Current Affairs

Homegrown fitness brand FIGHT ZONE opens third outlet in Velocity, aims to expand overseas

On Saturday (12 Oct), homegrown fitness brand FIGHT ZONE inaugurated the official opening of its third outlet at [email protected] Square, and is already looking at expanding the “fight zone” overseas. The launch at Velocity was attended by special guest Mr Ang Peng Siong, Singapore’s swimming icon who is currently the Vice-President of Singapore Athletics and founder of Aquatic Performance Swim …

Read More »

Singapore escapes technical recession as economy grows 0.1% in Q3

The Singapore economy narrowly escapes technical recession as it grew 0.1% on a year-on-year basis in the third quarter of 2019, based on flash estimates from the Ministry of Trade and Industry (MTI) released on Monday (14 October). This figure is lesser than 0.3% growth estimated by economists in a Reuters poll, but remains the same with the 0.1% growth …

Read More »

Singapore eases monetary policy, avoids recession

Singapore eased monetary policy for the first time in over three years Monday as the US-China trade war bites, while the export-reliant economy narrowly avoided recession in the third quarter. The financial hub’s central bank joins others around the world, from Europe to the US, in loosening policy as fears mount of a global economic slowdown. The city-state has traditionally …

Read More »