Government

Singapore retail sales decline eases to -8.6% in October

THE decline in Singapore's retail sales slowed in October, with takings down 8.6 per cent year on year, according to the Singapore Department of Statistics (Singstat) on Friday.

Singapore retail sales down 8.6% in October, improving from September

THE decline in Singapore's retail sales slowed in October, with takings down 8.6 per cent year on year, according to the Singapore Department of Statistics (Singstat) on Friday.

Singapore PMI continues reversal back to the norm

SINGAPORE'S manufacturing sentiment continued to remain buoyant for the fifth straight month in November, although the Purchasing Managers' Index (PMI) dipped marginally from the previous month...

Singapore PMI drops marginally but remains in expansion for 5th month

SINGAPORE'S manufacturing sentiment continued to remain buoyant for the fifth straight month in November, although the Purchasing Managers' Index (PMI) dipped marginally from the previous month.

Singapore firms keen to expand international trade amid pessimistic outlook: survey

SINGAPORE firms are keen on expanding international trade compared to their global peers, despite having a more pessimistic outlook on business arising from the impact of Covid-19, according to...

Vietnam is top pick for businesses going overseas

VIETNAM is drawing record numbers of Singapore businesses as companies continue to look for expansion opportunities despite Covid-19.

Services sector sees reprieve in Q3, but revenue 9.5% lower than last year

SINGAPORE'S services sector saw a 9.5 per cent year on year decline in revenue in the third quarter of 2020, although receipts improved on a quarterly basis compared to Q2, according to the...

Clean energy pivot will yield green jobs, but time needed to fill them

OIL majors are cutting jobs in traditional business segments as they move to cleaner energy, and their downstream suppliers will follow suit.

Singapore's 2019 income gap improves, but could widen in 2020 due to Covid-19

ALTHOUGH Singapore's Gini coefficient, a measure of income inequality, dipped below 0.4 for the first time in at least a decade in 2019, economists caution that the income gap could again widen...

Foreigners still needed in clean energy manual roles

EVEN with a change in the energy sector's skill needs and job scopes, the reliance on foreign workers to fill low-wage, manual roles is unlikely to change in the near term.