Government

Singapore services receipts down 1.1% in Q1

SINGAPORE'S services sector saw receipts fall 1.1 per cent year on year in the first quarter of 2020, in a reversal from the previous quarter's 4.5 per cent growth, according to a Department of...

Singapore's financial position weaker in coming years: Heng

WITH almost S$100 billion set aside to combat Covid-19, Singapore's financial position will be "a lot weaker" in the coming years, and it will need to find ways to manage this "difficult financial...

Singapore services sector takings fall 1.1% in Q1

SINGAPORE'S services sector saw receipts fall 1.1 per cent year on year in the first quarter of 2020, in a reversal from the previous quarter's 4.5 per cent growth, according to a Department of...

Factory output up 13% in April, biomedical manufacturing doubles

SINGAPORE'S manufacturing output in April increased for a second consecutive month on a surge in biomedical manufacturing amid the Covid-19 crisis, preliminary figures from the Economic...

Singapore's headline inflation turns negative in April

LOWER oil prices, the softening labour market and deteriorating consumer demand are likely to keep a cap on domestic prices, said economists following official inflation data released on Tuesday...

Covid-19 to accelerate shifts in global supply chains: Chan Chun Sing

THE Covid-19 pandemic will accelerate shifts in global supply chains and while there is no telling how supply chains will eventually be reconfigured, it is likely that they will be relocated nearer...

Singapore headline inflation turns negative in April due to larger decline in private transport cost

HEADLINE inflation in Singapore turned negative in April while core inflation fell for the third straight month, amid steeper declines in the costs of services, retail and other goods, as well as...

Singapore factory output up 13% in April, biomedical manufacturing doubles: EDB

SINGAPORE'S manufacturing output in April increased for a second consecutive month following...

Fortitude Budget could help to deal with expected rise in retrenchments: MOM official

SINGAPORE could roll out the fiscal big guns to save workers later on Tuesday, amid a souring manpower outlook, as officials gird their loins for higher unemployment.

Singapore non-oil exports tipped to fall -4% to -1% in 2020

HOPES for at least some growth in the key non-oil domestic exports (NODX) this year has given way to a projection of up to a 4.0 per cent drop, as the Covid-19 pandemic continues to put a near-...