Economy

Breaking the Mould—Helping Manufacturers in Singapore Embrace Innovation in 2020 and Beyond

Technology innovation does not need to be intrusive or all-encompassing. It is something that can be achieved by every manufacturer—no matter where...

Gender Smart Investing: the US$4.5t opportunity Singapore can leverage

The data is unequivocal: no matter where in the world you are born, life is harder if you are born a girl. From health to education to work, women...

Second COVID-19 support package could include wage support

Targeting the scheme to tourism-related sectors would have high impact.

MOH to restrict travel from Italy, France, Spain and Germany

Residents who recently travelled to these countries will have to self-quarantine for 14 days.

A third of SGC members expect over 10% revenue loss in H1 2020

Two-thirds saw a moderately disruptive impact on their business due to the outbreak.

COVID-19 to knock $211b off APAC economies

APAC markets to toe the recession line amidst coronavirus spread.

Weak profit outlook taints Q2 business sentiment

Organisations are least optimistic with new orders and net profits.

Lower oil prices no silver bullet for Singapore's economic woes: analysts

The transportation sector may have missed out on the massive energy discount.

Hotpot chain founder sets up family office in Singapore

Shu Ping is one of Singapore’s richest people with a net worth of around US$7.7b.

Singapore nabs 8th spot for fastest growing UHNWI markets

New ultra-rich individuals are emerging from its vibrant startup scene.

CAD orders TEE International to show documents on ex-CEO's remittances

Phua Chian Kin admitted to using company funds for his personal use.

Manufacturing output hits five-year low in February

The electronic sector PMI also dipped to its lowest level in eight years.

Maximum investment under Startup SG Equity Scheme doubles

Startups under the scheme can now get up to $8m.

MTI to bolster initiatives for firms' overseas expansion

They will extend the Double Tax Deduction Scheme and launch the Grow Digital initiative.

Business receipts in services sector climbed 4.6% in Q4 2019

Revenues in the transport & storage services industry grew 5.6%.