Singapore economy

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession - THE EDGE SINGAPORE

Singapore economy

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession

Going into FY21, we foresee the fiscal deficit will continue to be impacted by weak operating revenue,” say RHB economists.

Singapore economy

As Singapore moves to protect local jobs, expats question their role

The caricature of the European sipping a gin and tonic under a shady tree with rent and school fees taken care of, is out of date.
Government support measures will prevent GDP from contracting by a further 5.6% in 2020, and 4.8% in 2021, says DPM Heng - THE EDGE SINGAPORE

Singapore economy

Government support measures will prevent GDP from contracting by a further 5.6% in 2020, and 4.8% in 2021, says DPM Heng

On Oct 3, he announced via Facebook that there will not be an additional round of support measures.
Singapore's factory activity continues growth trend for third month in August  - THE EDGE SINGAPORE

Singapore economy

Singapore's factory activity continues growth trend for third month in September

Manufacturing activity grew at a faster pace in August than the previous two months.
Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB - THE EDGE SINGAPORE

Singapore economy

Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB

Singapore’s GDP is slated to contract between 4.5% and 5.5% year-on-year in 3Q2020, CGS-CIMB economists predict.
Singapore AUM up 15.7% to $4 trillion in 2019: MAS - THE EDGE SINGAPORE

Singapore economy

Singapore AUM up 15.7% to $4 trillion in 2019: MAS

The growth was broad-based across traditional and alternative assets, according to the central bank.

Singapore economy

Singapore's population drops for first time in 17 years to 5.69 mil

The decline was largely due to a reduction in foreign employment in the services sector.
Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB

The easing of Singapore’s Phase 2 measures spells good news for ComfortDelGro and CapitaLand Mall Trust.

Singapore economy

Singapore's CPI remains in the red in August, but eases from July's decade-low

Singapore’s core and headline inflation remained in the red for the seventh straight month in August 2020.
Singapore risks losing competitiveness if it doesn't digitalise: Minister Chan - THE EDGE SINGAPORE

Disruption and Digitalisation

Singapore risks losing competitiveness if it doesn't digitalise: Minister Chan

Singapore must transform its economy immediately to avoid losing its hub status
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