Relief for businesses is limited by design
THE latest relief measures on foreign worker levies and rents are meant as a targeted buffer during enforced business closures this month, analysts told The Business Times.
Layoffs may loom as Singapore factory outlook falls to 2009 levels
SINGAPORE'S factory activity has fallen to levels last seen during the Great Recession, according to early industry figures out on Friday.
Wary analysts await Monday rescue plan, but warn of deeper recession risks
THE new set of moves to curb the deadly rampage of Covid-19 might deepen the dent in the Singapore economy, economists have warned, as they fret over the downside to their already-sober recession...
MAS' double-tap policy easing still an exercise in restraint
SINGAPORE'S central bank brought out the big guns on Monday.
Wage support may help save jobs - but not all of them
THE financial ordeal is far from over, but a fresh round of wage support could stave off the spectre of layoffs, especially for workers in sectors reeling from the Covid-19 pandemic.
Singapore, partners pledge to keep essential trade moving
SINGAPORE and half a dozen other regional economies have pledged to keep air, sea and other trade flows open during the Covid-19 pandemic.
Telework is not business as usual for telcos
REMOTE employment has become de rigueur to contain the spread of the deadly Covid-19, and telcos rushed to sell digital work solutions for companies enacting business continuity plans (BCP) such...
Budget 2.0: Economists favour job-saving aid over direct cash handouts
IN the US, there is talk of cheques to households at S$1,200 per adult; in Hong Kong, a handout of HK$10,000 (S$1,850) apiece has already been announced.
More major events in Singapore to be delayed as social distancing kicks in
SOME flagship industry showcases that regularly put Singapore on the world map will have to be delayed this year, as the Covid-19 pandemic puts the kibosh on large gatherings.
Mice sector hurting from scrapped events, seeks forms of relief
AS THE Covid-19 pandemic brings about social distancing and unprecedented travel restrictions, Singapore's event organisers have been rushing to keep up with fast-changing rules.