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Home » Economy » Page 4

Economy

Speed bumps ahead for Singapore's economic recovery

July 17, 2021
SINGAPORE – Robust demand globally and accelerating vaccination rates at home will keep Singapore on track for a better-than-expected rebound from its worst recession. That demand, for electronics
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Economy

Asia's air travel may take three years to recover from Covid-19

July 15, 2021
SINGAPORE (BLOOMBERG) – Asian air travel may take another three years to recover fully from the devastation wrought by the Covid-19 pandemic, lagging behind rebounds in other regions
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Economy

Firms in S’pore turn to tech, online space to weather pandemic storm

June 26, 2021
SINGAPORE – Chinese fine dining restaurant Jing Seafood has been a mainstay in Marina Bay for over a decade but owner Loh Lik Peng was forced to down the
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Economy

Singapore factory output jumps 30% in May, bolstered by low base a year ago

June 25, 2021
SINGAPORE – Manufacturing output in Singapore saw a huge jump in May, helped by the low base seen a year ago amid Covid-19 circuit breaker measures. Singapore’s factory
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Economy

China's factory output, retail sales, investment all miss expectations in May

June 16, 2021
BEIJING (REUTERS) – Growth in China’s factory output slowed for a third straight month in May, possibly due to disruptions caused by Covid-19 outbreaks in the country’s southern
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Economy

Owner of 100 malls across US files for Chapter 11 bankruptcy

June 14, 2021
BENGALURU (REUTERS) – Mall owner Washington Prime Group filed for Chapter 11 bankruptcy protection on Sunday (June 13), after the Covid-19 pandemic forced it to temporarily close some
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Economy

Living with Covid-19 plan paves way for stronger recovery in S'pore economy

June 4, 2021
SINGAPORE – Singapore’s shift in policy emphasis, towards learning to live with Covid-19, has lit up the path to a stronger and broader economic recovery. Prime Minister Lee
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Economy

Top US Fed official downplays inflation, warns against acting early

May 28, 2021
WASHINGTON (AFP) – The current spike in inflation is unlikely to pose a persistent threat to the US economy, and prematurely heeding calls to act could derail the
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Economy

South Korea unveils $600 billion push for global chipmaking crown

May 13, 2021
SEOUL (BLOOMBERG) – South Korea unveiled ambitious plans to spend roughly more than 510 trillion won (S$602 billion) to build the world’s biggest chipmaking base over the next decade,
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Economy

US jobs, inflation surprises not changing Fed plans, says top official

May 13, 2021
WASHINGTON (REUTERS) – The twin surprises of weak jobs growth and strong inflation in April has not dented the US central bank’s plans to keep its support for
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