Economy
Singapore trails New Zealand in ease of doing business
Singapore trails New Zealand in ease of doing business
It had the best environment for enforcing contracts.
Household income inequality fell to eight-year low in 2019
Median household income rose 1.4% to $9,425 in 2019.
SARS playbook may slump currency to 2017 lows
MAS re-centered the policy band lower for the currency amidst the SARS outbreak in 2003.
NODX tipped to drop 1% in 2020
It could worsen if the COVID-19 outbreak becomes more widespread.
Everything you need to know about the Big 4's reactions to Budget 2020
Find out what EY, Deloitte, KPMG, and PwC have to say about the Budget.
Budget deficit hit $1.7b in FY 2019
This translates to 0.3% of the GDP.
Singapore Budget 2020 Full Coverage: COVID-hit sectors to get $4b and GST hike moved to 2025
The budget deficit could hit $5.1b in 2020, the government injects $1.6b into the CPF Housing Grant, and $1b gets pumped into cybersecurity measures.
Fiscal deficit to hit two decade-high in 2020
The economic effects of the COVID-19 outbreak demanded a much bigger stimulus.
GDP expanded 0.7% in 2019
The slower growth was partly driven by the manufacturing sector contracting 1.4%.
GDP growth forecast revised down to 0.5% for 2020
This falls at the lowest end of the earlier official forecast announced last November.
Total merchandise trade down 3.2% to $1t in 2019
This is blamed on oil trade as it fell 13.9% in 2019 amidst lower oil prices.
Daily Briefing: Budget to include package to ease household costs amidst COVID-19; Binance applies for crypto licence
And 72% of internet users in Singapore are mobile gamers.From Channel News Asia:
Malaysia GDP slows to 3.6% YoY in Q4 2019
Downturns in crude petroleum and natural gas segments triggered the lag.
Budget 2020 to include economic package to counter COVID-19
The package aims to help workers stay in their jobs.
Would Singapore be able to move past its contracting economy?
It is expected to attract more FDIs, according to Tricor Group CEO Lennard Yong.
Retail sales dropped 2.8% in 2019
Motor vehicle sales sharply fell 11%, the lowest in three years.
The intricacies of evolving incentives in the new decade
In the era of digital economy, industry 4.0, and climate change, organisations, globally and in Singapore, are swiftly transforming their business...
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