Government

Bulk of retrenched residents in Q1 are PMETs

Professionals, managers, executives and technicians (PMETs) continued to make up the majority of retrenched residents in the first three months of this year, and will bear the brunt as the...

Singapore looking to grow its sustainable finance sector: Heng

OVER S$6 billion worth of green bonds have been issued in Singapore so far, with plans to grow the sustainable finance sector even further, said Acting Prime Minister and Minister for Finance Heng...

Economists trim Singapore's 2019 growth forecast to 2.1%

TRADE protectionism remains the top growth risk cited by private-sector economists, who have further trimmed their 2019 forecast for Singapore to 2.1 per cent, in the Monetary Authority of...

Singapore retail sales continue slump in April

SINGAPORE retail sales were down 1.8 per cent year on year in April, deepening from March's 1 per cent fall and worse than economists' expectations of a 0.2 per cent decline, according to a...

Q3 hiring prospects in S'pore to stay stable: Survey

Singaporean employers remain optimistic in their hiring plans for the third quarter of this year, new research shows.

Singapore to experience sharpest slowdown in S-E Asia with 1.9% GDP growth this year: ICAEW report

SINGAPORE is expected to experience the sharpest economic slowdown in South-east Asia, with GDP (gross domestic product) growth slowing from 3.1 per cent in 2018 to 1.9 per cent this year, as its...

Hopes dim of growth recovery in H2 as May's PMI falls below 50

SINGAPORE factories face an uphill slog, as a much-longed-for industry turnaround in the second half of the year could fail to materialise.

Leaders whose actions shock markets risk eroding public trust in policy makers

POLITICAL announcements, such as Donald Trump's shock move to slap tariffs on Mexico, have an impact on monetary policy decisions and could undermine trust in policy makers, said economists and...

Singapore refutes US accusation of currency manipulation

SINGAPORE "does not and cannot use the exchange rate to gain an export advantage or achieve a current account surplus", the Monetary Authority of Singapore (MAS) said in response to the US...

Govt infocomm-tech tenders worth billions open to SMEs

THE government will award between S$2.5 billion and S$2.7 billion worth of info-communications and technology (ICT) contracts in FY2019, which runs from April 2019 to March 2020.

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