Government

Circuit breaker sends April retail sales into sharpest fall in 30 years

SINGAPORE'S retail sales tumbled 40.5 per cent year on year in April - the sharpest fall in more than three decades - triggered by "circuit-breaker" measures implemented between April 7 and June 1...

Government committed to rebuilding reserves: Heng Swee Keat

THE Singapore government is committed to rebuilding the country's reserves, even though there is no legal or constitutional obligation to restore what it has drawn, Deputy Prime Minister and...

Business formation to stay subdued, cessation to pick up

NEW business formation is expected to stay subdued, while cessations may pick up in the coming months as the Covid-19 pandemic continues to take a toll, said Senior Minister of State for Trade and...

Singapore retail sales plunge 40.5% in April amid Covid-19

SINGAPORE'S retail sales tumbled 40.5 per cent year on year in April, deepening from a 13.3 per cent decline in March, said the Department of Statistics (Singstat) on Friday.

Business formation to stay subdued, cessation may pick up: MTI

NEW business formation is expected to remain subdued, while cessation numbers may pick up in the coming months as the Covid-19 pandemic continues to take a toll, said Senior Minister of State for...

NTUC's Job Security Council has matched over 10,000 workers with jobs

THE labour movement's Job Security Council has matched more than 10,000 workers with jobs so far, said National Trades Union Congress (NTUC) secretary-general Ng Chee Meng on the first day of the...

Reopening S'pore too quickly could undo 'circuit-breaker' efforts: Gan Kim Yong

REOPENING Singapore too early and too quickly could lead to an increase in the number of Covid-19 cases that could undo the efforts of the "circuit-breaker" measures, Health Minister Gan Kim Yong...

Singapore PMI rises in May, recovers from April lows

IN MAY, Singapore's factory sentiment improved both overall and in the electronics sector for the first time this year, recovering from April's levels, which were the lowest since 2008. But both...

Singapore PMI improves in May, but still in contractionary mode

IN May, Singapore’s factory sentiment improved both overall and in the electronics sector for the first time this year, recovering from April’s levels, which were the lowest since 2008. But both...

Extra rental waivers for SMEs with at least 35% fall in revenue

ADDITIONAL rental waivers - with the cost borne by landlords - will apply to small and medium-sized enterprises (SMEs) that have suffered at least a 35-per-cent fall in revenue, on top of...