[SINGAPORE] Singapore’s economy will probably experience a “shallow technical recession” in the third quarter as the global trade outlook worsens, according to Maybank Kim Eng Research. The escalating US-China trade conflict is weighing on Singapore’s export-reliant economy, which Maybank expects will grow 1.3 per cent this year, down from a previous projection of 1.6 per cent […]
Read MoreSEVEN in 10 property transactions in Singapore are handled with hard-copy documents, but paperwork could soon be a thing of the past. The Infocomm Media Development Authority (IMDA) has launched a public consultation on its review of Singapore’s Electronic Transactions Act (ETA). The planned changes would also affirm that new technologies such as blockchain and […]
Read MoreSINGAPORE factory output fell again in May, after a brief reprieve the month before. Industrial production was down by 2.4 per cent on the year prior, worse than private economists’ prediction of a 1.8 per cent decline, according to preliminary Economic Development Board numbers out on Wednesday. When biomedical manufacturing was left out, factory output […]
Read More[SINGAPORE] Last year, Singaporean chemicals factory boss Erman Tan took his employees on a cruise to the Malaysian island of Penang. This year, Mr Tan says the best he can offer is to watch a video of the trip. Singapore’s economy is expected to grow at its slowest pace in a decade this year, and […]
Read MoreSINGAPORE: Last year, Singaporean chemicals factory boss Erman Tan took his employees on a cruise to the Malaysian island of Penang. This year, Tan says the best he can offer is to watch a video of the trip. Singapore’s economy is expected to grow at its slowest pace in a decade this year, and some […]
Read MoreONLINE hiring in Singapore saw 16 per cent year-on-year growth for the month of May, according to a report by online recruitment services firm Monster on Tuesday. Its Monster Employment Index (MEI) is a gauge of online job posting activity compiled monthly by Monster.com. It records the industries and occupations that show the highest and lowest growth […]
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