trade war

Firms tapping tech to boost logistics amid uncertainties

Companies are embracing technology to save money, boost productivity and react quickly to severe disruptions to global supply chains, including a damaging trade war.

Diversify, innovate, train to weather global uncertainty: Chan Chun Sing

TO weather ongoing global uncertainty, Singapore's national strategy is to diversify, innovate, and train, said Minister for Trade and Industry Chan Chun Sing in Parliament on Tuesday.

Tariffs force businesses to work more closely together

PRIVATE business owners cannot wait on the sidelines for trade tensions to ebb. They are tackling trade discord today by collaborating, identifying enduring growth opportunities, and bringing...

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...

Tech firms, manufacturers at front line of trade war escalation

THE announcement of another round of US tariffs on Chinese imports, set to commence on Sept 1, reignited simmering trade tensions and sent Asian markets down on Friday.

Way forward is to grow external wing to beat constraints: Chan Chun Sing

IN the next lap of Singapore's economic development, local companies will see the world as their hinterland, instead of being constrained by geographical size or location, said Minister for Trade...

Singapore companies look to Asean to pick up slack from trade war: HSBC

THE United States-China trade conflict has dominated discourse for a year now, but Singapore businesses are not letting it get in the way of their future plans, even as the global growth outlook...

Recession looms in Singapore as trade war weighs on economy: Maybank Kim Eng

[SINGAPORE] Singapore's economy will probably experience a "shallow technical recession" in the third quarter as the global trade outlook worsens, according to Maybank Kim Eng Research.

Singapore's factories go no-frills as trade war hits demand

[SINGAPORE] Last year, Singaporean chemicals factory boss Erman Tan took his employees on a cruise to the Malaysian island of Penang.

Hong Leong Finance doubles down on core SME segment

LOCAL companies will likely face a profit slowdown this year on the back of the US-China trade war, which shows no signs of easing, as well as property cooling measures that kicked in last July,...

Singapore refutes US accusation of currency manipulation

SINGAPORE "does not and cannot use the exchange rate to gain an export advantage or achieve a current account surplus", the Monetary Authority of Singapore (MAS) said in response to the US...