employers must apply for a work permit for their domestic helper through the Ministry of Manpower (MOM). The work permit is essential for legal employment in Singapore.

　　

　　Application Process: Submit the necessary documents and pay the required fees to obtain the work permit. The application can be done online through MOM¨s website, and it typically involves providing details about the employer, the helper, and the employment terms.

　　

　　Renewal: The work permit must be renewed before it expires. Employers should monitor the permit¨s validity and initiate the renewal process in advance. The renewal process also involves medical examinations and possibly renewing the security bond and insurance.

　　

　　3. Monthly Levy

　　

　　The employer is responsible for paying a monthly levy to MOM. The levy rate depends on the household¨s specific circumstances, such as whether there are young children, elderly, or disabled family members.

　　

　　Levy Rates: The standard levy rate is SGD 300 per month, while the concessionary rate is SGD 60 per month for eligible households. The concessionary levy can significantly reduce the financial burden on the employer.

　　

　　Payment: Ensure timely payment of the levy to avoid penalties. Levy payments can be made via various methods, including GIRO, and it¨s important to set up the payment system to avoid missing deadlines.

　　

　　4. Medical Insurance and Security Bond

　　

　　Employers are required to purchase medical insurance and provide a security bond for their domestic helpers.

　　

　　Medical Insurance: A minimum coverage of SGD 15,000 per year for inpatient care and day surgery is mandatory. This insurance protects both the helper and the employer in case of medical emergencies.

　　

　　Security Bond: A SGD 5,000 security bond (for non-Malaysian helpers) acts as a financial guarantee to the Singapore government. This bond can be in the form of insurance, which typically costs around SGD 50 to SGD 80 per year. The security bond ensures compliance with MOM regulations and covers potential repatriation costs or violations of employment terms.

　　

　　5. Settling-In Programme (SIP)

　　

　　First-time domestic helpers must attend the Settling-In Programme within three working days of arrival in Singapore. The SIP educates helpers on safety measures, living in Singapore, and their rights and responsibilities.

　　

　　Cost: The SIP costs SGD 75 and is a one-day course. Employers should ensure that their helpers attend this programme as it is crucial for their adjustment and understanding of local regulations.

　　

　　Enrollment: Employers should arrange for their helper to attend the SIP promptly. The programme covers essential topics such as emergency procedures, workplace safety, and cultural adaptation, which are vital for the helper’s well-being and integration.

　　

　　6. Rest Days

　　

　　Domestic helpers are entitled to one rest day per week. Employers and helpers can mutually agree to compensate rest days with payment if the helper agrees to work on her rest day (Minimum 1 Rest Day per month).

　　

　　Compensation Rate: The compensation should be at least one day¨s salary for each rest day worked. This ensures that helpers are fairly compensated for additional work and helps maintain their well-being.

　　

　　Agreement: Any agreement to work on rest days should be documented and mutually agreed upon. It¨s essential to discuss and formalize these agreements to prevent misunderstandings and ensure that the helper¨s rights are respected.

　　

　　7. Medical Check-Ups

　　

　　Domestic helpers must undergo regular medical check-ups to ensure they are fit for work. The first medical examination should be conducted within two weeks of the helper¨s arrival, followed by six-monthly check-ups.

　　

　　Cost: Employers are responsible for the cost of these medical examinations. Ensuring the helper’s health is a critical part of maintaining a safe and healthy work environment.

　　

　　Results: Employers should ensure the results are submitted to MOM promptly. Regular health checks help detect any health issues early and ensure that the helper remains fit for her duties.

　　

　　8. Fair Treatment

　　

　　Employers must treat their domestic helpers fairly and with respect. This includes providing adequate food, accommodation, and a safe working environment.

　　

　　Food: Provide nutritious meals that meet the helper¨s dietary requirements. Discuss the helper¨s dietary preferences and ensure that meals are balanced and sufficient.

　　

　　Accommodation: Ensure the helper has a suitable place to sleep with privacy and basic amenities. The living space should be clean, safe, and comfortable, contributing to the helper¨s overall well-being.

　　

　　Safety: Maintain a safe working environment and provide training on the use of household equipment. Employers should also ensure that the helper has access to necessary safety gear and knows how to handle emergencies.

