The Singapore prime minister's nephew said on Tuesday that he would pay a S$15,000 (8,346 pounds) fine for contempt of court, but that he did not admit guilt in the case. ( read original story ...)
Singapore Sees Slow Recovery as Economy Plunges by Record
Singapore’s economy suffered a bigger contraction in the second quarter than previously estimated, signaling a long recovery ahead for the trade-reliant nation. ( read original story ...)
Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India
Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. ( read original story ...)
Singapore’s Recession Worse Than First Thought as Virus Slams Asia’s Exporters
Singapore's recession was deeper than first estimated in the second quarter as the coronavirus pandemic dealt a major blow to Asia's trade-reliant economies. The city-state has been hit hard by ... ( read original story ...)
Singapore’s economic contraction in the second quarter was worse than initial estimates
The Ministry of Trade and Industry revised its full-year forecast for Singapore to register an economic contraction of between 5% and 7% in 2020. Previously, it had expected the country's GDP to fall ... ( read original story ...)
Singapore faces a ‘bumpy road’ to recovery from coronavirus impact: CIMB
Even as Singapore's domestic consumption picks up, its economic resumption remains rocky without a more substantial global recovery in external demand like trade plus goods and services, says Song ... ( read original story ...)
Virus-hit Singapore’s Q2 recession deeper than estimated
Singapore's virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country's first recession in more than a decade was deeper than initially estimated, official data ... ( read original story ...)
Coronavirus latest: Singapore economy shrinks 13% in Q2 as forecasts revised
Sydney Airport is raising $1.4bn to restructure its operations in response to the calamitous slump in air travel. Reporting delays keep a lid on US figures for new cases and deaths. Cuba shuts down ... ( read original story ...)
Singapore’s Economy Posts Worse Contraction in Second Quarter
Singapore’s economy had a bigger contraction in the second quarter than previously estimated, signaling a long recovery ahead for the trade-reliant nation.Gross domestic product plunged an annualized ... ( read original story ...)
Singapore downgrades second quarter GDP as lockdown measures hurt
Singapore's economy contracted more than initially estimated in the second quarter due the lockdown measures to curb the spread of the coronavirus, official data showed on Tuesday. ( read original story ...)