Economy

Over half of Singaporeans are satisfied with the solidarity budget

Majority said that the circuit breaker measures are sufficient to slow the virus spread. More than half or 55% of Singaporeans rated the latest...

Government launches $5.1b solidarity budget amidst lockdown

They will introduce a bill allowing businesses to defer rent and law payments, amongst others.

PMI falls to record low at 45.4 in March

Faster contractions in finished goods, imports, input prices, and order backlog dragged it down.

Myanmar's 2020 growth forecast slides to 3.6% amidst pandemic

The garment sector faces a weak outlook due to factory closures. Myanmar's 2020 GDP growth forecast is 3.6% or 2.7 percentage points (ppt) lower than...

Japan's budget deficit to expand to 7.4% in FY2020

The Olympics’ postponement will drag on tourism and consumption revenues.

64% of Singaporeans believe they will lose more money in 2020

Faith in the government still remains at a high level. 64% of Singaporeans expect they will be financially worse off in 2020 compared to 2019...

GDP growth forecast dips to -2.8% amidst COVID-19 pandemic

Three main sectors of the economy fell due to the escalating outbreak in the country.

Why Business Continuity Planning of IT infrastructure is a must for Singaporean companies to survive Covid-19

Earlier this month, the World Health Organization (WHO) declared Covid-19 a global pandemic. This news has sent shock waves across the world and has...

Daily Briefing: HOOQ files for liquidation; 2,300 students ask to return from overseas placement amidst COVID-19

And Switzerland-based software firm Netcetera opened its first office in Singapore.

Fiscal deficit to make up 11.4% of GDP in 2020: Fitch

Final deficit figure likely to fall at 7.2%.