Economy

Businesses still in trouble if tourists don't return by 2021: survey
24 Nov 20
Singapore businesses call on local shoppers for support.
Singapore's Q3 GDP performing better than MTI estimates: analyst
24 Nov 20
Strong uptick in manufacturing momentum in Q3 helped improve GDP.
COVID-19 ‘dragged down' financial wellness: survey
24 Nov 20
Around 31% of respondents had issues paying off their housing loans.
SPH REIT appoints Trina Loh as new board director
19 Nov 20
Loh will be an independent non-executive director of the board.
Companies ‘cautious' on 2021 salary increments: survey
19 Nov 20
Projected overall salary increase for 2021 is at 3.5%.
SingPost issues $250m for 10-year fixed-rate notes
17 Nov 20
The notes will have an interest rate of 2.53% per annum.
ABS, SGX team up to enhance due diligence standards
17 Nov 20
Companies planning to list now have to meet higher standards.
NODX posts 3.1% drop in October
17 Nov 20
Both electronic and non-electronic NODX reported declines.
Millennials most optimistic about finances, post-COVID-19 future: UOB
16 Nov 20
More than half believe they will be financially stable in 12 months; only 13% of Baby Boomers said the same.
Singapore to require COVID-19 tests to travellers from high-risk countries
11 Nov 20
Travellers will be required to serve a 14-day stay-home notice.
Daily Briefing: Minister Teo talks review of CPF requirements; VC KK Fund taps Japan's IGPI to create new MNC businesses
8 Nov 20
And Robinsons Singapore holds a closing down sale.
SMEs remain optimistic amidst hardships, but fatigue settling in: DBS
8 Nov 20
Close to 30% are willing to sacrifice expansion plans to meet loan repayments.
Economy to gain $1b boost from festive sales season: survey
5 Nov 20
One in 10 Singaporeans are looking to book a travel bargain during this season.
PMI grows for fourth-straight month in October
4 Nov 20
It edged up 0.2 point to record a 50.5 expansion, its highest since March 2019.
Service sector under threat until March 2021
4 Nov 20
Several industries remain positive despite the latest foreboding survey results.
Get set for a prolonged recession: MAS
28 Oct 20
Economic recovery observed in Q3 will likely taper off in Q4, due to the lack of a vaccine.
Daily Briefing: Siglap Shopping Centre for sale at $120m; Singapore to plant 170,000 trees in industrial estates
26 Oct 20
And here's the adjustments that you can expect during Phase Three.
Singapore dollar rally to continue through rest of 2020: Fitch
26 Oct 20
It is forecast to reach as high as S$1.37/USD in 2021.
MAS core inflation slows to a 0.1% decline in September
23 Oct 20
Inflation is expected to come fall between -0.5% to 0% for 2020.
Singapore least affected by climate change in APAC: study
22 Oct 20
Its geographic location and healthy infrastructure helped mitigate impact.
Large gatherings may be allowed soon: MOH
21 Oct 20
Pre-event COVID-19 testing will be pilot tested.
Daily Briefing: US-based Eat Just, Proterra invest $162.85m in local plant-based protein facility; Demand for green bonds remain strong
20 Oct 20
And SG can be 'a more digital, more resilient advanced manufacturing base': DPM Heng.
Economy to shrink 5-7% this year: SGX
20 Oct 20
But recent weeks have shown that it is recovering from record-low Q2 activities.
JSS to disburse over $5.5b from 29 October
19 Oct 20
This will subside wages of almost two million workers from June-August.
NODX sees rough growth in Q4
16 Oct 20
Singapore’s recovery momentum may take a slower and choppy pace.
NODX up 5.9% in September
16 Oct 20
Last year’s low base of electronics pushed the gains.
NORX up 5.1% in September
16 Oct 20
The growth in electronic NORX outweighed the decline in non-electronics.
Daily Briefing: GIC invests in StorageMart; MOM mulls stiffer penalty on employers illegally deploying foreign domestic workers
15 Oct 20
And find ouw what cheap e-commerce platforms really mean for Singapore.
ENGIE, NUS unite to develop a sustainable campus by 2030
8 Oct 20
It aims to modernise infrastructure assets and increase energy efficiency of operations.
Singapore needs to be dynamic, inclusive to survive pandemic: Heng
7 Oct 20
The country needs to stay connected globally whilst caring for its workers.
SPH REIT's NPI up 1.2% in FY2020
7 Oct 20
This was thanks to newly-acquired assets in Australia.
MAS, MinLaw extend loan repayment support for SMEs, individuals
7 Oct 20
Individuals can choose to make reduced instalment payments for up to nine months.
Singapore firms' payment performance deteriorate in Q3: SCCB
7 Oct 20
All sectors, excluding construction, saw a decline with trailing payments.
ACRA, MAS, SGX RegCo outlines new guidelines for general meetings
6 Oct 20
Entities can hold general meetings via online until June 2021.
Phillip SGD Money Market ETF debuts on SGX
5 Oct 20
The new listing allows investors to improve fund yield without a liquidation strike.
Daily Briefing: Sirius Venture leads $1.37m funding in Aerospring; InfoCorp rolls out Sentinel Chain
10 Sep 20
And around $40m awarded to 9 farms to increase local food production.
Daily Briefing: Fintech firm Thunes raises $82.24m in series B; Tuas Nexus construction begins
8 Sep 20
And Accelerating Asia programme unveils third cohort of startups.
Business sentiment still negative in Q4: SCCB
8 Sep 20
But the financial, manufacturing, and services sectors’ outlooks improved slightly.
GDP to decline 6% in 2020: survey
7 Sep 20
The economy shrunk faster than expected in Q2.
Manufacturing PMI hit 50.1 in August
4 Sep 20
It reflects improvements in the manufacturing and electronics sectors.

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