Economy
Recovery relies on border restrictions easing
Outlook for the tourism and food and beverage sectors do not look promising for the remainder of 2021.
Recovery relies on border restrictions easing
Outlook for the tourism and food and beverage sectors do not look promising for the remainder of 2021.
Exports soared by 15.9% in June
Top export destinations were Taiwan, the EU, and Mainland China.
Singapore takes a lion share of Southeast Asian M&As
Not even the pandemic could fully defeat the investor demand for up and coming Singapore firms in the company market.
SMEs post sharp recovery in the second quarter
The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.
Singapore eyes becoming key trading hub for specialty coffee
The Singapore Coffee Association has a “multi-pronged approach” to reach the plan which can double the country’s market.
Singapore, Indonesia reaffirm vow to strengthen ties to defeat pandemic
The ministers of the two countries discussed areas for economic cooperation.
Economy soars by 14.3% in second quarter: MTI
Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.
Economy to have uneven recovery in 2021: Standard Chartered
Certain business sectors will continue to struggle amidst labour shortages and mobility restrictions.
Singapore launches SGTraDex for supply chain data exchange
This is expected to unlock more than US$150m value annually for the supply chain ecosystem.
'Expect regular disruptions in trading environment': Gan Kim Yong
Stronger links with China could help Singapore face these changes, the Minister of Trade and Industry said.
Daily briefing: SG, EU reaffirm cooperation on climate change; SG sends medical supplies to Indonesia
And SG sends help to Indonesia as COVID-19 cases surge.
Singapore ranks 4th safest country in 2021
Singapore is the top Asia-Pacific country in Global Finance magazine’s World’s Safest Countries rankings.
SG needs to embrace globalisation: Ong Ye Kung
Minister of Health and former trade negotiator, Ong Ye Kung, also defends the India-Singapore Comprehensive Economic Cooperation Agreement.
Gov’t sends Finance Minister Wong to attend G20 Meeting
The G20 meeting will be held in Venice, Italy from 9 to 11 July.
Additional $1.2b announced for COVID-19 support measures
This includes the extension of the Job Support Scheme for vulnerable industries.
MOF consults industries on tax system changes
Singapore ensures that it will safeguard taxing rights and will seek to minimize the compliance burden for businesses in the adjustment.
MOF seeks feedback on Goods and Services Tax Act amendments
The Ministry of Finance plans to amend the introduction of GST on imported low-value goods and non-digital services.
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