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Page 2 - Singapore Economy

Updated On : 24 Aug 2020 | 5:05 PM IST

Singapore announces $5.8 billion to boost coronavirus hit economy

South China Morning Post reported that unemployment here stands at 2.9 per cent, up from 2.4 per cent in the January-March period and not far off the 3.4 per cent peak during the Financial Crisis

Singapore announces $5.8 billion to boost coronavirus hit economy
Updated On : 18 Aug 2020 | 8:33 AM IST

Singapore extends $5.8 billion stimulus to cushion blow from pandemic

The new set of measures, announced almost three months after the last package, adds to Singapore's total pledged pandemic aid of almost S$100 billion

Singapore extends $5.8 billion stimulus to cushion blow from pandemic
Updated On : 18 Aug 2020 | 1:30 AM IST

Singapore's economy sees worst ever quarterly contraction of 13.2%

Singapore trade minister also cautioned that the current crisis is unlike the 1998 Asian financial crisis or 2009 global financial crisis

Singapore's economy sees worst ever quarterly contraction of 13.2%
Updated On : 12 Aug 2020 | 1:33 AM IST

Singapore economy enters recession, second-quarter GDP plunges record 41.2%

On a year-on year basis, gross domestic product (GDP) plummeted 12.6 per cent, preliminary data from the Ministry of Trade and Industry showed on Tuesday. Economists had forecast a 10.5% contraction

Singapore economy enters recession, second-quarter GDP plunges record 41.2%
Updated On : 14 Jul 2020 | 11:44 PM IST

Singapore PM Lee looks set to win another term with comfortable lead

However, initial trends suggested a tougher contest than expected, with the Opposition parties' vote share rising significantly in key GRCs

Singapore PM Lee looks set to win another term with comfortable lead
Updated On : 11 Jul 2020 | 12:03 PM IST

Singapore re-instates faith in PM Lee, Opposition strength rises

The principal Opposition, the Workers' Party, put up a good fight in key group representation constituencies (GRCs), increasing its seat tally to 10 against the earlier six

Singapore re-instates faith in PM Lee, Opposition strength rises
Updated On : 11 Jul 2020 | 10:05 AM IST

Singapore to ease some coronavirus restrictions over next few weeks

Selected activities such as home-based businesses, laundry services and barbers will be allowed to operate from May 12.

Singapore to ease some coronavirus restrictions over next few weeks
Updated On : 02 May 2020 | 7:49 PM IST

Singapore economy shrinks in Q2 as global trade woes worsen

The dismal figures were the latest signs that trade tensions between Washington and Beijing are having a major impact on export-reliant economies across the world.

Singapore economy shrinks in Q2 as global trade woes worsen
Updated On : 12 Jul 2019 | 11:32 AM IST

Trump's war on washing machine imports may have early casualty in Singapore

The Singapore dollar is particularly exposed to investor expectations of future growth trends as the country's central bank uses the currency as a monetary policy tool instead of interest rates

Trump's war on washing machine imports may have early casualty in Singapore
Updated On : 24 Jan 2018 | 9:04 PM IST

Singapore central bank stands pat despite GDP slump, markets bet on more easing

The country's economy contracted by 4.1 per cent in the third quarter on a seasonally adjusted annualised basis

Singapore central bank stands pat despite GDP slump, markets bet on more easing
Updated On : 14 Oct 2016 | 9:40 AM IST

Singapore private home prices fall most in seven years in Q3

Latest drop was the largest quarterly decline since home prices slid 4.7% in the second quarter of 2009

Singapore private home prices fall most in seven years in Q3
Updated On : 03 Oct 2016 | 12:27 PM IST

Singapore August exports stall, weak outlook keeps pressure for stimulus

Weak global demand and domestic challenges such as a labour shortage have dragged on growth

Singapore August exports stall, weak outlook keeps pressure for stimulus
Updated On : 16 Sep 2016 | 9:16 AM IST