　　

　　9. Repatriation

　　

　　Employers are responsible for repatriating their domestic helpers at the end of the employment contract or if the employment is terminated. This includes providing the necessary travel arrangements and covering the cost of repatriation.

　　

　　Travel Arrangements: Ensure that the helper¨s travel documents are in order and book the necessary transportation.

　　

　　Cost Coverage: The employer must cover the cost of repatriation, ensuring that the helper returns home safely.

　　

　　Rights of Domestic Helpers Under Singapore Law

　　

　　1. Right to a Written Contract

　　

　　Domestic helpers have the right to receive a written employment contract that clearly outlines their terms of employment. This contract serves as a reference point for resolving disputes and ensuring both parties understand their obligations.

　　

　　Clarity and Transparency: The contract should be written in a language the helper understands, ensuring full comprehension of the terms.

　　

　　Dispute Resolution: The contract serves as a legal document that can be used to resolve any disputes that may arise during the employment period.

　　

　　2. Right to Fair Compensation

　　

　　Domestic helpers are entitled to receive their agreed-upon salary on time and in full. Employers should provide a payslip or receipt for each payment to ensure transparency.

　　

　　Salary: Must be paid within seven days after the end of each salary period. This ensures that helpers are compensated promptly for their work.

　　

　　Payslip: Employers should issue a payslip detailing the salary amount and any deductions. This helps maintain transparency and allows helpers to keep track of their earnings. If a payslip is not available, there should be a signed record on the receipt of each payment.

　　

　　3. Right to Rest Days

　　

　　Helpers are entitled to one rest day per week (minimum 1 rest day per month). This rest day can be used for personal activities, rest, or socializing.

　　

　　Rest Day Agreement: Any agreement to work on rest days should be mutually agreed upon and documented. Helpers should have the freedom to enjoy their rest days without pressure.

　　

　　Compensation: Helpers should be compensated if they agree to work on their rest day. This ensures fair treatment and respect for the helper¨s time.

　　

　　4. Right to Adequate Accommodation

　　

　　Employers must provide domestic helpers with adequate accommodation that ensures their privacy and comfort.

　　

　　Private Room: Ideally, a private room with proper ventilation and basic amenities. This ensures that the helper has a comfortable and private living space.

　　

　　Shared Accommodation: If sharing, ensure the helper¨s privacy and comfort are respected. The living arrangements should be discussed and agreed upon by both parties.

　　

　　5. Right to Medical Care

　　

　　Helpers are entitled to medical care, including medical insurance coverage for inpatient care and day surgery.

　　

　　Medical Insurance: Employers must purchase medical insurance with a minimum coverage of SGD 15,000 per year. This ensures that helpers have access to necessary medical care without financial burden.

　　

　　Medical Check-Ups: Regular medical check-ups to ensure the helper is fit for work. Employers should ensure that the helper receives timely medical attention and that any health issues are addressed promptly.

　　

　　6. Right to Fair Treatment and Respect

　　

　　Domestic helpers have the right to be treated fairly and with respect. This includes freedom from abuse, harassment, and unfair treatment.

　　

　　Protection from Abuse: Employers must not abuse or exploit their helpers physically, emotionally, or verbally. Any form of abuse is a serious violation of the helper¨s rights and should be reported to the authorities.

　　

　　Complaint Mechanisms: Helpers can report any abuse or unfair treatment to MOM or other relevant authorities. Employers should be aware of these mechanisms and ensure that helpers are informed about their rights.

　　

　　7. Right to Privacy and Communication

　　

　　Helpers have the right to communicate with their family and friends. Employers should respect their privacy and allow them to make phone calls or use other means of communication.

　　

　　Communication Facilities: Provide reasonable access to communication facilities. This helps the helper stay connected with her family and support network.

　　

　　Privacy: Respect the helper¨s privacy during her rest time and personal activities. Employers should ensure that the helper has a private space for communication and personal activities.

　　

　　8. Right to Termination and Transfer

　　

　　Helpers have the right to terminate their employment contract and seek a transfer to another employer under certain conditions.

　　

　　Notice Period: Provide the agreed notice period as stipulated in the employment contract. This ensures that both parties have time to make necessary arrangements.

　　

　　Transfer Process: Follow the legal procedures for transferring to another employer. Employers should assist the helper in the transfer process and ensure that all legal requirements are met.

