Economy

Government workers to get mid-year bonus and $300 lump sum payment in July

About 1,450 civil servants with lower wage will receive a one-off $500 lump sum.

Government workers to get mid-year bonus and $300 lump sum payment in July

About 1,450 civil servants with lower wage will receive a one-off $500 lump sum.

Number of Singapore's ultra-rich jumped 11.5% to 122 in 2017

Their wealth was driven by GDP growth, home price recovery, and national savings.

Japan's trade deficit reached US$5.23b in May

There was a 20.7% YoY import increase in the energy sector.

Singapore NODX surged 15.5% in May

Non-electronics jumped 26.2% and offset the 7.8% decline in electronics.

Over 4 in 5 economists worry trade frictions could heat up

But their forecasts for Singapore GDP remained at 3.2%.

Enterprise Singapore opens Kenya office

It will assist Singapore firms’ businesses in sectors like fintech, e-commerce, and logistics.

Job vacancies outnumbered the unemployed in March

The unemployed ratio improved from 0.92 in December 2017 to 1.04 in March 2018.

Singapore and Kenya ink deal to cut taxes and boost investments

Kenya's bilateral trade in goods reached $85.4m in 2017.

South Korea's 1.50% inflation rate falls short of target

Sluggish employment is experienced in the country.

Hiring intentions in Singapore hit a three-year high

Find out which sectors will most likely ramp up their hiring.

China next to US as largest foreign investment hub in 2017

Hongkong, Brazil, and Singapore came next with US$104b, US$63b, and US$62b worth of FDI, respectively.

Singapore's cost of living may not be the highest in the world: report

The city may not be the costliest after all, if tax-adjusted values are taken into account.

Philippine inflation hits 5-year highs at 4.6% in May

The passage of the Tax Reform for Accelaration and Inclusion (TRAIN) law caused price surges in some commodities.