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Economics

531 posts

IMF: Asia's growth in 2020 to halt for the first time in 60 years due to pandemic

As the COVID-19 pandemic sweeps over Asia, yielding “unprecedented” damage on the…

IMDA: S$8million investment into S'pore media industry amid pandemic

On Tuesday (14 April), several initiatives have been introduced by the Infocomm…

Record oil supply cuts fail to boost market sentiment amid pandemic

According to industry watchers, oil producers have a tough hurdle to overcome…

MAS: Forex intervention operations amount to S$42.6 billion net purchases of foreign exchange

On Thursday (10 April), the Monetary Authority of Singapore (MAS) made its…

Top oil producers hold talks amid crashing oil prices

On Friday (10 April), oil prices dropped steeply as top oil producers…

DBS, OCBC and UOB vow no job cuts amid pandemic

The banking sector is the largest employer in Singapore. Amid the COVID-19…

Maybank economists: S'pore retrenchments could reach 150,000 to 200,000 due to COVID-19

Despite the government’s effort manifested in the three stimulus packages and the…

Moody's downgrades pandemic-stricken Singapore banking sector to "negative"

The outlook of Singapore’s banking sector has been downgraded by Moody’s from…

Duke University public policy professor warns of "market failure" in journalism as advertising revenue declines despite surge in readership over demand for COVID-19 news

Face masks, toilet paper and hand sanitisers are not the only things…

MAS: Debt repayment period extended for SMEs, mortgage borrowers till year end

The latest measures by the Monetary Authority of Singapore (MAS) and industry…