indo01
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Singapore remains Indonesia’s top foreign investor in first half

Singapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest investment data issued by the Investment Coordinating Board (BKPM) on Tuesday. During the same period, Japan was the second-largest with investment of $2.4 billion comprising 3,708 projects, followed by China as […]

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sin04
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Jobless rate for Singaporeans edges up to 3.3% in Q2 with employers more cautious in hiring

UNEMPLOYMENT for Singaporeans continued to rise as the pace of employment growth slowed in the second quarter of this year, amid trade tensions and global uncertainties. However, retrenchments dipped, according to preliminary data from the Ministry of Manpower (MOM) released on Friday. The unemployment rate for Singaporeans rose for the third consecutive quarter to 3.3 […]

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malay02
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Trade war spurs recession risk in Singapore

SINGAPORE: The US-China trade war is threatening to drag export-reliant Singapore into a recession and aggravating underlying risks facing the former tiger economy. Singapore’s economic data have gone from bad to worse this month. Exports slumped to their second-worst rate since the global financial crisis, the purchasing managers index slipped into contraction for the first […]

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