　　

　　9. Right to Proper Working Conditions

　　

　　Domestic helpers have the right to proper working conditions, including reasonable working hours, safe working environments, and access to necessary resources.

　　

　　Reasonable Working Hours: Employers should ensure that helpers are not overworked and have adequate rest periods.

　　

　　Safe Working Environment: Provide a safe and healthy working environment, including proper training on the use of household equipment and safety procedures.

　　

　　Access to Resources: Ensure that helpers have access to necessary resources and tools to perform their duties effectively.

　　

　　10. Right to Training and Development

　　

　　Domestic helpers have the right to training and development opportunities to enhance their skills and knowledge.

　　

　　Skill Enhancement: Employers can provide or facilitate training programs to help helpers improve their skills and knowledge. This benefits both the helper and the employer by enhancing job performance.

　　

　　Development Opportunities: Encourage and support helpers in pursuing development opportunities. This can include attending courses or workshops that are relevant to their job.

　　

　　11. Right to Dignity and Respect

　　

　　Domestic helpers have the right to be treated with dignity and respect at all times.

　　

　　Respectful Treatment: Employers should treat helpers with respect, acknowledging their contributions and ensuring that their dignity is upheld.

　　

　　Positive Working Relationship: Foster a positive working relationship based on mutual respect and understanding. This contributes to a harmonious and productive household environment.

　　

　　12. Right to Seek Help and Support

　　

　　Domestic helpers have the right to seek help and support if they face any issues or challenges during their employment.

　　

　　Support Networks: Encourage helpers to seek help and support from their support networks, including friends, family, and community organizations.

　　

　　Helplines and Services: Inform helpers about available helplines and services where they can seek assistance if needed. Employers should be supportive and understanding if helpers need to seek external help.

　　Here’s how to effectively train and orient your new helper, along with resources and training programs available to support this process.If you want to make a big difference in the market, Maid agency It is necessary to intensify the upgrading of products on the original basis in order to meet the consumption needs of consumers. https://1achieve.net

　　

　　ESSENTIAL KNOWLEDGE

　　

　　Bryan

　　

　　8/6/20248 min read

　　

　　How to Effectively Train and Orient a New Helper

　　

　　1. Initial Introduction

　　

　　Start with a Warm Welcome

　　

　　When your new domestic helper arrives, it¨s crucial to start on the right foot by making her feel welcomed and valued. A warm welcome helps to create a positive first impression and sets the tone for a respectful and cooperative working relationship. Introduce her to each family member, including children and pets, to help her feel part of the household. This is an opportunity to share any relevant details about family members, such as allergies, preferences, or routines, which will help her understand her role better.

　　

　　Tour the House

　　

　　A thorough tour of the house is essential for helping your new helper familiarize herself with her new environment. Show her key areas such as the kitchen, laundry room, living areas, and bathrooms, explaining the specific tasks expected in each location. Ensure she understands the layout, including where to find cleaning supplies, tools, and other necessary items. Highlight areas that require special attention, such as delicate surfaces, valuable items, or spaces with specific cleaning protocols.

　　

　　2. Clear Communication

　　

　　Set Clear Expectations

　　

　　One of the most critical aspects of training a new domestic helper is setting clear expectations. Provide her with a written list of her duties, working hours, and household rules. Be specific about the standards you expect, such as how you like the laundry done, how meals should be prepared, and any specific cleaning routines. Clear communication reduces misunderstandings and ensures that she knows exactly what is required of her.

　　

　　Cultural Sensitivity

　　

　　Domestic helpers often come from different cultural backgrounds, and it¨s essential to be sensitive to these differences. Take time to explain any cultural practices or dietary restrictions your family follows. Understanding her cultural background can also help you communicate more effectively and build a stronger working relationship. Encourage her to share her customs and traditions, as this can enrich your household¨s cultural experience.

　　

　　3. Hands-On Training

　　

　　Demonstrate Tasks

　　

　　Effective training involves more than just verbal instructions; it requires hands-on demonstrations. Show her how to perform specific tasks, such as using household appliances, cooking particular dishes, or cleaning specific areas. Demonstrations provide a visual guide and help her understand the standards you expect. Be patient and take the time to explain each step thoroughly.

　　

　　Step-by-Step Guidance

　　

　　For more complex tasks, break them down into smaller, manageable steps. This approach makes it easier for her to learn and reduces the likelihood of mistakes. Allow her to practice each step while you supervise and provide constructive feedback. Gradually, she will become more confident and proficient in her duties.

