economy

Singapore retail sales fall for 7th straight month in August

SINGAPORE'S retail sales have fallen for the seventh consecutive month in August, compared to a year ago, on the back of poor motor vehicle sales.

Expect a '3 plus and minus 5%' model of future growth

INSTEAD of the "5 plus and minus 1" per cent growth of yesteryear, Singapore's economy will likely enter a phase of "3 plus and minus 5" per cent growth, arising from technological disruption and...

Think there's been a productivity boom? Think again

LET'S travel back in time to 1995. Most Americans still remembered the calamitous inflation of the late 1970s (prices rose 13 per cent in 1979). Many federal benefits, including Social Security,...

Singapore's big businesses overtake small firms as job creators

[SINGAPORE] Singapore's larger companies created more jobs last year than small and medium-sized businesses for the first time since 2013 as the economy struggled in the face of sluggish domestic...