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Singapore economy
Singapore economy
A year to remember
2020 was said to be a year of recovery, but the virus had other plans
December 18, 2020
Singapore economy
Decline in Singapore's NODX deepens in November
Total trade for November was down 8.7%, improving marginally the previous month’s 9.0% decline.
December 17, 2020
Startups, Entrepreneurs, Digital economy
Singapore's technology challengers are punching above their weight
There is much potential for Singapore's fast-growing emerging technology companies which can now rival mature hubs like Japan.
December 17, 2020
Tech
Singapore to spend $25 billion between 2021 and 2025 to carry momentum in science and technology
$25 billion, or about 1% of Singapore's GDP set aside to sustain investments in Research, Innovation and Enterprise from 2021-2025
December 11, 2020
Singapore economy
Singapore's economy expected to expand between 5% – 5.9% in 2021: MAS Survey
Respondents to MAS’ survey expect Singapore’s economy to contract by 6.0% this year.
December 10, 2020
Labour market
Effects of Covid-19 on Singapore's workforce varied across sectors and ages; pace of increase in unemployment rate slowed in October
MOM notes that resident unemployment levels have rebounded to near pre-Covid levels in 3Q2020
December 03, 2020
Singapore economy
Singapore needs to boost auditing standards to boost nation's ESG credibility
While Singapore’s corporate disclosure level improved this year, it lags behind neighbouring countries like Malaysia and Thailand.
December 03, 2020
Broker's Calls
STI expected to undergo correction as 'bullish momentum is overstretched,' says CGS-CIMB analysts
Lim and Ng say there was a “strong earnings season”, with consumer, telcos and property sectors being among the best performers.
December 02, 2020
Broker's Calls
Analysts upbeat on Singapore recovery, while predicting a slowdown in growth momentum in 4Q
The economists have mainly maintained their GDP forecasts for the FY2020 and FY2021.
November 25, 2020
Singapore economy
Singapore's Oct inflation drops by 0.2%
Singapore’s CPI dropped in October
November 23, 2020