　　

　　4. Establish Routine and Schedule

　　

　　Create a Routine

　　

　　Establishing a daily and weekly routine helps your helper manage her time effectively and ensures that all tasks are completed consistently. A clear schedule provides structure and helps prioritize tasks. Include regular tasks such as cleaning, cooking, and laundry, as well as periodic tasks like deep cleaning or special projects.

　　

　　Regular Check-Ins

　　

　　Schedule regular check-ins to discuss her progress, address any concerns, and provide feedback. These meetings are an opportunity to recognize her hard work, suggest improvements, and ensure she feels supported. Regular communication fosters a positive working relationship and helps address any issues before they become significant problems.

　　

　　5. Safety and Emergency Procedures

　　

　　Safety Training

　　

　　Safety should be a top priority in any household. Ensure your helper is familiar with household safety procedures, such as how to use fire extinguishers, first aid kits, and emergency exits. Explain the importance of safe practices when handling cleaning chemicals, operating appliances, and performing tasks that involve potential hazards.

　　

　　Emergency Contacts

　　

　　Provide your helper with a list of emergency contacts, including family members, neighbors, and local emergency services. Make sure she knows how to contact these individuals in case of an emergency. It¨s also a good idea to have a clear plan in place for different types of emergencies, such as fires, medical incidents, or natural disasters.

　　

　　6. Encourage Learning and Development

　　

　　Skill Development

　　

　　Encourage your helper to improve her skills through continuous learning. Support her in taking up additional training programs if she is interested. This could include language classes, cooking courses, or other professional development opportunities. Investing in her growth benefits both her and your household by enhancing her abilities and boosting her confidence.

　　

　　Resources and Training Programs Available

　　

　　1. Government and Non-Profit Organizations

　　

　　Ministry of Manpower (MOM) Singapore

　　

　　The Ministry of Manpower (MOM) in Singapore provides various resources to support employers and domestic helpers. Their website offers comprehensive information on employment laws, best practices, and guidelines for managing domestic helpers. MOM¨s resources help ensure that employers understand their responsibilities and that domestic helpers are treated fairly.

　　

　　Foreign Domestic Worker Association for Social Support and Training (FAST)

　　

　　The Foreign Domestic Worker Association for Social Support and Training (FAST) offers a wide range of training programs and support services for domestic helpers. Their courses cover essential skills such as housekeeping, cooking, eldercare, and childcare. FAST also provides counseling and social support services to help domestic helpers adjust to their new environment and cope with any challenges they may face.

　　

　　2. Training Centers

　　

　　Aidha

　　

　　Aidha is a non-profit organization that provides financial literacy and management courses for domestic helpers. Their programs focus on helping domestic helpers build financial independence through budgeting, savings, and entrepreneurship training. Aidha¨s courses empower domestic helpers to manage their finances effectively and plan for their future.

　　

　　Home Academy

　　

　　Home Academy offers practical training courses designed to enhance the competency and confidence of domestic helpers. Their courses cover a range of skills, including cooking, cleaning, childcare, and elderly care. Home Academy¨s training programs are tailored to meet the specific needs of domestic helpers and help them perform their duties to a high standard.

　　

　　3. Online Resources

　　

　　YouTube and Educational Websites

　　

　　Online platforms such as YouTube offer a wealth of instructional videos on various household tasks and skills. These videos provide visual demonstrations and step-by-step instructions, making it easy for domestic helpers to learn new skills. Educational websites also offer articles and guides on topics such as cleaning techniques, cooking recipes, and household management.

　　

　　E-Learning Platforms

　　

　　E-learning platforms like Coursera and Udemy offer courses on a wide range of topics that can benefit domestic helpers. These courses cover areas such as language skills, cooking, cleaning, childcare, and personal development. E-learning platforms provide flexible learning options, allowing domestic helpers to study at their own pace and according to their schedules.

　　

　　Detailed Steps for Effective Training and Orientation

　　

　　Building a Positive Relationship

　　

　　Mutual Respect and Trust

　　

　　Building a positive relationship with your domestic helper is the foundation of effective training and orientation. Mutual respect and trust are essential for a harmonious working relationship. Treat her with dignity and respect, and show appreciation for her hard work. Trust takes time to develop, so be patient and supportive as she settles into her new role.

