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Economics

531 posts

Heritage Foundation: Singapore ranks first as economically freest country globally, dethroning Hong Kong

Based on the Washington think tank, Heritage Foundation’s Economic Freedom Index (EFI),…

MOF, IRAS: Wage Credit Scheme payouts of more than S$600m for employers

Under the Wage Credit Scheme (WCS), more than S$600 million in payouts…

Singapore Nodx increase 3% in February, contrary to expectations of decline

In February, Singapore’s non-oil domestic exports (Nodx) increased by 3 per cent…

Hong Kong unemployment rate will hit highest level in nine years, warns the city’s financial secretary

As the novel coronavirus (COVID-19) pandemic poses disruption to the global economy,…

MOM: Job vacancies declined despite strongest employment growth in 5 years

The Ministry of Manpower (MOM) released a labour market report on Thursday…

Govt to prioritise SMEs, self-employed and retrenched workers in second stimulus package, says DPM Heng Swee Keat

The Government’s second stimulus package will focus on supporting small- and medium-sized…

Heng: Reserves may be put to use to finance second support package

The Singapore government is not ruling out the need to utilise past…

MAS survey: Economists downgrade Singapore growth forecast, recession may loom

Based on the results from a quarterly poll released on Wednesday (11…

Global economic slowdown induced by Covid-19 may render Singapore safe haven no more

In an opinion piece by South China Morning Post written by Nicholas…

Coronavirus-stricken stock markets tanked following global oil price crash

On Monday (9 March), a vicious selloff was triggered due to world…