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Singapore economy
Singapore economy
Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020
GDP not likely to return to pre-Covid levels until the end of 2021," noted Gabriel Lim, Permanent Secretary for MTI.
November 23, 2020
Singapore economy
Decline in Singapore's domestic and foreign wholesale sales see improvement in 3Q2020
Domestic wholesale sales plunged 36.4% in 3Q2020 improving from the 40.6% decline seen in 2Q2020.
November 20, 2020
Singapore economy
Singapore to have a budget deficit in 2021 as economy reels from Covid-19 bug: PM Lee
PM Lee sees the government running a budget deficit at least through early next year, and perhaps “a while” longer.
November 17, 2020
Singapore economy
Singapore's NODX posts shocking plunge following decline in non-monetary gold shipments
NODX makes surprise plunge in Oct.
November 17, 2020
Singapore economy
Singapore's factory output grows for fourth consecutive month in October
Economists expect the growth momentum in manufacturing and electronics to continue in the coming months.
November 03, 2020
Labour market
Fall in Singapore's total employment and retrenchment improves in 3Q2020
Does 3Q2020 mark the bottom of contraction in unemployment and retrenchments in Singapore?
October 30, 2020
Singapore economy
Business sector generally upbeat in next six months till March 2021
The general business outlook remains negative at 5%, but it's an improvement from the -31% recorded in the previous quarter.
October 30, 2020
Singapore economy
Manufacturing sector expects weaker business outlook amid economic uncertainty: EDB
A weighted 18% of manufacturers anticipate improvements on the operating environment while a weighted 21% foresee a weaker outlook
October 30, 2020
Singapore economy
September cheer for manufacturers but MAS warns of slow, uneven recovery
What’s ahead for Singapore’s economy?
October 30, 2020
Singapore economy
We need stronger consumer protection for a better economy
Singapore needs to strengthen its consumer protection laws to promote fairer outcomes for consumers without compromising growth.
October 30, 2020