SINGAPORE – The road to recovery for the labour market is likely to be slow and uneven, with resident unemployment rates taking a longer time to reach pre-crisis levels compared with during the global financial crisis, said the Monetary Authority of Singapore (MAS). In its review of the macroeconomic situation released on Wednesday (Oct 28), MAS said the […]
Read MoreSINGAPORE – The Covid-19 shock has affected Singapore’s domestic-oriented industries more severely than in past recessions, so economic recovery will likely take longer, the Monetary Authority of Singapore (MAS) said on Wednesday (Oct 28). MAS said the pace of recovery is expected to moderate in the quarters ahead, as firms and households continue to be restrained by […]
Read MoreSINGAPORE – In the midst of a global pandemic that has disrupted supply chains, Singapore has strengthened its status as a global logistics hub and sees the sector as one of the bright sparks in its economy going forward, said Trade and Industry Minister Chan Chun Sing on Tuesday (Oct 27). It is expected to grow as […]
Read MoreMORE than 2,100 openings are available in the logistics industry as at end-September, of which over 60 per cent are jobs, based on figures from Singapore’s Ministry of Manpower’s (MOM) latest weekly jobs situation report released on Tuesday. Of these jobs, the majority (64 per cent) are in non-PMET (professional, manager, executive and technician) roles […]
Read MoreSINGAPORE (XINHUA) – Singapore Economic Development Board reported yesterday that the country’s manufacturing output grew 24.2 per cent year on year in September, compared to a revised 15.4 per cent rise in August. Excluding biomedical manufacturing, the output grew 8.5 per cent in September from a year ago. On a seasonally adjusted month-on-month basis, Singapore’s […]
Read MoreSINGAPORE is embarking on a trial to import electricity from Malaysia over the next two years, even as the government sets aside about S$50 million to fund research into low-carbon solutions, Trade and Industry Minister Chan Chun Sing said on Monday. The Republic is planning to tap green energy from around the region through regional […]
Read More
Thailand
