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Singapore economy
Singapore economy
More fiscal support expected as Singapore faces worst recession on record
A joint study by MTI and MOF shows that Singapore’s budgets this year, have prevented real GDP from losing about 5.5% in 2020.
August 14, 2020
Labour market
Matured, experienced, unemployed
Singapore is facing its worst recession on record, and mature workers need to upskill to remain relevant to the agile workforce
August 14, 2020
Labour market
Job-seekers urged to consider more options but question of right fit remains
The Covid-19 pandemic has done enough damage in the past six months to wipe out Singapore’s economic gains since 2016. The government estimates the economy to shrink between 5% and 7% this year, a lowered forecast of –4 to –7% given earlier.
August 14, 2020
Singapore economy
Economists mixed on road ahead for Singapore
Economists are maintaining a cautious stance on Singapore’s economic growth for the year as the city-state reels from the Covid-19 bug.
August 12, 2020
Singapore economy
Staying still 'not an option' for Singapore, since it is 'not returning to a pre-Covid-19 world': Chan Chun Sing
Singapore cannot afford to wait out for the coronavirus to abate, as the permanent changes is brings will hinder it from reverting to a pre-Covid-19 economy, Minister for Trade and Industry (MTI) Chan Chun Sing said on August 11.
August 11, 2020
Broker's Calls
'Despair' in stock market in final phase, say DBS analysts
DBS analysts expect a bottoming out to the STI to have occurred in 2Q2020 ended June
August 07, 2020
Asean
Growth in Asean, China, Japan and Korea expected to rebound to 6% in 2021, says AMRO
"Regional growth is expected to slow sharply this year, from 4.8% in 2019, to 0% in 2020 before rebounding strongly in 2021,” says AMRO’s chief economist Khor Hoe Ee.
August 07, 2020
Singapore economy
Reimagining Singapore
Having transformed from a Third to First World nation in slightly more than half a century, Singapore today is confronted with a similar set of challenges while facing Covid-19. How can it transform itself to stay relevant for the next 50 years?
August 07, 2020
Singapore economy
Singapore at 55: How to deal with growing angst?
As Singapore commemorates its 55th National Day, it is not the most auspicious of times. The nation confronts multiple challenges outside its control such as the pandemic and geo-political tensions. And, it has to face up to these forces when there are al
August 07, 2020
Singapore economy
The world needs safe options but who can fill this gap?
As countries fight to contain the Covid-19 virus, the current state of the world has become increasingly more complex and difficult, both in the financial markets and in the geopolitical arena.
August 07, 2020