January output shrinks for first time in a year

SINGAPORE'S manufacturing sector started the year on shaky footing, with factory output contracting for the first time since December 2017.

Parliament: Foreign worker quotas cut to protect Singaporeans' jobs, says Chee Hong Tat

Jobs for Singaporeans will be lost and sociopolitical problems could flare up if the country does not control the number of foreign workers, said Senior Minister of State for Trade and Industry...

Singapore factory output shrinks 3.1% in January, first drop in a year

SINGAPORE’S manufacturing sector put up a dismal showing in the first month of 2019, clocking its first contraction in output since December 2017.

Forecast for 2019 headline inflation trimmed as Jan reading eases to 0.4%

THE oil price slump has led the Singapore authorities to trim their forecast for headline inflation, after January all-items prices rose by a slower-than-expected 0.4 per cent on the year before -...

Firms that do not change will hit 'dead end': Heng Swee Keat

COMPANIES must persist in transforming their business operations through technology, and upgrading workers at the same time, to cope with changes, said Finance Minister Heng Swee Keat on Monday.

Singapore cuts 2019 headline inflation forecast as January reading eases to 0.4%

SINGAPORE consumer price growth cooled in the first month of 2019, as a slower increase in electricity and gas costs outweighed the price hike in services, according to official data out on Monday...

F&B industry fears looming 'correction'

CUTS to the services sector's foreign worker quotas may be the latest blow to the food and beverage (F&B) services industry, which has come under pressure on various fronts.

Foreign worker quota cuts: Will they finally nudge services?

Six years since the foreign manpower tap was last tightened in the service sector, businesses are being told they need to do more.

Trade between EU and Singapore crosses 100b euros; further boost expected from FTA

TRADE in goods and services between Singapore and the EU has surpassed the symbolic 100 billion- euro (S$153.6 billion) mark, with the EU-Singapore free trade deals that were given the nod last week...

More transparency sought for foreign worker criteria

BUSINESSES are calling for the government to shed more light on the required criteria to bring in foreign workers with "specialised skills that are in demand globally" as they continue to grapple...