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Singapore updating plan to lift competitiveness of marine and offshore engineering sector amid Covid-19 and climate change

SINGAPORE – To keep the marine and offshore engineering sector in Singapore buoyant, a plan to boost its competitiveness is being updated by government agencies to account for disruptors such as Covid-19 and climate change. Dr Tan See Leng, Second Minister for Trade and Industry, told Parliament on Tuesday (July 27) that the refreshed industry […]

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Singapore: As new dine-in ban looms, eateries, retailers reiterate call for help with rents and wages

FOOD and beverage (F&B) and other services businesses appear desperate for help, as Singapore headed into its third dine-in ban since the Covid-19 pandemic began. Representatives from the industry reiterated calls for deeper support on Wednesday, as stricter curbs take their toll on eateries and retailers – including many small businesses. Rents, wage costs and […]

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Singapore dollar’s haven appeal rises in Covid-ravaged region

THE Singapore dollar is poised to outperform its South-east Asian peers as a higher vaccination rate and rising core inflation may spur its central bank to start tightening policy sooner than its regional counterparts. While all South-east Asian currencies have been under pressure against the greenback since the Federal Reserve’s latest “dot plot” brought US […]

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