Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largesse. ( read original story ...)
Singapore is set to release its 2021 budget. Here’s why this budget could be an ‘unusual’ one
Singapore will likely incur a rare budget deficit this year as the government continues to support its economic recovery from the Covid pandemic, said economists. “This will be unusual as the ... ( read original story ...)
Leveraging key strengths to thrive in global market
While the world is still reeling from the effects of the Covid-19 pandemic, it is imperative that Malaysian businesses actively seek opportunities for growth in the global market, especially in areas ... ( read original story ...)
Singapore Bourse May Find Traction On Monday
Ahead of the Lunar New Year holiday, the Singapore stock market had moved lower in two straight sessions, slipping almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just ... ( read original story ...)
Singapore upgrades merchandise trade forecast for 2021; non-oil exports grew 4.3% in 2020
SINGAPORE - Overall merchandise trade for Singapore is expected to grow between 2 per cent and 4 per cent for the whole of 2021, up from an earlier forecast of 1 to 3 per cent growth made in November, ... ( read original story ...)
Singapore on Path to Recovery as Fourth-Quarter GDP Shrinks Less Than Estimated
Singapore's economy contracted less than initially estimated in the fourth quarter, putting the country on a path to a gradual recovery in 2021 after it marked its worst ever recession last year due ... ( read original story ...)
Singapore Sees Steady 2021 Rebound as More Stimulus Expected
Singapore reaffirmed its forecast for a rebound in economic growth this year after its worst annual contraction since independence, signaling the recovery is on track while more stimulus expected in ... ( read original story ...)
Singapore economy to grow by 4-6% this year; 2020 contraction shaved to 5.4%
The ministry raised its final estimate for coronavirus-hit 2020, stating that the economy shrank by 5.4 per cent, making it Singapore's worst-ever recession since independence. Still, this figure tops ... ( read original story ...)
For Singapore shoppers, second-hand stores offer an alternative to fast fashion
Swapping initiatives, from permanent shops to pop-up events, have appeared to encourage consumers to make the most of what is already in their closets. ( read original story ...)
Singapore’s economy contracted less than expected in the fourth quarter
Singapore's economy contracted less than initially estimated in the fourth quarter, but still marked its worst recession in 2020 due to the Covid-19 pandemic. ( read original story ...)
Singapore maintains 2021 GDP forecast as economy contracts 5.4% last year, less than advance estimates
SINGAPORE: Singapore has maintained its growth forecast for 2021 at 4 to 6 per cent, said the Ministry of Trade and Industry (MTI) on Monday (Feb 15). ( read original story ...)
Singapore 2021 GDP outlook steady as ASEAN eyes pre-COVID pace
Southeast Asian countries expect economic rebounds in the roughly 4% to 7% range this year, following historic declines stemming from the COVID-19 pandemic in 2020. Singapore on Monday maintained a ... ( read original story ...)
Call from ‘bank’ was a scam and she lost $14k
"Scammers are getting smarter and definitely learning more tricks," the victim said.. Read more at straitstimes.com. ( read original story ...)
The Big Read: Pummelled by COVID-19, Singapore’s economy to begin K-shaped recovery with Budget 2021
Support measures in Budget 2021 will largely be very targeted, said economists and observers interviewed. SINGAPORE: After working as a tour guide for 10 years, Ms Jessie Seah’s professional life ... ( read original story ...)
Uphill battle for Singapore hotels despite boost from staycations in December
Yet they remain cautiously hopeful, with some looking to events and new concepts to draw locals in.. Read more at straitstimes.com. ( read original story ...)
Singapore-based DBS Bank plans to trim India branches in 2-3 years
The combined deposits of its Indian operations stood at SGD 9 billion and net advances were at SGD 5.6 billion at the end of December 2020 ... ( read original story ...)