Economics
Singapore’s January 2020 core inflation at 0.3%, lower than forecast
According to consumer price index (CPI) data released on Monday (24 Feb), Singapore’s core inflation missed industry forecasts in January...
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Fitch: Singapore government balance to stay in “healthy surplus” in 2020
The report by the credit rating agency Fitch Ratings (Fitch) on Wednesday (19 Feb) addressed the fiscal space as it...
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SGD slid to 1.40 against USD as recessionary risks grow
On Thursday (20 Feb), the Singapore dollar (SGD) dropped to 1.40 against the USD amidst the increasing fears about recession...
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Economists: Budget 2020 short-term fiscal impulse is modest at best
With the overall deficit burgeoning to record high in over 10 years due to the stimulus package incorporated in Budget...
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Heng Swee Keat: Budget 2020 a “fairly large boost” to economy
In the midst of the Covid-19 outbreak impact, Singapore’s budget offers a “fairly large boost” to the economy to combat...
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Budget 2020: S$5.6 billion for workers and firms, S$800 million to combat Covid-19
The Singapore Budget 2020 was announced on Tuesday (18 Feb) by the Deputy Prime Minister and Finance Minister Heng Swee...
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MTI: 2020 growth forecast revised downwards to -0.5-1.5% due to Covid-19 impact
Economic growth forecast for Singapore has been downgraded by the Ministry of Trade and Industry (MTI) on Monday (17 Feb)...
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Growth forecast slashed to -0.5 per cent, exports dropped 3.3% in January due to COVID-19 fears
On Monday (17 Feb), Singapore announced that its January’s non-oil domestic exports fell even as its growth forecast for 2020...
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Coronavirus could damage global growth in 2020: IMF
The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid...
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Fitch: Kuala Lumpur-Singapore HSR to pick up where it was left off
According to Fitch Solutions research on Wednesday (12 Feb), in the “short term”, Malaysia and Singapore will likely restart the...
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