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Economy

Singapore non-oil exports surge 6.8% in December to snap two-month decline

January 18, 2021
SINGAPORE – Singapore’s non-oil domestic exports (Nodx) posted its first gain in three months in December, mainly helped by shipment of non-electronic goods such as specialised machinery, non-monetary
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Economy

US unemployment spikes with 1 million jobless claims last week

January 15, 2021
WASHINGTON (NYTIMES) – Ten months after the coronavirus crisis decimated the US labour market, the resurgent pandemic keeps sending shock waves through the economy. Though more than half
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Economy

COVID-19 has more people going cashless. Will dollar bills go out of style

December 31, 2020
The dollar may be almighty but with COVID-19 circulating, its physical form is perhaps less useful than ever before. Many businesses, particularly restaurants, in Colorado and across the
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Economy

China's industrial profits grow robustly in 7th straight monthly rise

December 27, 2020
BEIJING (REUTERS) – Profits at China’s industrial firms grew robustly in November for a seventh month of gains, supported by strong industrial production and sales, as manufacturers continue
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Economy

Singapore firms pursuing innovation opportunities both here and abroad

December 6, 2020
SINGAPORE – Start-ups have been actively participating in innovation calls and pursuing opportunities both locally and abroad this year. There have been 84 joint applications between Singapore firms
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Economy

Singapore ranked world's second-most connected country in DHL index

December 3, 2020
SINGAPORE – Despite the coronavirus pandemic and the disruption in trade and capital flows and economic downturn it caused this year, Singapore has been ranked the world’s second
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Economy

Growth in China's services sector soars on stronger consumer demand

December 3, 2020
BEIJING (REUTERS) – Growth in China’s services sector accelerated in November as new business rose at the fastest pace in over a decade, a private survey showed on
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Economy

Japan's factory output rises for fifth month, retail sales jump

November 30, 2020
TOKYO (REUTERS) – Japan’s industrial output rose for the fifth straight month in October, fuelled by stronger machinery and car production, suggesting the economic is recovering further from
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Economy

Closer private-public partnership will foster agile regulations needed to create pro-business environment: Chan Chun Sing

November 20, 2020
SINGAPORE – A tighter partnership is needed between businesses and the Government so that regulations can be agile and adapt to changing needs and innovations, said Minister of
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Economy

Air travel in US, Europe was gaining momentum. Now what?

November 20, 2020
NEW YORK (NYTIMES) – Confidence about the course of the Covid-19 pandemic has helped put passengers back on planes in recent months, and Thanksgiving week is shaping up
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