[ad_1] However, Mr Kok noted that the circumstances vary across different sectors, with firms in the construction sector, wholesale trade sector and the hotel, retail and accommodation sector more impacted…
Tag: Singapore economy
Singapore to propose new law to manage significant investments into critical entities
[ad_1] In recent years, several countries have introduced or tightened measures to subject foreign investments in strategically important sectors or companies to greater scrutiny. Even traditionally open economies, such as…
‘Appropriately sized’ unemployment support among ideas for SkillsFuture revamp: Lawrence Wong
[ad_1] NARROWING “COLLEGE WAGE PREMIUM” The government will also continue to improve schemes to uplift the incomes of more disadvantaged groups, while closing the country’s wealth gaps over time. One…
IN FOCUS: Singapore’s energy and chemicals sector set for change as net-zero transition, competition fuel uncertainties
[ad_1] SINGAPORE: On July 26, 1961, a sprawling industrial complex marked by a maze of steel pipes and towering chimneys was declared open on Pulau Bukom, an island located 5km…
Singapore reaping rising investment from India, China, Southeast Asia
[ad_1] By Fanny Potkin SINGAPORE (Reuters) – Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its…
Economists gloomy on Singapore’s outlook despite dodging technical recession
[ad_1] IS A TECHNICAL RECESSION OUT OF THE PICTURE? Singapore’s economy grew 0.7 per cent year-on-year for the April to June period, according to advanced GDP estimates released by MTI…
CNA Explains: Slump and recovery – what is the current state of the Singapore economy?
[ad_1] SINGAPORE: Singapore is set for tepid growth through the rest of the year, as the economy sees diverging prospects for its different sectors, economists said on Friday (Aug 11).…
IN FOCUS: ‘No room for complacency’ as fight for global investments heats up. What can Singapore do?
[ad_1] Apart from the US Chips and Science Act, the US Inflation Reduction Act is another incentive programme “that will compete for the same sorts of investments that Singapore would…
Commentary: Will Singapore be able to avoid recession in 2023 as hoped?
[ad_1] The ongoing recovery in inbound tourism, along with resilient labour market conditions, should lift consumer-facing sectors such as retail and food and beverage. The transport and storage sector, in…