Government

Monetary policy won't change in April, despite headline inflation uptick: Analysts

HEADLINE inflation returned to positive territory for the first time in nearly a year, as all-items consumer prices rose year on year in January.

Singapore consumer prices rise in January for first time in nearly a year

HEADLINE inflation returned to positive territory in the new year, with all-items consumer prices in Singapore rising 0.2 per cent year on year as car costs and rentals went up.

Progressive Wage Model may be expanded to middle-wage workers: NTUC

THE labour movement is looking to extend the Progressive Wage Model (PWM) to middle-wage workers, even as it pushes for its implementation in three more sectors for lower-wage workers in the next...

S Pass tightening: job take-up by locals to differ between industries

MID-SKILLED locals will likely benefit from Singapore's lower reliance on foreign workers in manufacturing, watchers have agreed - even in the face of the perennial complaint that such jobs are...

Singapore's January export growth triggers optimism for 2021

SINGAPORE exports appear to be off to a good start this year, and the pleasant surprise has left economists optimistic about the year ahead.

Old-school sectors could benefit from S$1b in funding platform

LARGE Local Enterprises (LLEs) hit by cautious sentiment in the private equity (PE) market - especially those in traditional sectors such as retail and manufacturing - could gain a boost from a...

Hiring support for 200,000 locals and training for up to 35,000 through Jobs Growth Incentive

THE government is aiming to support the hiring of 200,000 locals while providing up to 35,000 traineeship and training opportunities this year through the next phase of the SGUnited Jobs and...

5 things to watch for at Budget 2021

Deputy Prime Minister and Finance Minister Heng Swee Keat is presenting the 2021 Budget Statement this afternoon, the first one for this term of government following the General Election in July...

Timing Singapore's GST hike a catch-22 situation: tax analysts

DECIDING on the timing of the Goods and Services Tax (GST) could prove to be a delicate challenge for the Singapore government, which is sandwiched between not just fiscal and political pressure...

ESG maintains official 2021 non-oil export estimate; economists more optimistic

GLOBAL vaccine distribution should boost Singapore's recovery and export growth this year, said economists, with some having more optimistic forecasts than trade agency Enterprise Singapore (ESG),...

Wage subsidies helped trim Singapore firms' unit business costs in 2020: MTI report

OVERALL business costs have decreased on a unit basis in Singapore, as wage subsidies drove down the total cost of labour during the Covid-19 recession.