Tag: business

Singapore's economy could contract up to 7% this year, according to the country's trade ministry. But it could be even worse, the ministry ... ( read original story ...)

Rolling coverage of the latest economic and financial news, as coronavirus lockdown easing measures push equity markets higher ... ( read original story ...)

South Korea consumer sentiment improves. US death toll hovers at two-month low. Seoul makes masks compulsory. US brings forward ban on travellers from Brazil. ( read original story ...)

SINGAPORE: Singapore has cut its forecasts for non-oil domestic exports (NODX) and total merchandise trade for 2020 again, on the back of a more ... ( read original story ...)

Singapore's embattled economy could shrink by as much as seven percent this year, which would be the worst reading since independence, with the government saying Tuesday the coronavirus pandemic had ... ( read original story ...)

Hopes for at least some growth in the key non-oil domestic exports (Nodx) this year has given way to a projection of up to a 4.0 per cent drop, as the Covid-19 pandemic continues to put a near-freeze ... ( read original story ...)

Dominic Cummings, Boris Johnson’s most senior adviser, refused to quit his job in the U.K. government, refuting claims he flouted lockdown rules that he had helped to draft. Germany agreed on a 9 ... ( read original story ...)

Survey work will soon begin on an ambitious plan to export power from a giant solar farm in Australia to Singapore via a 3,800 kilometer (2,360 mile) undersea cable. ( read original story ...)

Scaling up of testing capabilities is vital for Singapore as it looks towards easing restrictions from June 2.. Read more at straitstimes.com. ( read original story ...)

Singapore Post's core Post & Parcel business segment continued to face both cyclical and structural headwinds. Negative operating leverage, higher conveyancing ... ( read original story ...)

Singapore’s Sentosa island, with its waterslide park, beaches and Universal Studios, is normally on tourists’ to-do lists. Covid-19 has changed all that but the tiny precinct isn’t giving up, it’s ... ( read original story ...)

... global steel demand and as China simplified its customs inspections on imports of the steel-making commodity. Iron ore on the Dalian Commodity dropped 0.3% to 705.50 yuan ($99.30) a tonne as of ... ( read original story ...)

Perennial Real Estate Holdings has teamed up with Hong Kong-based Shun Tak Holdings to donate five million surgical masks to the National Council of Social Service (NCSS) in an effort to support ... ( read original story ...)

The pandemic seemed to pass over the city-state. Then the government was blindsided by an outbreak among poor migrant workers in packed dormitories. ( read original story ...)

Punithan Genasan, 37, was sentenced to death for his role in a 2011 heroin deal. The city-state has a zero-tolerance policy when it comes to drugs. ( read original story ...)

Singapore was criticised for being "cruel and inhumane" Wednesday after a death sentence was handed down via video-conferencing platform Zoom. Malaysian drug trafficker Punithan Genasan was Friday ... ( read original story ...)