Economy

COVID-19's impact on Singapore ‘intense': HSBC report

It derailed short-term growth and could hinder long-term potential output.

COVID-19's impact on Singapore ‘intense': HSBC report

It derailed short-term growth and could hinder long-term potential output.

Retail sales down 1.9% in November 2020

Food and alcohol saw the largest drop in sales.

Singapore sees four ‘rainbow' trends emerging: Maybank

The COVID-19 pandemic has catalysed all of these trends.

Industrial production rose by 17.9% in November

This growth sets off the 0.8% YoY decline posted in October.

Economy contracted 5.8% in 2020

The manufacturing sector improved, whilst the services sector continued to falter.

Non-oil domestic exports dropped 4.9% YoY in November

Electronic NODX decreased by 3.8% YoY, whilst non-electronic NODX declined by 5.2% YoY.

Singapore to invest $25b for research and innovation ‘til 2025

The government outlined plans to expand funding to ‘key’ sectors to meet future challenges.

Over 40 companies joined SBF's IHCI Enabler Programme

Twelve industry sectors were covered in the eight-week training programme.

Singapore, UK sign free trade agreement

They have agreed to begin negotiations on a digital economy agreement next year.

Singapore to host WEF Special Annual Meeting 2021

The annual meeting will return to Davos-Klosters, Switzerland in 2022.

More tech innovations, collboration needed to drive recovery: DPM Heng

In his remarks to SFF x SWITCH attendees, DPM Heng also called for more financial inclusivity and sustainability.

Singapore PMI slips by 0.1 point in November

The electronics sector recorded a marginal 0.1 point rise.

Credit Bureau Asia debuts on SGX Mainboard

CIMB Bank Berhad Singapore is the issue manager.

Aedge Group announces IPO launch on Catalist

The sponsor for the listing is UOB Kay Hian.

Over half a million Singaporeans ditched travel credit cards: survey

More planning to get rid of theirs if restrictions remain in place in 2021.