FORECASTS for trade growth in 2020 have been adjusted for the third time, this time with Singapore’s non-oil domestic exports (NODX) tipped to grow 3 to 5 per cent year on year while total trade is likely to fall less sharply, by -10 to -8 per cent. The previous trade growth forecasts were -4 to […]
Read MoreIndonesian ride-hailing decacorn Gojek launched a website on Monday to help micro, small and medium enterprises (MSMEs) go online. The website, melajubersamagojek.com, provides advice to business owners on which Gojek applications can help them accelerate their digitizational process. “Going digital is not easy if there is only one part of the value chain that is digitalized. […]
Read MoreSingapore’s economy suffered a bigger contraction in the second quarter than previously estimated, signalling a long recovery ahead for the trade-reliant nation. Gross domestic product plunged a record 42.9% on an annualized basis in the second quarter from the previous three months, according to final estimates from the Ministry of Trade and Industry released Tuesday. […]
Read MoreSINGAPORE – Businesses on both sides of the Causeway welcomed the cross-border travel arrangements between Singapore and Malaysia, which would allow employers to travel for essential meetings and afford workers opportunities to see their families more often. The arrangement will address the pressing travel needs of both countries, the Singapore Business Federation and the Malaysia-Singapore Business Council […]
Read MoreSINGAPORE, Aug 10 — With the Covid-19 pandemic having battered the tourism industry, several local tourist attractions have been turning to the local market in a bid to stanch the bleeding. Some are finding more success than others. Of the five local tourist attractions TODAY visited several times over the past few weeks, the Singapore Flyer, Singapore […]
Read MoreSINGAPORE, Aug 9 — Some migrant worker rights groups and activists have raised concerns about rules that restrict workers’ movements in and out of dormitories, saying that they are too strict, give employers too much power and that it is unclear how long the rules will last. They also asked why the rules were not […]
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Thailand
