Economy

High wages forced 42,000 businesses to exit in 1H16

The exodus spurred recession fears among Singaporeans.

Domestic wholesale trade sinks 20.5% in 2Q16

Blame it on price slump of petroleum and chemical products.

Is government ready for bailout of companies facing default?

Businesses are scuffling against oil price slump.

Singaporeans are among the most pessimistic about the economy

Its consumer confidence score dropped to a 7-year low at 33.6.

Newly formed Singaporean businesses dropped to 48% in Q2

While foreign owned-businesses upticks by 21.3%.

Singapore’s NODX sharply plunged 10.6% in July 2016

Blame it on weak electronics and non-electronics export.

Singapore kicks Hong Kong further down the innovation index

The Lion City ranked first in Asia and sixth worldwide.

There's an app for that: How the on-demand economy won over Asia

The on-demand economy—built around cheap and easy services we can use from the convenience of our smartphones—is enjoying fresh success across Asia...

Singapore consumer confidence evaporates with 10.7-point drop in H1

It’s the third biggest decline in the APAC region.

Singapore NODX stays stuck in negative territory with flat Q2 growth

Non-electronics expansion outpaced the electronics squeeze.