recession

S'pore SME business sentiment sinks to all-time low

Business sentiment for the next six months at Singapore's small and medium-sized enterprises (SMEs) plunged to the lowest ever amid Covid-19-induced uncertainty over prospects for global growth...

SME business sentiment sinks to record low in Singapore on Covid-19 uncertainties

SINGAPORE - Business sentiment for the next six months at Singapore's small and medium-sized enterprises (SMEs) plunged to the lowest ever amid the Covid-19-induced uncertainty over prospects of...

Private-sector economists lower full-year growth forecast to -6%

PRIVATE-SECTOR economists now expect Singapore's gross domestic product (GDP) to contract 6 per cent this year, worsening slightly from earlier expectations of a 5.8 per cent fall, according to...

Economy tipped to shrink 6% this year

Private sector economists made a further cut to their 2020 forecast for Singapore's economy but turned more bullish about the strength of a recovery next year.

Private-sector economists lower Singapore full-year growth forecast slightly to -6%

PRIVATE-SECTOR economists now expect Singapore's gross domestic product growth to decline 6 per cent this year, worsening slightly from earlier expectations of a 5.8 per cent fall, according to...

Private-sector economists tip S'pore economy to shrink by 6% this year, but worst quarter may be over: MAS survey

SINGAPORE - Private-sector economists have lowered their full-year 2020 forecast for Singapore's economy, but they turn more bullish over the strength of a recovery next year and suggest the worst...

Singapore firms face cash flow woes due to pandemic: Survey

Finance professionals expect a slow return to normal from the impact of the coronavirus-induced recession, according to a survey by the Association of Chartered Certified Accountants (ACCA)...

Opportunity for Asean in supply chain shifts due to trade war, virus: Tharman

The Covid-19 crisis and the US-China trade conflict present an opportunity for Asean to emerge as a growing market of end demand and a resilient base of production, Senior Minister Tharman...

What happens if you are retrenched?

Retrenchments more than doubled in the second quarter of this year, with 6,700 workers laid off, up from 3,220 in the first quarter.

Economists expect tepid recovery while businesses hold off hiring

Singapore's recovery from its worst-ever quarterly slump is likely to be slow and choppy, with a coronavirus resurgence looming as a constant threat.

MAS, banks to see how best to wean borrowers off Covid-19 reliefs

THE Monetary Authority of Singapore (MAS) is studying the delicate balance of when and how to ease virus relief measures, so as to mitigate unintended "cliff" effects when these helplines expire...