THE government will help companies defray their wage costs through two schemes under a S$4 billion Stabilisation and Support Package unveiled by Deputy Prime Minister and Finance Minister Heng...
SINGAPORE will set aside a total of S$6.4 billion for measures in view of the novel coronavirus (Covid-19) outbreak, Deputy Prime Minister and Finance Minister Heng Swee Keat said at the start of...
SINGAPORE'S official growth forecast for 2020 has been downgraded, with authorities bracing for the possibility of a contraction should the novel coronavirus outbreak be more severe than...
SINGAPORE'S manufacturers and exporters had seemed poised for recovery as global trade sentiments improved in late 2019, but are now facing prolonged agony in the near term.
WITH the once-expected manufacturing recovery in 2020 now jeopardised by the Covid-19 outbreak, Singapore is counting on sectors such as construction, and information and communications, said the...
WITH the Covid-19 outbreak taking an economic toll, Prime Minister Lee Hsien Loong is not ruling out the possibility of a recession here. Asked about its likelihood, he said: "I cannot say whether...
THE impact from the novel coronavirus outbreak on Singapore's economy has already exceeded that of Sars (severe acute respiratory syndrome) back in 2003, Prime Minister Lee Hsien Loong said on...
SINGAPORE retail sales are expected to be weak this year amid novel coronavirus pressures, following a 2.8 per cent fall in 2019, which was the steepest decline in six years.
COMING out of 2019's slowdown, companies here have been looking to the upcoming Budget for support - a hope that has intensified as the Covid-19 outbreak threatens to hammer the Singapore economy...
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