　　

　　Open Communication

　　

　　Maintain open lines of communication to address any concerns or issues promptly. Encourage her to share her thoughts, ask questions, and provide feedback. Open communication helps prevent misunderstandings and ensures that both parties are on the same page.

　　

　　Comprehensive Training Plan

　　

　　Customized Training Program

　　

　　Develop a customized training program based on your household¨s specific needs and your helper¨s experience and skills. A personalized training plan ensures that she receives the guidance and support needed to perform her duties effectively. Consider her strengths and areas for improvement when designing the program.

　　

　　Progressive Learning Approach

　　

　　Adopt a progressive learning approach that gradually increases the complexity of tasks. Start with basic tasks and gradually introduce more challenging responsibilities. This approach helps build her confidence and competence over time.

　　

　　Task-Specific Training

　　

　　Cleaning and Housekeeping

　　

　　Provide detailed training on cleaning and housekeeping tasks, including:

　　

　　- Daily Cleaning: Dusting, vacuuming, mopping, and tidying up common areas.

　　

　　- Bathroom Cleaning: Sanitizing surfaces, cleaning toilets, and maintaining hygiene.

　　

　　- Kitchen Cleaning: Cleaning appliances, countertops, and dishes, and ensuring food safety.

　　

　　- Laundry: Washing, drying, ironing, and folding clothes.

　　

　　Cooking and Meal Preparation

　　

　　Teach her how to prepare meals according to your family¨s preferences and dietary requirements. This includes:

　　

　　- Basic Cooking Techniques: Boiling, frying, baking, and steaming.

　　

　　- Meal Planning: Planning and preparing balanced meals.

　　

　　- Special Dietary Needs: Accommodating allergies, vegetarian diets, or cultural preferences.

　　

　　Childcare and Eldercare

　　

　　If her duties include childcare or eldercare, provide specific training on:

　　

　　- Childcare: Bathing, feeding, supervising playtime, and helping with homework.

　　

　　- Eldercare: Assisting with mobility, administering medication, and providing companionship.

　　

　　Monitoring and Feedback

　　

　　Performance Evaluation

　　

　　Regularly evaluate her performance to ensure she is meeting your expectations. Use a checklist to track her progress and identify areas for improvement. Provide constructive feedback and recognize her achievements.

　　

　　Continuous Improvement

　　

　　Encourage a culture of continuous improvement by offering additional training opportunities and resources. Support her in developing new skills and taking on more responsibilities. Continuous improvement benefits both your helper and your household.

　　

　　Addressing Challenges and Solutions

　　

　　Overcoming Language Barriers

　　

　　Language Training

　　

　　If there are language barriers, consider enrolling your helper in language classes to improve communication. Many training centers and online platforms offer language courses tailored for domestic helpers.

　　

　　Visual Aids and Demonstrations

　　

　　Use visual aids, demonstrations, and hands-on training to overcome language barriers. Visual instructions are often more effective than verbal explanations, especially for complex tasks.

　　

　　Managing Cultural Differences

　　

　　Cultural Sensitivity Training

　　

　　Provide cultural sensitivity training to help your helper understand and respect your family¨s customs and traditions. This training can include information on cultural norm, religious practices, and social etiquette.

　　

　　Open Dialogue

　　

　　Encourage open dialogue about cultural differences and be willing to learn about her customs and traditions. This mutual exchange of cultural knowledge can enrich your household and foster mutual respect.

　　

　　Building a Supportive Environment

　　

　　Emotional Support

　　

　　Recognize that adjusting to a new environment can be challenging for your helper. Provide emotional support by being empathetic, understanding, and approachable. Encourage her to share any concerns or difficulties she may be experiencing.

　　

　　Social Integration

　　

　　Help her integrate into the local community by introducing her to support networks and social groups for domestic helpers. Social integration can reduce feelings of isolation and provide her with a support system.

　　

　　Legal and Ethical Considerations

　　

　　Employment Contract

　　

　　Clear Terms and Conditions

　　

　　Ensure that the employment contract includes clear terms and conditions, outlining her duties, working hours, salary, and benefits. A well-defined contract helps prevent misunderstandings and disputes.

