Singapore economy

Singapore’s services sector saw receipts decline 7.9% y-o-y in 4Q2020, according to the latest Business Receipts Index (BRI) released by the Department of Statistics (SingStat) on Feb 26.

Singapore’s manufacturing sector began 2021 with a bang, with output expanding by 8.6% y-o-y in the first month of the year, following broad based expansions across most segments save biomedical ma

Singapore has begun 2021 on a positive note, with headline inflation coming in positive in January after months of being in the red.

Singapore’s domestic wholesale sales plunged 27.2% y-o-y in the last quarter of 2020 ended December, improving from the 36.4% decline seen in the previous quarter ended September.

Singapore Exchange could list blank-check companies this year if it gets enough support from the industry.

Singapore’s further reliance on past reserves for funding will depend on how long it takes to get the global coronavirus pandemic under control, with the full extent of the pandemic not yet felt, D

Singapore’s non-oil domestic exports (NODX) expanded 12.8% y-o-y in January to $15.4 billion on the back of a low base from the year before, according to official data released on Feb 17 by trade a

The announcement of Singapore’s full-year economic contraction of 5.4% in 2020 has been well received by economists. 

Singapore’s economy had ended 2020 with a 5.4% contraction, well within the -5% to -7% range predicted in official estimates.

The Singapore government says it is seeking to create a Green Economy through green growth opportunities to create new jobs, transform the nation’s industries, and harness sustainability as a compe