Economy

Lull's over: Retail sales show first positive growth in over two years

Sales data for February 2021 showed a growth of 3.5% YoY.

Lull's over: Retail sales show first positive growth in over two years

Sales data for February 2021 showed a growth of 3.5% YoY.

March NODX performance has analysts upbeat

Overall exports surged by 21%, leading experts to upgrade their Singapore economic forecasts.

Recovery from COVID-19 drives GDP rise in Q1

It has grown 0.2% YoY in Q1 following contractions from three previous quarters.

Exports tripled their growth to 12.1% in March

Non-oil domestic exports saw an overall boost from both the electronic and non-electronic sectors.

Light at the end of the tunnel? Singapore to maintain 5.8% GDP growth forecast

The threat of of COVID-19 variants attacking key trading partners may still weaken recovery, advises Fitch.

Monetary policy maintained as MAS looks ahead to economic recovery

However, the money supply chiefs are aware that pandemic risks remain.

Singapore leads regional free trade agreement ratification

The Regional Comprehensive Economic Partnership needs ratification from nine countries.

Unemployment continues downward trend

Joblessness across Singapore fell to 3.0% in February 2021.

SME business sentiment rises cautiously to neutral levels

Negative sentiment is expected to ease across all business sectors over the next six months.

Proposed SINGA bonds unlikely to affect credit rating: OCBC

The government plans to borrow $90b for infrastructure projects, the highest amount of potential borrowing in three decades.

Most family businesses still have weak digital capabilities: survey

Research finds they lack digital tools required for the current changes in the business landscape.

Build digital infrastructure sustainably: National Development Minister

Speaking atthe opening of Digital Realty's new data center, Desmond Lee stressed the importance of environmental sustainability.

Industry Transformation Maps to be refreshed: Heng

ITMs progress has been disrupted by the pandemic, and a refreshed direction is needed.

Singapore ratifies ASEAN Trade in Services agreement

It provides guarantee of the widest preferential services market access into the ASEAN region.

Government committee to look into Integrated Shield Plans issues

Concerned parties have met to discuss improvements on management of IP panels.

Singapore joins IMF efforts to help low-income countries impacted by pandemic

Singapore is set to provide US$20.57m to help the International Monetary Fund's regional assistance programme.

Singapore startup landscape remains resilient amidst COVID-19

Tech startups drew in $5.5b of capital over the past year.