　　

　　Compliance with Laws

　　

　　Ensure that the employment contract complies with local labor laws and regulations. Familiarize yourself with the legal requirements for employing a domestic helper in your country.

　　

　　Fair Treatment and Compensation

　　

　　Fair Wages

　　

　　Pay your helper a fair wage that complies with local labor laws and reflects her skills and experience. Providing fair compensation shows respect for her work and helps build a positive working relationship.

　　

　　Benefits and Welfare

　　

　　Provide benefits such as health insurance, paid leave, and adequate rest days. Ensure her living conditions are comfortable and meet legal standards.

　　

　　Ethical Employment Practices

　　

　　Respect and Dignity

　　

　　Treat your helper with respect and dignity, recognizing her as a valuable member of your household. Avoid any form of discrimination, harassment, or exploitation.

　　

　　Support and Development

　　

　　Invest in her personal and professional development by providing training opportunities and supporting her growth. Encouraging her to pursue her goals and aspirations benefits both her and your household.

　　

　　Conclusion

　　

　　Training and orienting a new domestic helper is a comprehensive process that requires patience, clear communication, and continuous support. By providing a warm welcome, clear expectations, hands-on training, and regular feedback, you can help your helper adapt quickly and perform her duties effectively. Utilizing available resources and training programs can further enhance her skills and confidence, ultimately benefiting your entire household. Building a positive working relationship based on mutual respect and trust ensures a harmonious and productive environment for both your helper and your family. Investing time in proper training and orientation leads to a more productive and positive working relationship, ensuring a successful and fulfilling experience for everyone involved.

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Damascus, July 15 (Reporter Cheng Shuapeng Jize) Syria held parliamentary elections on the 15th. Six candidates from different political parties and independent candidates competed for 250 parliamentary seats.

The election was held in areas controlled by Syrian government forces. At present, some areas in northern Syria provinces such as Idlib, Raqqa, Hasakeh, Dayr ez-Zor, and Aleppo are still controlled by Syrian opposition armed forces or extremist organizations.

The Syria Election High Judicial Council previously announced that there will be a total of 8 polling stations across Syria for this election. The voting time will be from 7:00 to 19:00 local time, which can be extended by up to 5 hours with the approval of the committee.

This is the fourth parliamentary election since Syria promulgated a new constitution in February 2012. The last election was held in July 2020, and the National Progressive Front, led by the ruling Arab Baath Socialist Party, won a majority in parliament. Public opinion here believes that the National Progressive Front is still expected to win a majority of seats in this election.

Affected by war, sanctions, epidemics, regional conflicts, etc., Syria’s economic situation and people’s livelihood conditions have continued to deteriorate in recent years. Economic and people’s livelihood issues have become the focus of attention of many candidates and voters.

According to the Syria constitution, parliament holds elections every four years.

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According to a report by India’s Politico on March 15, the Bombay Stock Exchange Sensitive Index (SENSEX) and N Index fell for the first time in a single week after rising for four weeks. Both indices fell about 2% this week, the biggest weekly decline in 20 weeks.

The SENSEX index fell 062% on the day to close at 7264343 points. The N50 index of the National Stock Exchange of India (NSE) fell 0.56% to close at 2202335 points.

The Bombay Stock Exchange (BSE) mid-cap index also closed down 0.51%. However, the BSE Small Cap Index bucked the trend and closed up 0.25%.

On the weekly chart, the benchmark SENSEX index fell 22% for the week and the N index fell 21%. This is the largest weekly decline since October 2023. The BSE mid-cap and small-cap indices fell about 4% and 6% respectively this week.

From an industry perspective, the N-Metal Index and FMCG Index closed flat, while all other industry indices closed down.

The biggest declines were in the oil and gas industry and the automobile industry, with declines of 198% and 157% respectively. The N Bank index fell 0.42%.

As some funds release stress test results, they are confident that their portfolios can cope with volatile market conditions.

In global stock markets, the weakness is believed to be driven by discouraging U.S. economic data and weakening expectations of a Federal Reserve interest rate cut.

Some reports showed that the U.S. industrial producer price index (PPI) exceeded expectations in February. At the same time, the number of people applying for and receiving unemployment benefits was lower than expected. These factors weaken the Fed’s case for interest rates.

