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Global Economy

Work just doesn't pay for thousands of people in Britain

Those on the edge of the labor market could either fix the problem or make it worse.
The worst of Covid-19 is behind us - THE EDGE SINGAPORE

Tong's Portfolio

The worst of Covid-19 is behind us

It is also human nature to place outsized weightage on perceived “wrongs” as compared to “rights”.
Singapore's unemployment rate eases to 2.9% in March, but labour market not fully back to pre-pandemic levels: MOM - THE EDGE SINGAPORE

Labour market

Singapore's unemployment rate eases to 2.9% in March, but labour market not fully back to pre-pandemic levels: MOM

While unemployment rates have been falling steadily, they are still “elevated compared to pre-Covid-19 levels,” says MOM.
Will Covid-19 accelerate productivity growth? - THE EDGE SINGAPORE

Disruption and Digitalisation

Will Covid-19 accelerate productivity growth?

Covid-19 has had a measurable impact on the global economy but gains in productivity from robot use is far trickier to gauge.
Fall in Singapore's total employment and retrenchment improves in 3Q2020 - THE EDGE SINGAPORE

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?
Rebound in Singapore's economy likely to take longer than previous recessions: MAS - THE EDGE SINGAPORE

Singapore economy

Rebound in Singapore's economy likely to take longer than previous recessions: MAS

How long will it take for Singapore’s economy to reach pre-Covid levels?

Tong's Portfolio

Domestic consumption and households demonstrate resilience

In this issue, and over the next couple of weeks, we will share the many silver linings in the country’s most recently published.
AIA creates up to 500 career opportunities for fresh graduates and mid-career switchers - THE EDGE SINGAPORE

Company in the news

AIA creates up to 500 career opportunities for fresh graduates and mid-career switchers

The scheme aims to provide support to individuals seeking careers in Singapore’s financial services sector.

US Economy

Fed chairman Powell warns of long recovery despite employment uptick

BOS Chief Economist Mansoor Mohi-uddin sees the Fed’s dovish outlook keeping US Treasury yields very low, supporting risks assets while weakening the US Dollar further.

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.
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