Singapore retail sales rise 7.6% in January

RETAIL sales in Singapore were up 7.6 per cent year on year in January, recovering from December's 5.8 per cent slump, according to a Department of Statistics (Singstat) statement on Tuesday.

Minister Heng Swee Keat urges enterprises to tap programmes, grants

TO tap opportunities made available by new technologies and globalisation, Singapore has to make great efforts in economic restructuring, Finance Minister Heng Swee Keat has said.

Tan Wu Meng outlines transformation plans

AN underlying theme of this year's Budget is how companies in Singapore should adapt and stay alive to transformation, said Senior Parliamentary Secretary for Trade and Industry Tan Wu Meng at a...

Businesses, workers to get more help with digital economy tools

NEW and updated measures are on the way to support growth in the digital economy, as unveiled by Minister for Communications and Information S Iswaran in Parliament on Monday.

Govt to make it easier for businesses to apply for licences

TO CREATE a pro-business environment, the government wants to streamline regulations to reduce costs, cut paper work and free up resources, said Senior Parliamentary Secretary for Trade and...

Businesses fear tying grants to worker outcomes could be deterrent

BUSINESSES are wary about a new condition announced in Parliament on Monday that requires firms to commit to the "fulfilment of worker outcomes" such as wage increases if they receive funding support...

Singapore manufacturing growth slows for sixth straight month in Feb

SINGAPORE'S manufacturing growth continued its steady decline for the sixth straight month in February, with the electronics sector seeing contraction for the fourth month in a row, according to...

Businesses that take up EDG funding must commit to 'fulfilment of worker outcomes': Koh Poh Koon

BUSINESSES that receive funding support from the Enterprise Development Grant (EDG) from April 1, 2020, will be required to commit to the fulfilment of worker outcomes such as wage increases, job...

Everyone should learn, experiment with AI solutions: Vivian

ARTIFICIAL intelligence (AI) will have the same role tomorrow as word processing today, according to Vivian Balakrishnan, Minister-in-charge of Singapore's Smart Nation initiative.

Govt needs mix of one-off funding and structural increases

ONE-OFF surpluses are not a substitute for the goods and services tax (GST) hike which is needed to support structural spending increases, said Finance Minister Heng Swee Keat.