STI slid 2.4%, shares fell following monetary easing by MAS

Following the adjustment on the country’s exchange rate-based monetary policy on Monday…

MAS lowers currency band to zero in monetary easing move

Earlier this morning (30 March), the central bank of Singapore, Monetary Authority…

SIA stocks remained negative despite fund-raising and supplementary budget announcements

On Friday morning (27 March), following the announcement of the government’s Resilience…

Resilience Budget’s provision of unemployment benefit and wage subsidies may be insufficient

On Thursday (26 March), a large-scale supplementary budget was announced by Deputy…

EDB: Singapore factory output declined 1.1% in February

According to the preliminary data released by the Economic Development Board (EDB)…

Singapore: Nationally-developed Coronavirus encounter-tracing app TraceTogether to be open-sourced

A smartphone app developed by the Singaporean digital government team will be…

MTI: Singapore’s 2020 growth forecast turns negative as Q1 GDP shrinks 2.2%

The official gross domestic product (GDP) growth forecast by the Ministry of…

Price of 95-octane grade petrol dropped 20 cents a litre due to oil price crash

In Singapore, the price of the most popular 95-octane grade petrol at…

Singapore, 6 other Pacific countries commit to keeping supply chains, trade alive amid COVID-19

Despite the persistent shocks to trade activities, Singapore and six other Pacific…

Lancet Infectious Diseases study: S’pore modelling found combined approach of physical distancing is most effective for curbing COVID-19 spread

Based on a new modelling study published in the Lancet Infectious Diseases…