Government

Wage support may help save jobs - but not all of them

THE financial ordeal is far from over, but a fresh round of wage support could stave off the spectre of layoffs, especially for workers in sectors reeling from the Covid-19 pandemic.

Covid-19 impact pushes Singapore's 2020 GDP forecast into negative turf

SINGAPORE's official growth forecast has hit negative territory for the first time in nearly a decade. This comes as the Republic braces itself for what is likely the worst economic contraction...

Singapore, partners pledge to keep essential trade moving

SINGAPORE and half a dozen other regional economies have pledged to keep air, sea and other trade flows open during the Covid-19 pandemic.

Farewell parties: Club operators told to ensure safe distancing measures

SINGAPORE authorities are aware of plans by several operators of nightlife venues to throw "farewell" parties on Wednesday, and will be deploying enforcement operations over the next two days, the...

Singapore shuts entertainment spots including bars, cinemas in virus fight

SINGAPORE authorities are shutting down all bars, entertainment venues and tuition centres, and cancelling all events among a series of tightened measures to minimise further spread of the novel...

Budget 2.0: Economists favour job-saving aid over direct cash handouts

IN the US, there is talk of cheques to households at S$1,200 per adult; in Hong Kong, a handout of HK$10,000 (S$1,850) apiece has already been announced.

MAS to flatten S$NEER slope, could re-centre: economists

WHILE economists agree that the Monetary Authority of Singapore (MAS) will almost certainly flatten the slope of the foreign exchange policy band on March 30, opinions differ on whether the band...

Core inflation negative in Feb; MAS to release policy decision on March 30

SINGAPORE'S core inflation turned negative in February for the first time in a decade, prompting economists to expect significant monetary easing, while the Monetary Authority of Singapore (MAS)...

MAS expected to step in early as risk of slump rises with Malaysia's lockdown

AN off-cycle easing by the Monetary Authority of Singapore (MAS) now looms closer, analysts said on Tuesday, as recession risks rose on the sudden unilateral closure of Malaysia's border with...

Some economists looking at full-year Singapore recession as outbreak worsens

PRIVATE-SECTOR economy watchers last month slashed Singapore's full-year growth forecast by more than half - but, as global uncertainty swells, some now believe that even that downward adjustment...