SINGAPORE – Singapore’s non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals. Nodx surged 15.9 per cent from a low base a year ago, surpassing the 8.6 per cent gain in May. This also extended the positive growth […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Good trade data helped the local market snap two straight days of losses and shrug off overnight dips on Wall Street led by heightened pandemic fears. Optimistic investors sent the Straits Times Index up 12.32 points or 0.39 per cent to 3,152.30, to end a choppy trading week that closed […]
Read MoreDEVELOPERS in Singapore sold 872 new private homes in June, easing 2.6 per cent from May’s 895, according to data from the Urban Redevelopment Authority (URA) on Thursday. Including executive condominiums (ECs), sales reached 962, down 22 per cent from the 1,234 sold in May. Thursday’s figures were similar to analysts’ flash estimates published by […]
Read MoreTHE successful adoption of the Industry 4.0 technologies, and the development of a higher skilled workforce, are key to advancing Singapore’s goals of becoming the global innovation and talent hub for advanced manufacturing, said Manpower Minister Tan See Leng at a doorstop visit on Wednesday. To help companies achieve this, Dr Tan highlighted the few […]
Read MoreSINGAPORE’S economy in the second quarter posted a 14.3 per cent year-on-year rebound due to the low base from last year when the Republic was in a “circuit breaker”, according to advance estimates from the Ministry of Trade and Industry (MTI) on Wednesday. The Republic’s gross domestic product (GDP) fell a record 13.3 per cent in […]
Read MoreTHE Infocomm Media Development Authority (IMDA) and National Research Foundation Singapore will invest S$50 million over the next five years to develop the city-state’s digital trust capabilities, said Minister for Communications and Information Josephine Teo. Speaking at the ATxAI Conference during Asia Tech x Singapore (ATxSG) on Wednesday, Mrs Teo said the investment will get […]
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