THE Ministry of Trade and Industry (MTI) is maintaining Singapore’s gross domestic product (GDP) growth forecast at 4 to 6 per cent for 2021. For 2020 as a whole, the Singapore economy contracted by 5.4 per cent, a reversal from the 1.3 per cent growth recorded in 2019. In its report released on Monday, MTI’s […]
Read MoreSINGAPORE: Singapore restaurant owners face a gloomy Lunar New Year, with Covid-related interruptions signalling that even countries with a good handle on cases will suffer until the pandemic is under control globally. A labour-supply crunch in the food and beverage sector and government restrictions on office-sponsored parties will weigh even more on a sector that’s […]
Read MoreSINGAPORE: Countries could relax border controls and allow more travel if there’s a set of standards for vaccine certification that immigration authorities can use to help determine entry policies, Singapore Transport Minister Ong Ye Kung said. “That is really the light at the end of the long tunnel, ” Ong said in an interview with […]
Read MoreSINGAPORE: Singapore’s DBS Group reported a one-third fall in quarterly net profit, in line with estimates, as it booked higher loan losses in pandemic-hit markets but gave an optimistic view for this year. Piyush Gupta, CEO of Southeast Asia’s biggest lender, said latest economic data supported a strong economic rebound for 2021. DBS’ strong performance […]
Read MoreRESALE prices of non-landed private homes in Singapore rose for the sixth straight month in January 2021, SRX Property said on Tuesday. Overall prices were up 1.2 per cent from December 2020, and 2.2 per cent higher compared to January 2020, according to flash figures from the real estate portal. All regions saw price increases […]
Read MoreSINGAPORE: A prominent Singapore businessman has said he will exit his investment in a tobacco firm linked to the Myanmar military, after the army deposed the country’s democratically elected government in a coup last week. Lim Kaling, co-founder and director of Hong Kong-listed gaming group Razer, said in a statement on Tuesday he was a […]
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Thailand
