May retail sales hit all-time low; industry hoping for rebound
SINGAPORE retailers crashed to an all-time low in May, as revenue was more than halved on the year before.
Factories reopened in June, but weak global demand continues to hurt
SINGAPORE factories were set to ramp up activity in June as a two-month "circuit breaker" ended, an early sentiment gauge has suggested.
Singapore factory sentiment negative for fifth month as PMI inches up to 48.0 in June
SINGAPORE manufacturing sentiment picked up again in June as the “circuit breaker” ended, but remained in negative territory for the fifth straight month, according to data out on...
Singapore retail sales notch record 52.1% drop in May on 'circuit-breaker' fallout
SINGAPORE retail sales plummeted by a record degree in May, as the second month of the national “circuit breaker” extended the sector’s losses.
Companies tap Covid-19 skills upgrading scheme more than 60,000 times
A SCHEME to encourage staff training during the Covid-19 pandemic has been taken up more than 60,000 times since its unveiled in the Unity Budget in February.
Singapore adds China to 12-country pledge to keep trade open amid virus crisis
SINGAPORE’S biggest trading partner has become the latest country joining a pledge to keep supply chains open during the novel coronavirus pandemic.
'Circuit breaker' a culprit as Singapore factory output posts 7.4% drop in May
SINGAPORE'S factory output snapped a two-month winning streak in May to slide unexpectedly into negative territory, with the novel coronavirus pandemic largely fingered as the culprit.
Industry road maps see a rejig, but tech, resilience remain core
WHILE the Covid-19 pandemic prompted a "rejig" in Singapore's industry standards road map, technology and resilience will still be core to a new five-year plan, policymakers here told the press on...
Singapore Standards Council to set benchmarks in emerging areas for post-Covid economy
SINGAPORE will work on new industry yardsticks to help companies do business in the post-coronavirus economy, Enterprise Singapore (ESG) and the Singapore Standards Council (SSC) said in an update on...
May consumer inflation negative again amid Covid-19 curbs
THE deflation in key consumer prices persisted in May, as the novel coronavirus pandemic kept all costs subdued except for food items.