Oxford Economics

Analysts from OCBC and UOB expect Singapore's full-year NODX to come in at -12.5% and -12.6% respectively.

On the flipside, too much focus on compliance is the second-biggest sustainability challenge for businesses in the region.

35% of enterprises surveyed say service excellence is now their primary source of value and differentiation.

The economists have mainly maintained their GDP forecasts for the FY2020 and FY2021.

A less erratic and confrontational foreign policy could provide a positive tailwind to Asian economic recovery and currencies.

On his election, Biden says he is “honoured”, and that he will be “a President for all Americans”.

Services accounted for 55% of all global trade flows with a value of US$13.7 trillion of cross-border transactions in 2019.

The global economic slump is likely to extend till 2Q2021 as lockdowns continue.

61% of APAC SMEs surveyed created remote work set-ups for employees during this period, while 69% invested in IT and collaboration solutions to support remote access, as well as online learning.

Following the release of advance gross domestic product (GDP) estimates by the Ministry of Trade and Industry on Tuesday morning, economists are buoyant on Singapore’s economic outlook, despite the dismal numbers reported in 2Q20.