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Category: BUSINESS

Posted on 18/02/2021

S’pore non-oil exports beat forecasts, rise 12.8% in Jan

Stronger demand from Singapore's major trading partners for specialised machinery and other items helped keep exports on an upward trend last month, although no one is popping the champagne just yet.. ( read original story ...)

Posted on 18/02/2021

HSBC to name new Singapore CEO as Tony Cripps moves to Saudi British Bank

HSBC will soon announce a new Singapore chief executive (CEO) to succeed Tony Cripps, who will be leaving for the Saudi British Bank (SABB), says an internal memo signed by the bank's deputy chairman ... ( read original story ...)

Posted on 18/02/2021

Company fined S$6,000 for illegally importing fruits, vegetables and processed food

SINGAPORE: A company was fined S$6,000 on Wednesday (Feb 17) for illegally importing fresh fruits, vegetables and processed food for sale, said ... ( read original story ...)

Posted on 17/02/2021

Here’s how to play the Singapore markets as the government announces new budget plans

Companies exposed to the aviation and retail sectors would benefit from Singapore's new spending plans, said analysts from DBS. ( read original story ...)

Posted on 17/02/2021

Singapore unveils ‘Emerging Stronger Together Budget 2021’

Sector support packages, job support and other schemes to help Singapore emerge stronger. Deputy Prime Minister Heng Swee Keat revealed on 16 February the Singapore Budget 2021 with key focus on ... ( read original story ...)

Posted on 17/02/2021

Hosting WEF can boost Singapore’s economy: Minister of State

The World Economic Forum (WEF), to be held in Singapore this year, with top leaders from the public and private sectors gathering to address the most pressing global issues, should have economic ... ( read original story ...)

Posted on 16/02/2021

Singapore digs deeper Into reserves for S$11 bn Covid aid

Singapore plans to dig deeper into government reserves for a new S$11 billion (248 billion baht) package to help households and businesses rebound from the Covid-19 pandemic and its worst economic ... ( read original story ...)

Posted on 16/02/2021

Singapore’s pandemic-related stimulus measures in 2020 helped reduce unemployment

Singapore's stimulus measures last year to tackle the pandemic-related economic crisis helped reduce the unemployment rate by 3%, says Geoff Howie, markets strategist at the Singapore Exchange. ( read original story ...)

Posted on 16/02/2021

Singapore reduces foreign workers quota in manufacturing sector

The move is part of the government's efforts to moderate Singapore's reliance on foreign labour where it must, the report quoted Heng as saying.The S Pass allows mid-level skilled foreigners to work i ... ( read original story ...)

Posted on 16/02/2021

Singapore’s economy tipped to roar back to life

Singapore’s finance minister is expected to begin rolling back stimulus measures in Tuesday’s budget as the city state appears set to lead the region out of recession. ( read original story ...)

Posted on 16/02/2021

Singapore imports and exports fell last year but growth for 2021 projected | Video

Singapore’s total merchandise trade decreased by 5.2 per cent last year, reaching S$969 billion compared to S$1 trillion in 2019. But trade figures for 2021 are expected to grow, as Enterprise ... ( read original story ...)

Posted on 15/02/2021

Singapore shares close 0.2% up amid optimism of vaccine roll-out globally

Singapore shares closed higher on Monday, buoyed by record highs on Wall Street last Friday, a hopeful pace of vaccine rollout and signs of easing pandemic pain in the world. The key Straits Times ... ( read original story ...)

Posted on 15/02/2021

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 ...)

Posted on 15/02/2021

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 ...)

Posted on 14/02/2021

Singapore business chamber in China key to relations between the 2 countries: Minister of State Alvin Tan

SINGAPORE - The Singapore Chamber of Commerce and Industry in China (SingCham) has played an active and important role in deepening social and economic relations between the two countries, Minister of ... ( read original story ...)

Posted on 13/02/2021

IN FOCUS: No roaming cattle but with high-tech labs, could Singapore be a ‘meat’ exporter?

SINGAPORE: As a tiny city-state with a population density that ranks third in the world, Singapore isn't particularly suited for conventional ... ( read original story ...)

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