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Category: NEWS

Posted on 17/02/2021

Closing borders to India, Indonesia travellers will impact Singapore economy

If Singapore closes its borders to travellers from India and Indonesia over Covid-19 fears, there will be widespread social and economic impact for Singaporeans. ( read original story ...)

Posted on 17/02/2021

Singapore’s Use of Reserves Depends on Covid’s Course, Heng Says

Singapore’s further reliance on past reserves for funding will depend on how long it takes to get the global coronavirus pandemic under control, according to Deputy Prime Minister Heng Swee Keat. ( read original story ...)

Posted on 17/02/2021

Singapore Trims Deficit, Taps Reserves Again for Covid Aid

Singapore plans to rein in its budget deficit as the economy recovers, while digging deeper into government reserves for a new S$11 billion ($8.3 billion) package to help households and businesses ... ( read original story ...)

Posted on 17/02/2021

Singapore Will Still Spend to See Covid End But Not as Much

But it’s hard to fault Heng for reasserting the fiscal conservatism that has served Singapore well. As much as S$53.7 billion, or 70% of the deficit this year and next, is being financed out of past ... ( read original story ...)

Posted on 16/02/2021

Singapore Trims Deficit, Digs Deeper Into Reserves for Covid Aid

Singapore plans to rein in its budget deficit as the economy recovers, while digging deeper into government reserves for a new S$11 billion ($8.3 billion) package to help households and businesses ... ( read original story ...)

Posted on 16/02/2021

Singapore reduces foreign workers quota in manufacturing sector to 15 per cent

The manufacturing sector employs about 450,000 workers, or about 12 per cent of the workforce, with median wages about 10 per cent higher than the economy-wide median. ( read original story ...)

Posted on 16/02/2021

Singapore Digs Deeper Into Reserves for S$11 Billion Covid Aid

Singapore plans to dig deeper into government reserves for a new S$11 billion ($8.3 billion) 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 Adds to Spending Spree to Drive Rebound From Covid

Singapore said it plans to spend S$11 billion ($8.3 billion) to help households and businesses rebound from the Covid-19 pandemic after the economy suffered its worst year since independence. ( read original story ...)

Posted on 16/02/2021

Singapore Adds to Spending Spree to Drive Recovery from Covid

Singapore said it plans to spend S$11 billion ($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence. ( read original story ...)

Posted on 16/02/2021

1 new COVID-19 case in Singapore, lowest daily increase in more than 3 months

SINGAPORE: Singapore reported one new COVID-19 case as of noon on Tuesday (Feb 16), the lowest total daily increase in more than three months. ( read original story ...)

Posted on 16/02/2021

‘Less than 1%’ of total arrivals into Singapore since April last year tested positive for COVID-19

SINGAPORE: Less than 1 per cent of total arrivals into Singapore since April last year have tested positive for COVID-19, Senior Minister of State ... ( read original story ...)

Posted on 16/02/2021

Singapore’s economic activity could return to pre-pandemic levels by end-2021: OCBC

Manufacturing has been leading Singapore's economic recovery, while construction and services have continued to lag, says Selena Ling of OCBC Bank. ( read original story ...)

Posted on 16/02/2021

Singapore’s Spurt, Japan-Bangladesh Push, New WTO Chief: Eco Day

Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: ... ( read original story ...)

Posted on 16/02/2021

Singapore Likely to Run Deficit for Third Year Due to Covid

Singapore’s budget on Tuesday is expected to offer more targeted measures to support the economy’s recovery from its worst year since independence, setting up a third straight budget deficit for the ... ( read original story ...)

Posted on 16/02/2021

Manufacturing, finance and infocomm industries bright spots in Singapore economy in 2020

SINGAPORE - The manufacturing, finance and insurance, and information and communications industries were the few bright spots in Singapore's economy in 2020, posting rare growth while most sectors ... ( read original story ...)

Posted on 16/02/2021

British man admits he defied Singapore Covid rules to visit fiancee

Nigel Skea pleads guilty to breaking his hotel quarantine and using emergency stairs to visit his now wife ... ( read original story ...)

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