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Posted on 30/04/2020

Government Will Ensure Singapore Airlines Survives Virus Crisis: PM

Singapore is facing the deepest recession in its 55-year history, and authorities have warned that unemployment is likely to rise and wages drop. The city-state has among the highest number of ... ( read original story ...)

Posted on 30/04/2020

Singapore PM Says Cases Must Ease Before Economy Restarts

Singapore can only relax its partial lockdown measures and progressively restart its economy after the city-state brings down the number of new coronavirus cases, according to Prime Minister Lee Hsien ... ( read original story ...)

Posted on 30/04/2020

Lower interest rates are the biggest headwind this year, says CEO of Singapore’s largest bank

The Federal Reserve's "big cuts" to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings. ( read original story ...)

Posted on 30/04/2020

Singapore reports 528 new coronavirus cases, taking total to 16,169

Singapore confirmed 528 new coronavirus cases on Thursday, its Health Hinistry said, taking the city-state's total cases to 16,169. ( read original story ...)

Posted on 30/04/2020

Singapore’s DBS bank posts 29% fall in first-quarter net profit; shares jump 4%

DBS, Southeast Asia's largest bank, said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic. ( read original story ...)

Posted on 30/04/2020

Singapore Airlines Has ‘No Obligation’ To Virgin Australia Cash Infusion, Committed To Vistara

Singapore Airlines has no requirement or obligation to put in capital for Virgin Australia,” the airline told shareholders ahead of an extraordinary general meeting to raise capital. Singapore ... ( read original story ...)

Posted on 30/04/2020

Singapore’s DBS bank posts 29% fall in first-quarter net profit

DBS, Southeast Asia's largest bank, said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic. ( read original story ...)

Posted on 30/04/2020

Singapore Bourse May Add To Its Winnings On Thursday

The Singapore stock market has moved higher in three straight trading days, rising more than 55 points or 2.2 percent in that span. The Straits Times Index now rests just beneath the 2,575-point ... ( read original story ...)

Posted on 30/04/2020

In Singapore, Spy Robots Make Social Distancing Reinforcement Like Something Out of a Movie

R3 roams public spaces and reminds citizens that to prevent the spread of COVID-19, "gathering in public parks are not allowed." ... ( read original story ...)

Posted on 29/04/2020

Singapore Was a Coronavirus Success Story—Until an Outbreak Showed How Vulnerable Workers Can Fall Through the Cracks

Asadul Alam Asif has watched nervously as Singapore reported more and more COVID-19 cases in migrant workers’ dormitories like the one where he lives. The 28-year-old Bangladeshi technician counted ... ( read original story ...)

Posted on 29/04/2020

Singapore Employment Plunges Most Since SARS Outbreak in 2003

Employment in Singapore began the year with its sharpest quarterly contraction since the SARS outbreak in 2003 as the city-state contends with the highest number of coronavirus infections in Southeast ... ( read original story ...)

Posted on 29/04/2020

Singapore’s first-quarter jobless rate highest in a decade, foreign employment drops

Singapore's unemployment rate edged up in the first quarter to its highest in more than a decade, as the government warned that labour market conditions were likely to further worsen due to the ... ( read original story ...)

Posted on 29/04/2020

Australian High Commissioner to Singapore says more digital agreements are in the works

Australian High Commissioner to Singapore Bruce Gosper has hinted that Australia is in talks with other countries in the region about inking additional bilateral digital economy agreements after it ... ( read original story ...)

Posted on 29/04/2020

‘Invisible and possibly forgotten’: Singapore’s second wave of coronavirus cases prompts soul searching on the conditions of foreign workers

Low-paid South Asian laborers in the city-state have been the worst affected by COVID-19 and have the most trouble accessing health care. ( read original story ...)

Posted on 29/04/2020

Singapore’s ‘hooligan cook’ offers free meals for needy during virus lockdown

As food stalls around him have closed during the coronavirus outbreak in Singapore, 28-year-old cook Jason Chua has vowed to stay open for the many that now depend on him. ( read original story ...)

Posted on 29/04/2020

Coronavirus pandemic will likely end the strong profit growth in Singapore banks

Singapore's three largest banks are scheduled to release first-quarter earnings in the coming days, starting with DBS on Thursday. ( read original story ...)

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