Economy
Daily Briefing: Razer sets up mask manufacturing line in Singapore amidst COVID-19 shortage; KKR shelves to sell Goodpack amidst market turmoil
Daily Briefing: Razer sets up mask manufacturing line in Singapore amidst COVID-19 shortage; KKR shelves to sell Goodpack amidst market turmoil
And Manpower minister plans on penalties for firms who are not following the guidelines.
Why Business Continuity Planning of IT infrastructure is a must for Singaporean companies to survive Covid-19
Earlier this month, the World Health Organization (WHO) declared Covid-19 a global pandemic. This news has sent shock waves across the world and has...
Daily Briefing: Securing grocery deliveries get difficult amidst COVID-19; Fintech startup MatchMove buys stake in e-commerce solutions provider
And agrifood tech firm DiMuto raises undisclosed funds from venture capital studio Latin Leap.
Daily Briefing: HOOQ files for liquidation; 2,300 students ask to return from overseas placement amidst COVID-19
And Switzerland-based software firm Netcetera opened its first office in Singapore.
Fiscal deficit to make up 11.4% of GDP in 2020: Fitch
Final deficit figure likely to fall at 7.2%.
Daily Briefing: Singapore's PM says tourism and aviation industries are virtually dead; CPF services centre in Bishan temporarily closes
And medtech firm Biolidics acquires lab operator for $3.7m.
Recession risks for 2020 to persist despite resilience budget: analysts
Another fiscal package may be necessary if recession lasts to Q4.
Government launches $48b resilience budget against COVID-19 pandemic
Qualified commercial properties may receive a 100% tax rebate.
Factory output dipped 1.1% in February
The electronics sector saw the sharpest decline in output at 17.3%.
Singapore headed for recession: MTI forecasts
Advanced estimates on Q1 GDP showed a 2.2% contraction.
Singaporean services hit record-high in customer satisfaction in 2019
But customers stil bemoan the long waiting time in hospitals.
Daily Briefing: Bar and cinema closures rub salt in wound for economy; Pandemic may hit S-REITs harder than the Financial Crisis
And Singapore will make its contact tracing tech freely available to developers worldwide.
Local bankruptcies rose to record-high even before the pandemic hit
The number of individuals filing for bankruptcy soared 47% from 2018 to 434 in January.
Inflation to ease further amidst collapse in demand
MAS is expected to lower their inflation forecasts to -0.5 to 0.5%.
COVID-19 could spur $620b in losses for Asia-Pacific
Inflation and policy rate falls as unemployment rate increases in the region.
Why companies should prioritise compliance during a worldwide pandemic?
Financial institutions around the world are facing greater operational and compliance risks with the emergence of the recent pandemic, Covid-19...
Inflation down 0.1% in February
Falling costs of airfares and holiday expenses dropped.
Read Here
Advertise
Sign Up
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?