Market participants will be closely watching the Fed’s monetary policy stance next week. Most expect the Fed to keep interest rates unchanged and start cutting rates from the end of June or July. (Compiled by Zhu Jie)

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Jerusalem, March 20 (Reporters Lu Yingxu and Wang Zhuolun) The Israel Defense Forces and Israel’s National Security Directorate (Sinbet) issued a statement on the 20th saying that since last week, Israeli warplanes have killed four Palestinian Islamic Resistance Movement (Hamas) senior commander in the Gaza Strip.

The statement said that when Israeli warplanes attacked the southern Gaza Strip city of Rafah on the 18th, three Hamas Emergency Committee officials were killed and another person was injured. They are responsible for organizing terrorist activities and assisting the Hamas military wing in controlling the Gaza Strip.

As of now, Hamas has not responded to this matter.

The Israeli army said in this statement that Israeli warplanes also killed Nidal Eide, head of the Rafah Emergency Committee, last week.

According to data released by the Palestinian Gaza Strip Health Department on the 20th, Israeli forces ‘attacks on the Gaza Strip in the past 24 hours have killed a total of 104 people and injured 162 others. Since the outbreak of a new round of Palestinian-Israeli conflict in October last year, Israeli military operations in the Gaza Strip have caused more than 3.19 million deaths and nearly 740,000 injuries.

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According to a report by the Russian News Agency on March 20, Russian Foreign Ministry Spokesperson Zakharova said at a press conference that NATO has chosen a new direction of confrontation with Russia.

Reported that Zakharova said: NATO’s top priority is to open up a second front against my country in the Transcaucasia and reignite the war throughout the region.

She said NATO was not satisfied with Russia’s conciliatory policies in the Transcaucasia region.

The report mentioned that NATO Secretary General Stoltenberg visited Yerevan, the capital of Armenia, on the 19th and called on Armenia and Azerbaijan to sign an agreement aimed at paving the way for the normalization of relations between the two countries.

Russian Presidential Press Secretary Peskov said that NATO’s attempts to expand its influence may not strengthen stability in the Caucasus region. (Compiled by Zheng Yu)

Related news recommendations:

NATO troops exercise near Russian border

According to a report by the Russian News Agency on March 20, the Polish Ministry of Defense released a message saying that the NATO Northeast Division, composed of multinational forces, practiced defensive operations during exercises held in imaginary areas near the Russian border.

Poland’s Ministry of Defense said: During the Loyalty Lecda 2024 exercise, soldiers of the multinational Northeast Division were given such a task to carry out defensive operations in an imaginary area similar to the situation in northeastern Poland.

Reported that the command department of NATO’s Northeast Division refused to disclose details of the exercise content.

According to reports, the NATO Northeast Division headquarters is located in Elblong, Poland, and its mission is to coordinate the actions of NATO troops deployed in Poland, Lithuania, Latvia and Estonia. (Compiled by Liu Yang)

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Following the airdrop of aid supplies, U.S. President Biden announced that he would build a dock in the Palestinian Gaza Strip and provide aid by sea. The United States ‘move to deliver weapons to Israel while providing humanitarian aid to Gaza in the form of airdrops and construction of docks has been widely questioned by the international community.

U.S. President Biden announced in his State of the Union address on the 7th that the United States will build a temporary port on the Mediterranean coast of the Gaza Strip to receive supplies. The U.S. Central Command said on the 9th that a U.S. military logistics support ship had set off from the Langley-Eustis Joint Base in Virginia for the eastern Mediterranean Sea, carrying the first equipment needed to establish the temporary port. The U.S. Department of Defense earlier issued a temporary port construction timetable, saying that the project would require more than 1000 soldiers to participate and could take nearly 60 days.

Before announcing the construction of a temporary port, the United States also chose to provide aid to the Gaza Strip through airdrops. However, the effectiveness of these U.S. actions was questioned.

Abil Etfa, spokesman for the World Food Program in the Middle East: Airdrops cannot compete with or replace truck fleets in terms of the quantity of supplies delivered; they are also much more expensive than land fleets in terms of cost. The amount of airdropped supplies is extremely limited. Only a very, very few people can benefit from it.

The Council on American-Islamic Relations has called on the U.S. president to stop playing both a firefighter and an arsonist in the Gaza Strip.

