Tag: business

Singapore’s economic situation remains dire amid the coronavirus pandemic, impacted by what could be lasting shifts in global demand and to supply chains, according to the city-state’s central bank. ( read original story ...)

Singapore will on Friday see June export data, highlighting a light day for Asia-Pacific economic activity. In May, non-oil exports ... ( read original story ...)

PRNewswire-PRWeb/ -- Traditional brick-and-mortar retail businesses have been among the hardest hit due to the Covid-19 pandemic and the subsequent ... ( read original story ...)

Singapore's export-focused economy sharply contracted in the second quarter according to early estimates released by the trade ministry, sending the city state into a technical recession and putting ... ( read original story ...)

SINGAPORE: A company was fined S$3,600 on Wednesday (Jul 15) for illegally importing fresh vegetables and processed food from Malaysia. In ... ( read original story ...)

Up to 97,800 residents could lose their jobs by the end of the year, according to DBS, a bank. Singapore’s export-driven economy was hit by a drop in external demand as countries around the world also ... ( read original story ...)

Singapore's economy has plunged into recession -- putting it on course for its worst-ever slump. The city-state's GDP shrank by a record 41.2% in the last quarter, battered by a lockdown which shut ... ( read original story ...)

China's dollar-denominated trade data for June was released on Tuesday. Exports rose 0.5% year-on-year while imports increased 2.7% as compared to a year earlier, according to customs data. ( read original story ...)

A 68-year-old businessman has allegedly been cheated of over US $1.9 lakh (around Rs 1.4 crore) by a Singapore-based export firm. ( read original story ...)

China's June crude oil imports jumped by a third from the same period a year earlier, setting a second straight monthly record, as cheap cargoes bought during April's oil price crash arrived at ... ( read original story ...)

China's June imports of crude oil hit their highest on monthly and daily bases, according to Reuters calculations based on customs data released on Tuesday. ( read original story ...)

Singapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs. ( read original story ...)

As one of first countries to release growth data for the period in which many economies were in lockdown, the numbers from Singapore provide a glimpse of how the ongoing pandemic ... ( read original story ...)

Singapore plunged into recession in the second quarter due to the massive damage inflicted on its economy by the pandemic-induced economic slowdown. ( read original story ...)

Singapore's economy suffered a record contraction in the second quarter, tipping it into recession and putting the trade-reliant city-state on course for its worst ever slump this year as the ... ( read original story ...)

One consequence of the Philippines’ struggling economy is turning into a boon for its currency.A collapse in imports has had a positive effect on the nation’s trade deficit, leading to lower demand ... ( read original story ...)