Singapore economy

Singapore economy

Double-digit contraction expected for Singapore's 2Q20 GDP: UOB

SINGAPORE (July 9): United Overseas Bank (UOB) is calling a 10.5% year-on-year contraction for Singapore’s 2Q20 Gross Domestic Product (GDP).

Singapore economy

Why the coronavirus pandemic is proving to be the ultimate test for Singapore

(July 8): The pandemic is proving the ultimate test for Singapore, the tiny city-state that has a reputation of reinventing itself during times of crises.

Banking & finance

Singapore's bank lending continues decline as business and consumer loans take a hit from 'circuit breaker' measures

SINGAPORE (June 30): Bank lending in Singapore fell for the third consecutive month in May as both consumer and business loans took a hit from the “circuit breaker” measures restricting t

Singapore economy

Economists mixed on prospects of manufacturing; estimate job losses to hit 150,000 in 2020

SINGAPORE (June 29): Economists expect Singapore’s manufacturing to weaken in the coming months, following the plunge in May’s factory output numbers.

Broker's Calls

Wilmar, AEM, and DBS among Maybank KE’s top picks amid low utilisation levels in Singapore

SINGAPORE (June 29): The second phase of the reopening of Singapore includes broader economic segments including food and beverage (F&B) and retail, while the active number of Covid-19 cases ha

Singapore economy

Singapore retail investors buy into stocks offloaded by institutions

(June 26): Retail investors are filling the void left by institutions in Singapore’s equities market this year, Singapore Exchange Ltd. data show.

Special Feature

Huawei calls for closer cross-industry collaboration to boost Singapore's economic recovery

SINGAPORE (June 26): Singapore has just entered Phase Two of the reopening of the economy and now, we can dine-in at restaurants again and start hitting the gyms.

Global Economy

Canada's rating downgrade may end up benefiting Singapore's debt

(June 25): Canada’s loss may be Singapore’s gain.

Singapore economy

Easing of circuit breaker measures to spark rebound in macro indicators, Covid-19 virus far from being defeated, say analysts

SINGAPORE (June 22): While the easing of circuit breaker measures has seen a pent-up demand in macro indicators such as retail sales, industrial production, and other industries, CIMB Private Banki

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