Economy

SG remains among top 10 most expensive locations in Asia

The Lion City ranks 13th most expensive location for expatriates in the world.

Singapore’s exports expands 8.8% in May

This is the 6th consecutive month of exports growth.

What SG’s ageing population means for the young

The total elderly population is expected to outnumber the young by 2025.

The G7 Tax Deal Should Be a Motivation for Singapore to Leverage Its Real-World Advantages

The Group of Seven (G7)  has recently agreed on a basic framework for overhauling the modern global tax system, in an effort to stop the world’s...

Economists upgrade Singapore 2021 GDP forecast to 6.5%

Private-sector economists polled by the Monetary Authority of Singapore expect higher growth, faster inflation in 2021.

What will happen when Phase 2 (Heightened Alert) ends?

The government will extend remote work, the job support scheme, as restrictions are gradually eased.

Government to assist 40,000 cleaners with training, wage assistance

Cleaners will receive sustained wage increases for a six-year period starting July 2023.

Singapore on the forefront of Southeast Asia’s recovery: report

GDP in the region is expected to rebound to 4.8% in 2021, from a 4.1% contraction last year.

Trade Minister Gan: APEC economies should work together for regional economic recovery

Minister for Trade and Industry Gan Kim Yong represented Singapore at the APEC Ministers Responsible for Trade meeting.

More than 92,000 residents jobless in April

The unemployment rate remained unchanged, according to latest Ministry of Manpower data.

Government to grant one-off GST vouchers and rebates for a total of $1.3b

Approximately 1.4 million Singaporeans will receive up to $500 in GST vouchers from June and July.

Singapore government assures a stable food supply, amidst Malaysia lockdown

The Minister for Trade and Industry Gan Kim Yong has said there will be ample supplies in Singapore during Malaysia’s two-week lockdown.

PM Lee: Expect large-scale COVID-19 testing

Singapore is scaling up its mass testing efforts to curb the spread of the pandemic.

Job Supports Scheme enhanced for Phase 2 Heightened Alert

Support will now be offered to those working in the retail, arts, and sports and fitness sectors, including the self-employed.

Singapore provides up to $700 one-off payout for employees on no-pay leave

The support package is part of the new COVID-19 Recovery Grant (Temporary).