Government

Enterprise Singapore to partly fund food delivery fulfilled by logistics players

ENTERPRISE Singapore (ESG) said on Thursday that it will fund part of the costs incurred by food and beverage (F&B) players when they fulfil delivery orders through third-party logistics partners.

Solidarity Budget to help tide through 'circuit-breaker' period: DPM Heng

DETAILS of another major support package - called the Solidarity Budget - will be announced in Parliament on Monday at 2pm by Deputy Prime Minister and Finance Minister Heng Swee Keat in a...

ESG to partly fund commission costs for F&B players on Deliveroo, foodpanda and GrabFood

Enterprise Singapore (ESG) will partly cover the commission costs for F&B players on Deliveroo, foodpanda and GrabFood. This comes as a move to stop people from dining in restaurants for at...

Layoffs may loom as Singapore factory outlook falls to 2009 levels

SINGAPORE'S factory activity has fallen to levels last seen during the Great Recession, according to early industry figures out on Friday.

Singapore retail sales shrink 8.6% in Feb with outbreak

SINGAPORE'S retail sales continued sliding in February due to the decline in tourist arrivals and lower domestic consumption arising from the deepening coronavirus pandemic.

Wary analysts await Monday rescue plan, but warn of deeper recession risks

THE new set of moves to curb the deadly rampage of Covid-19 might deepen the dent in the Singapore economy, economists have warned, as they fret over the downside to their already-sober recession...

Enterprise Singapore launches e-commerce help package for retail SMEs

TO help small and mid-sized enterprises (SMEs) in the retail sector that have been badly hit by the novel coronavirus outbreak, Enterprise Singapore (ESG) on Thursday launched a booster package to...

MAS' double-tap policy easing still an exercise in restraint

SINGAPORE'S central bank brought out the big guns on Monday.

Singapore hotels 51% full in Feb 2020, room revenues plunge 40%: STB

SINGAPORE hotels were only half-filled in February, resulting in a 40 per cent plunge in room revenues, as coronavirus fears threaten to bring the global travel industry to a grinding halt, according...

Behind-the-scenes look at President's nod to draw on reserves

SINGAPORE'S president has given "in-principle support" for the government to draw on past reserves to fund a substantial second stimulus package aimed at rescuing the novel coronavirus-battered...