Economy

Job Supports Scheme enhanced for Phase 2 Heightened Alert

Job Supports Scheme enhanced for Phase 2 Heightened Alert

Support will now be offered to those working in the retail, arts, and sports and fitness sectors, including the self-employed.

Singapore provides up to $700 one-off payout for employees on no-pay leave

The support package is part of the new COVID-19 Recovery Grant (Temporary).

Daily Briefing: Japan extends coronavirus state of emergency; US economy expands by 6.4%

And find out how much Southeast Asian women could contribute to the e-commerce market.

Services industry revenues weakened by 1.5% in Q1

Administrative, recreation, and real estate services saw double-digit declines in revenue.

Singapore's has highest quality "business elites" in the world

Singapore tops the Elite Quality Index for the second year in the row.

Daily Briefing: Global property markets to soar; UN envoy warns of potential Myanmar civil war

And more companies to move supply chains to China as COVID cases spike in other Asian economies.

Singapore hikes 2021 trade, NODX outlooks as quarterly figures improve

Enterprise Singapore expects growth of non-oil domestic exports to fall between the 1.0%-3.0% range for the full year.

Inflation smashes seven-year high to hit 2.1% in April

Transport costs accelerated much of the national price index, increasing by 9.7% year-on-year.

Petroleum drags domestic wholesale trade to -4.7% in Q1

Excluding petroleum sales, domestic wholesale would have registered a 6.1% increase.

Shangri-La Dialogue cancelled due to COVID-19 concerns

The cancellation of the defence forum followed the suspension of the World Economic Forum annual meeting.

Economy recovered to pre-COVID levels in Q1: Morgan Stanley

The multinational investment bank expects Singapore to reach GDP growth of above 8% in 2021.

How badly would stricter border restrictions have affected the manpower shortage?

The Ministry of Manpower said Singaporeans would certainly feel the impact of having fewer migrant workers in their daily lives.

Emerging Stronger Task Force bares five recommendations for economic recovery

Here’s how the government and private sector plan to help the economy recover from the blows of the COVID-19 pandemic.

NODX grows by 6.0%, but misses expecations: OCBC

The market expected exports to grow by 11.0% in April, while OCBC expected 9.6% growth. Both were wrong.

What do Singaporean leaders think is the secret to business success?

Global business leaders also believe this is crucial in running a successful company.

World Economic Forum suspends Singapore annual meeting

The World Economic Forum will not push through with its August special annual meeting.

Exports expand for the fifth straight month by 6%

However, trade in three key trading partners continued to drag.