Tag: Singapore economy

Road to recovery for S’pore’s economy still a long way to go, says Chan...

Singapore – Minister for Trade and Industry (MTI) Chan Chun Sing announced on Monday (Nov 23) that the country is currently at a critical...

MAS Chief: As much as 20% of Singapore’s economy faces ‘deep scarring’ from pandemic

Singapore—The managing director of the Monetary Authority of Singapore, Ravi Menon, warned on Monday (Oct 12) that the current pandemic may cause “deep scarring”...

Trade-reliant Singapore faces a “troubled” future, with ties between countries weakening

Singapore—On Sunday (June 7), Prime Minister Lee Hsien Loong addressed the nation, calling the fight against the coronavirus pandemic “the crisis of a generation,”...

PSP’s Kumaran Pillai: “Is the $93B pumped into the economy adequate?”

Singapore—Kumaran Pillai, a member of the Progress Singapore Party (PSP), has weighed in on the economic fallout Singapore faces stemming from the current coronavirus...

Lawrence Wong: Economy could fully reopen sooner than expected

Singapore — If no surge in Covid-19 cases occurs after circuit breaker restrictions begin to be lifted on June 2, the country's economy could...

Chan Chun Sing: Faster economic recovery depends on rapid test kits and vaccine

Singapore — The speed of economic recovery depends on how available rapid test kits would be and the development of a vaccine, said Trade and...

Full-year recession inevitable, says DBS economist

With the world's economies experiencing tension amid the uncertainty brought about by the Covid-19 pandemic, a senior DBS Bank economist has pointed out that...

SG Budget 2020: Analysts estimate Covid-19 relief package of S$700m

Singapore—The national Budget is scheduled to be announced on Tuesday (Feb 18) with analysts expecting that a virus relief package of at least S$700...

Chan Chun Sing: Singapore’s workforce needs right balance of local and foreign manpower

Singapore— Minister for Trade and Industry Chan Chun Sing said in Parliament on Tuesday (Feb 4) that the country’s workforce needs the ‘right mix’...

Wuhan virus outbreak will affect Singapore’s economy this year: Chan Chun Sing

Singapore — The Wuhan novel coronavirus that has affected more than 2,700 people, killed over 80 and spread to several nations will have a...