Singapore’s Purchasing Managers’ Index remained positive for six consecutive months. The manufacturing industry contracted only 5.8% YoY in Q3 2020, a significant improvement from the 13.2% YoY contraction in Q2 of the same year, according to Cushman & Wakefield. The industry also expanded by 10% YoY in Q3 with economic growth said to be driven by […]
Read MoreSHIPPING containers with a volume of 36.9 million Twenty-foot Equivalent Units (TEUs) passed through the Port of Singapore last year, down by 0.9 per cent from the figure for the year before. Singapore’s container throughput was stable, even with the Covid-19 pandemic, noted the Maritime and Port Authority (MPA) on Wednesday. With the port staying […]
Read MoreThe Hanoitimes – More investment from Singapore’s tech firms will help maintain its position as Vietnam’s top investor, Prime Minister Nguyen Xuan Phuc has said. Singapore’s investors are seeking investment opportunities in Vietnam, particularly in fields of innovation, smart city and startups, which are in line with the Vietnamese government’s development priorities. Singapore’s Ambassador to Vietnam […]
Read MoreSINGAPORE and Malaysia have a shared commitment to keep supplies flowing in from across the Causeway – and Singapore’s supply chain is resilient enough to withstand any potential disruptions going forward, according to Minister for Trade and Industry Chan Chun Sing in a Zoom media conference on Wednesday morning. Responding to a media query, Mr […]
Read MoreSINGAPORE may not be too greatly affected by Malaysia’s state of emergency and its reintroduced Movement Control Order (MCO) curbs amid the Covid-19 pandemic, with the most significant impact likely to be on movement of manpower, said economists. “Malaysia’s state of emergency and MCO should only have a small negative impact on Singapore,” said Maybank […]
Read MoreHANDLING the labour market shock wrought by the Covid-19 pandemic requires “high-quality and effective coordination”, said Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam on Tuesday, at the Institute of Policy Studies (IPS) Singapore Perspectives 2021 conference. Singapore’s approach is not just to put people back at work as quickly as possible, but […]
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