SINGAPORE, April 8 — Singapore currently accounts for a third of the world’s cruises its tourism body said yesterday, owing to the roaring success of its “cruises to nowhere” at a time of crisis in the industry globally. Cruises have yet to restart in many parts of the world after taking a beating from the […]
Read MoreSINGAPORE, April 8 — Business sentiment among Singapore’s small — and medium-sized enterprises (SMEs) is at its highest since the start of the Covid-19 pandemic, as economic activities worldwide have largely resumed. With Singapore’s economy on the path of recovery, most SMEs are also looking beyond keeping their business afloat, and towards expansion and hiring. […]
Read MoreSINGAPORE, April 6 — Parliamentarians on both sides of the aisle yesterday backed Singapore’s US$20.57 million (RM85 million) contribution to support International Monetary Fund (IMF) initiatives aimed at helping vulnerable and low-income countries cope with the economic impact of Covid-19. The Monetary Authority of Singapore (MAS) had first announced this initiative on March 31, and […]
Read MoreSINGAPORE’S unemployment rates fell for the fourth straight month in February, though Manpower Minister Josephine Teo cautioned that further declines would become harder to achieve. The overall unemployment rate fell to 3 per cent, from 3.2 per cent in January. Resident unemployment declined to 4.1 per cent from 4.3 per cent previously, while citizen unemployment […]
Read MoreSINGAPORE will raise the pot for its Tourism Development Fund (TDF) to support the sector amid near-term headwinds. The latest S$68.5 million top-up comes on continued “targeted support” for “quality tourism enterprises”, Minister for Trade and Industry Chan Chun Sing told the Singapore Tourism Board’s (STB) Tourism Industry Conference on Wednesday. “In the near term, […]
Read MoreInvestors should exercise extreme caution when trading cryptocurrencies, senior minister Tharman Shanmugaratnam said in parliament on Monday. «Cryptocurrencies can be highly volatile, as their value is typically not related to any economic fundamentals. They are hence highly risky as investment products, and certainly not suitable for retail investors,» Shanmugaratnam, who is also the minister in charge […]
Read More
Thailand
