Economy

3 in 4 firms seek a second support package

3 in 4 firms seek a second support package

Defraying wage costs and tax rebates were the most sought-out subsidies.

Why your firms' internal processes may determine the business impact of COVID-19

The COVID-19 viral disease is officially a pandemic now. As of 15 March, there are over 153,000 confirmed cases globally according to World Health...

COVID-19 pandemic to hit economy harder than SARS

Singapore’s GDP might drop as steeply as 2% YoY in the first half of the year.

Singapore SMEs' plight adds to banks' woes

NPL ratio will reach almost 2% YoY for the whole year, the highest since 2009.

Indonesia's account deficit widens to 3% amidst COVID-19 outbreak

This was blamed on trade disruptions and shrinking primary income.

Why is business resilience important during Covid19?

With COVID-19 now having been declared a global pandemic, I say that these have been some of our busiest weeks in recent memory at InCorp. A brutish...

China's 2020 growth forecast dips to 5.2% amidst COVID-19 outbreak

Report outlines three downside risk scenarios for China’s GDP.

Singapore, Hong Kong, Osaka hailed world's costliest cities for expats

Asian cities continue to have the most expensive groceries.

Singapore dethrones Hong Kong as freest economy in the world

Citizens of free countries are said to enjoy incomes more than double the global average.

Auto sales expected to decline in multiple Asian countries

Production suspension in China affects supply chain in the whole region.

NODX climbed 3% in February

Both electronics and non-electronics exports recorded growth.

Asian markets boost economic buffers as pandemic hits economies

Economies with high debt levels may run out of policy space.

Breaking the Mould—Helping Manufacturers in Singapore Embrace Innovation in 2020 and Beyond

Technology innovation does not need to be intrusive or all-encompassing. It is something that can be achieved by every manufacturer—no matter where...

Gender Smart Investing: the US$4.5t opportunity Singapore can leverage

The data is unequivocal: no matter where in the world you are born, life is harder if you are born a girl. From health to education to work, women...

Second COVID-19 support package could include wage support

Targeting the scheme to tourism-related sectors would have high impact.