Singapore aims to fill a shortage of overseas workers within the next few months as it progressively eases border restrictions, according to Finance Minister Lawrence Wong. Priority will be given to workers in the construction, marine and process sectors, Wong said Wednesday as he addressed issues raised from February’s budget, which was approved by parliament. […]
Read MoreSINGAPORE, March 1 — Energy costs will be one key area where the conflict in Ukraine will affect Singapore, with pump prices for petrol and diesel here expected to rise, along with electricity rates for both businesses and households. Gan Kim Yong, Minister for Trade and Industry, touched on Russia’s invasion of Ukraine while speaking […]
Read MoreSINGAPORE (Reuters) — Singapore will impose “appropriate sanctions and restrictions” on Russia, its foreign minister said on Monday, including banking and financial measures and export controls on items that could be used as weapons against the people of Ukraine. The tiny city-state, an Asian financial center and key international shipping hub, complies with United Nations […]
Read MoreSINGAPORE is imposing sanctions on Russia, joining a growing number of countries seeking to slap economic costs on the nuclear superpower for invading Ukraine. “In particular, we will impose export controls on items that can be used directly as weapons in Ukraine to inflict harm or to subjugate the Ukrainians. We will also block certain Russian banks […]
Read MoreSINGAPORE’S international visitor numbers tumbled in January on the month before, as border restrictions were tightened amid the global spread of the Omicron variant. Meanwhile, hotel revenue fell by 23.1 per cent month on month to S$101.2 million, from S$131.6 million previously – though industry takings were still up by 43.9 per cent year on […]
Read MoreSINGAPORE’S services industries saw business receipts rise 15.4 per cent year on year for the fourth quarter, according to the Department of Statistics (Singstat) on Friday (Feb 25). Q4’s business receipts were even higher than in the fourth quarter of 2019, before the Covid-19 pandemic, Singstat’s data showed. On a quarter-on-quarter, non-seasonally adjusted basis, business […]
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