Economy

What do Singaporean leaders think is the secret to business success?
18 May 21
Global business leaders also believe this is crucial in running a successful company.
World Economic Forum suspends Singapore annual meeting
18 May 21
The World Economic Forum will not push through with its August special annual meeting.
Exports expand for the fifth straight month by 6%
17 May 21
However, trade in three key trading partners continued to drag.
What could cause a second circuit breaker? The Health Minister answers
17 May 21
Health minister Ong Ye Kung gives three factors that could lead to a new set of enhanced "circuit breaker" social distancing...
Businesses struggle to cope with lack of foreign manpower: SBF
10 May 21
The Singapore Business Federation says the country should not completely close its borders to foreign workers.
SME cashflow returns to pre-circuit breaker levels: OCBC
6 May 21
Small and medium-sized enterprises in healthcare and transport were the strongest performers in OCBC's SME index last quarter.
What's at stake with this return to Phase 2?
6 May 21
UOB weighs in on the reimposition of stricter measures as COVID-19 cases increase.
Could the circuit breaker measures be back? Government won't rule it out
5 May 21
Health Minister Gan Kim Yong said the government will remain vigilant in preventing the spread of COVID-19.
Traveller quarantines extended to 21 days as COVID-19 cases increase
5 May 21
Singapore tightens border measures against more countries and has increased the mandatory quarantine period.
Singapore reduces workplace attendance back to 50%
5 May 21
The maximum sizes of business events have also been reduced to prevent the spread of COVID-19.
Strait Times Index marks strongest start to a year since 1999
4 May 21
STI recorded a 13.2% price gain over the first four months of 2021.
Most of the services sector optimistic for the 2nd quarter in a row
3 May 21
The retail trade and accomodation sectors, however, remain shrouded in negative sentiment.
Growth of 6.3% predicted for consumer spending projects: Fitch
3 May 21
Household spending has been estimated to have contracted by 13.8% over 2020.
More Singaporeans to snatch up jobs by year-end: UOB
2 May 21
With joblessness rates falling in the first quarter, UOB Global Economics say things are likely to continue improving.
Here's why more Singaporeans are turning into penny pinchers
29 Apr 21
At least three in five are tracking expenses on a regular basis.
Employment increases for the first time in one full year
29 Apr 21
Approximately 4,800 Singaporeans found employment in the first quarter of the year.
Analysts forecast higher GDP following surprising industrial production results
28 Apr 21
The 7.6% surge of industrial production in March broke past analyst estimates.
Inflation hits four-year high. Should we be concerned?
27 Apr 21
Headline inflation hit a 4-year high of 1.3% in March, the highest since May 2017.
Lifelong employability matters more than lifelong employment: Heng
26 Apr 21
The shift comes as the deputy prime minister expects a fast-changing and uncertain post-COVID-19 world.
Inflation speeds up for the sixth month in a row
26 Apr 21
Private transportation costs drive inflation past the 1.0% mark in March.
Singapore must innovate to achieve emission reduction goals: Lee
26 Apr 21
The Prime Minister also said Singapore would contribute its share to the climate agenda.
SG-HK air travel bubble to start (again) on 26 May
26 Apr 21
The proposed bubble has seen multiple delays since it was first supposed to go ahead in November last year.
Lull's over: Retail sales show first positive growth in over two years
25 Apr 21
Sales data for February 2021 showed a growth of 3.5% YoY.
Transfer pricing considerations for centralised treasury centres in Singapore
20 Apr 21
The recent global financial crisis brought on by the COVID-19 pandemic has emphasised the importance of cash and financial risk management for all...
March NODX performance has analysts upbeat
19 Apr 21
Overall exports surged by 21%, leading experts to upgrade their Singapore economic forecasts.
Recovery from COVID-19 drives GDP rise in Q1
18 Apr 21
It has grown 0.2% YoY in Q1 following contractions from three previous quarters.
Exports tripled their growth to 12.1% in March
16 Apr 21
Non-oil domestic exports saw an overall boost from both the electronic and non-electronic sectors.
Light at the end of the tunnel? Singapore to maintain 5.8% GDP growth forecast
15 Apr 21
The threat of of COVID-19 variants attacking key trading partners may still weaken recovery, advises Fitch.
Monetary policy maintained as MAS looks ahead to economic recovery
14 Apr 21
However, the money supply chiefs are aware that pandemic risks remain.
Singapore leads regional free trade agreement ratification
12 Apr 21
The Regional Comprehensive Economic Partnership needs ratification from nine countries.
Unemployment continues downward trend
8 Apr 21
Joblessness across Singapore fell to 3.0% in February 2021.
SME business sentiment rises cautiously to neutral levels
7 Apr 21
Negative sentiment is expected to ease across all business sectors over the next six months.
Proposed SINGA bonds unlikely to affect credit rating: OCBC
7 Apr 21
The government plans to borrow $90b for infrastructure projects, the highest amount of potential borrowing in three decades.
Most family businesses still have weak digital capabilities: survey
7 Apr 21
Research finds they lack digital tools required for the current changes in the business landscape.
Build digital infrastructure sustainably: National Development Minister
7 Apr 21
Speaking atthe opening of Digital Realty's new data center, Desmond Lee stressed the importance of environmental sustainability.
Industry Transformation Maps to be refreshed: Heng
6 Apr 21
ITMs progress has been disrupted by the pandemic, and a refreshed direction is needed.
Singapore ratifies ASEAN Trade in Services agreement
6 Apr 21
It provides guarantee of the widest preferential services market access into the ASEAN region.
Government committee to look into Integrated Shield Plans issues
5 Apr 21
Concerned parties have met to discuss improvements on management of IP panels.
Singapore joins IMF efforts to help low-income countries impacted by pandemic
1 Apr 21
Singapore is set to provide US$20.57m to help the International Monetary Fund's regional assistance programme.
Singapore startup landscape remains resilient amidst COVID-19
31 Mar 21
Tech startups drew in $5.5b of capital over the past year.

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