Providing both food and bombs, Biden may involve himself in the Gaza War. The New York Times published an article titled on the 8th, saying that although Biden decided to provide assistance through air and sea transportation, the other side is still providing bombs to Israel. The United States may suddenly find that it is already at the same time to some extent. The position of both sides in the conflict has raised questions and concerns about its role.

A friend posted that the United States ‘actions were extremely hypocritical. The hypocrisy and double standards of American politicians are world-class. What the United States is doing is like cutting off people’s legs and giving them several wheelchairs.

Michael Fahri, United Nations Special Rapporteur on the right to food: I have reason to believe that this is a show to cater to the American audience as the U.S. election approaches. This is the only reasonable explanation. According to my previous description, from a humanitarian perspective, an international perspective, and a human rights perspective, the United States ‘airdrops and the establishment of sea ports seem ridiculous.

Some people in the Gaza Strip even bluntly said that the so-called aid efforts of the United States are actually useless. The United States has not made any real efforts to save the humanitarian disaster there.

Hassan, the displaced: Instead of telling us they will build a port to help us, stop supplying weapons to Israel, all those weapons from the United States are killing us and our children anytime and anywhere.

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United Nations, March 11 (Reporter Shang Xuqian) United Nations Secretary-General Guterres called on the 11th to cease hostilities in the Gaza Strip and Sudan during Ramadan.

Guterres said at a press conference held at the United Nations Headquarters in New York at the beginning of Ramadan that Ramadan is the month when Muslims around the world advocate peace, reconciliation and unity. Ramadan has arrived, but the killing, bombing and bloodshed continue in the Gaza Strip. He called for the immediate cessation of gunshots in Gaza, the removal of all obstacles to humanitarian relief, and the release of all detainees.

At the same time, Guterres once again urged the Sudanese conflict parties to stop hostilities during Ramadan. He said the Sudanese people were facing hunger, terror and unspeakable suffering, and the fighting must end.

Guterres called on political, religious and community leaders in the Gaza Strip, Sudan and other parts of the world to do everything they can to keep Ramadan peaceful and it is time to end the terrible suffering.

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According to South Korea’s “Chosun Ilbo” and other South Korean media reports, Cho Dou-Chun, the prototype criminal of the South Korean film “So-won”, was sentenced to three months in prison by the South Korean District Court on the 20th for violating the night travel restriction after being released from prison.

According to South Korean media, Zhao Douchun was sentenced to 12 years in prison in 2009 and was released from prison after serving his sentence in December 2020. South Korean courts issued a restriction order on night travel.《

Chosun Ilbo stated that on the evening of December 4, 2023, Cho Douchun left home alone and wandered around the community for 40 minutes, during which he deliberately wandered near the guard post next to his residence, causing panic among community residents. His explanation to the police was that my wife and I had a quarrel.

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According to a report by TASS news agency on May 23, U.S. Secretary of State Anthony Brinken admitted that the United States cannot include Russia on the list of countries supporting terrorism because Russia is not such a country.

Reported that Blinken said at a hearing before the U.S. House Foreign Affairs Committee on the 22nd: Aggression is not a terrorist activity, it is two things.

When asked why the U.S. government did not listen to the calls of the Ukraine authorities and some Westerners and refused to include Russia on the list of countries supporting terrorism, Blinken said: First of all, regarding the designation of a country supporting terrorism, in addition to what Russia does in our view does not fall into such activities, there are also the following considerations: it may undermine certain multilateral cooperation and our coordination based on sanctions (against Russia).

Blinken pointed out: If we come to peace negotiations in the future, it will be extremely difficult to reverse this. You should put this into the game so that you can cross the finish line directly. He added: Another real problem is that it may hinder our proactive efforts to force Russia to pay Ukraine’s huge losses, including using Russian sovereign assets. If (Russia) is identified as a state supporting terrorism, these assets could be frozen during court proceedings.

Blinken said that the executive branch of the U.S. authorities already has sufficient power to take various restrictive measures against Russia and is actively using these powers. They are more precise in describing what Russia is doing. Moreover, we don’t want to encounter unforeseen consequences and derivative effects that may in fact complicate the process of achieving our goals. Blinken concluded.

Reports said that the United States may include countries that it believes have supported international terrorism on its list of countries sponsoring terrorism. The U.S. Treasury Department may take measures against legal persons, natural persons and countries that trade with countries on the list. Iran, North Korea, Cuba and Syria are all on this list. (Compiled by Liu Yang)