Singapore’s economy plunged into recession last quarter as an extended lockdown shuttered businesses and decimated retail spending.Gross domestic product declined an annualized 41.2% from the previous ... ( read original story ...)
Singapore economy enters recession, second-quarter GDP plunges record 41.2%
Singapore's economy slipped into recession in the second quarter, contracting by a record 41.2% from the previous three months and is facing its biggest slump ever this year as coronavirus lockdown ... ( read original story ...)
Virus-hit Singapore Plunges Into Recession As Economy Shrinks 41%
Singapore plunged into recession in the second quarter as growth fell 41.2 percent quarter-on-quarter with the trade-dependent economy hammered by the coronavirus, preliminary data showed Tuesday. ( read original story ...)
Singapore’s economy contracts 12.6% year over year in the second quarter
Analysts polled by Reuters had expected the Southeast Asian economy to shrink by 10.5% year-over-year in the three months ended June 30. ( read original story ...)
Coronavirus: Singapore economy shrinks 41%
SINGAPORE: Singapore plunged into recession in the second quarter as growth fell 41.2 percent quarter-on-quarter with the trade-dependent economy hammered by the coronavirus, preliminary data showed ... ( read original story ...)
More opportunities for Singapore as companies prefer a shift to Southeast Asia: McKinsey
Singapore could attract further investments and create more jobs as global supply chains continue to shift, with many companies now preferring Southeast Asia, says McKinsey Asia chairman Oliver Tonby, ... ( read original story ...)
Singapore Vote Result May Prompt Tweaks to Foreign Labor Rules
Singapore’s July 10 election, which saw an unprecedented erosion of support for the ruling People’s Action Party, could prompt tighter restrictions on foreign labor and tweaks to an impending ... ( read original story ...)
Singapore Opposition Chair Calls for Inclusiveness After Poll
After 55 years of single-party rule in Singapore, a best-ever performance for the opposition in Friday’s vote shows the country is ready for an inclusive government with different views, Workers’ ... ( read original story ...)
Oriental Yuhong Obtains an Invention Patent in Singapore after One in the US
Oriental Yuhong broke the European and American monopoly and participated in the construction of a subway in Singapore. The subway – ThomsonLine – is 30 kilometers long. In order to solve the problem ... ( read original story ...)
Singapore Election All about Covid-19 and Economy, UoNARI-M’s Welsh Says
University of Nottingham Asia Research Institute Malaysia Honorary Research Associate Bridget Welsh believes the focus of the 2020 Singapore general elections will be about Covid-19 and the economy. ( read original story ...)
Singapore’s ruling party dominates election but opposition makes historic gains
Prime minister Lee Hsien Loong retains overwhelming majority as popular vote slips amid coronavirus pandemic ... ( read original story ...)
Singapore ruling party holds on to supermajority, but with historic losses
Results from the election held amid rising coronavirus cases reflect a growing desire in the city-state for a plurality of voices in the legislature. ( read original story ...)
Singapore’s ruling party PAP cedes ground to opposition in pandemic election
The PAP secured 83 out of 93 seats in parliament. But the main opposition Workers' Party won the other 10, the most ever held by opposition lawmakers, while the PAP's popular vote fell to 61%, down ... ( read original story ...)
Singapore ruling party’s support slips in pandemic poll
Singapore's long-ruling party retained power Saturday but its support fell sharply, while the opposition made gains, in a general election held under the shadow of a coronavirus outbreak. The affluent ... ( read original story ...)
In Singapore, an Orderly Election and a (Mostly) Predictable Result
The People’s Action Party, which has never been out of power, won yet again, but by a narrower margin than usual. The opposition sought to deny it “a blank check.” ... ( read original story ...)
Singapore’s ruling party holds on to power but faces setback
Singapore Prime Minister Lee Hsien Loong's long-governing party comfortably won Friday's general elections, which took place amid the coronavirus pandemic, but faced a setback as the opposition ... ( read original story ...)