Singapore cuts economic growth forecast to 0-1% for 2019

SINGAPORE has cut its official growth forecast for the second quarter running, on a flat economic performance in the first half of the year.

NODX forecast slashed to -9 to -8% for 2019; Q2 performance sinks by double-digits

SINGAPORE’S key non-oil domestic exports (NODX) sank by double digits in the second quarter, contracting by 14.6 per cent compared to a year ago, Enterprise Singapore said on Tuesday.

Digitalisation will leave an impact on the future of work

WITH technology becoming faster, smarter and cheaper, it is only a matter of time before jobs that thus far were done only by humans will either be done in newer ways using human and machine...

Firms report poorer Q2 results, glum for H2: BT-SUSS survey

BUSINESSES reported a poorer second quarter and warned of gloomier times ahead, according to the latest Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Survey....

Singapore's resilience will see it through latest slowdown: PM Lee

SINGAPORE will take the upcoming slowdown in its stride, Prime Minister Lee Hsien Loong said in his annual National Day Message on Thursday night. Whenever the island has faced trials, it...

Singapore retail sales dive in June, marking 5th straight month of decline

RETAIL takings plunged in June compared to a year ago on the back of poor motor vehicle sales, resulting in a fifth straight month of decline.

Trade spat means Asian export economies are in for a rough ride, Fitch Solutions warns

ASIAN export-reliant economies such as Singapore, Taiwan, South Korea, Vietnam and Malaysia will be hardest hit by waning demand for Chinese-made products and supply chain disruptions amid...

'Premature to speculate' about downturn support: Josephine Teo

IT is premature to speculate what kinds of support measures should be introduced if Singapore enters a prolonged slowdown, said Manpower Minister Josephine Teo in Parliament on Tuesday.

HK protests to hit retail, tourism, but limited effect on Singapore: economists

PROLONGED protests in Hong Kong are likely to hit the market's retail and tourism sectors in particular, say economists, who see a limited impact on Singapore in the short term.

SMEs need to contribute more to Singapore economy: Chan Chun Sing

SMALL and medium enterprises (SMEs) in Singapore need to pull their weight in raising their contribution to the Singapore economy, by being much more productive and efficient.


22 Nov 2019 -
08:00 to 14:30