Government

Private-sector economists expect Singapore economy to contract 5.8% this year

PRIVATE-SECTOR economists expect Singapore's full-year gross domestic product (GDP) to decline by 5.8 per cent in 2020, with an 11.8 per cent year-on-year contraction in the second quarter,...

Bright spots for Singapore despite less globalised world post-pandemic

WITH the Covid-19 pandemic leading to a less globalised world, Singapore cannot expect the growth rates of the past. But globalisation will not end, and Singapore retains its international...

Over 95,000 employers in Singapore to receive S$450m in wage credits by June 30

MORE than 95,000 employers in Singapore will receive over S$450 million in payouts by the end of this month under the Wage Credit Scheme (WCS), the Ministry of Finance (MOF) and the Inland Revenue...

Over 95,000 employers in Singapore to receive S$450m in wage credits by June 30

MORE than 95,000 employers in Singapore will receive over S$450 million in payouts by the end of this month under the Wage Credit Scheme (WCS), the Ministry of Finance (MOF) and the Inland Revenue...

Pandemic lockdowns pull the plug on relocations, but firms see pent-up demand

RELOCATION businesses, which count the movement of people as their lifeblood, have seen a record slide in business in the first half of 2020, but some say they are seeing signs of recovery as...

Firms know rethinking business models needed; government support isn't forever

ALTHOUGH the government is spending billions to preserve jobs for Singaporeans amid the Covid-19 crisis, Deputy Prime Minister Heng Swee Keat said business leaders here acknowledge that the...

Firms to rethink business models because govt can't support them forever: DPM Heng

ALTHOUGH the government is spending billions to preserve jobs for Singaporeans amid the Covid-19 crisis, Deputy Prime Minister Heng Swee Keat said business leaders here acknowledge that the...

Competition inviting pitches from startups returns with new Covid-19 track

INTERNATIONAL startup pitching competition Slingshot 2020 has returned for the fourth year with its first full virtual challenge, said organiser Enterprise Singapore (ESG) on Monday.

Unity, resilience needed to deal with this generation's 'most dangerous crisis': PM

THE Covid-19 pandemic is the "most dangerous crisis" that humanity has faced in a very long time, and Singapore must be ready to deal with immense challenges ahead in order to emerge "even...

Singapore must strengthen social compact, improve safety nets: PM Lee

THE government will think carefully about how to improve the country’s social safety nets beyond the Covid-19 crisis, as having sustainable social support will give people the confidence to cope...