A recession in Singapore’s trade-reliant economy could be deeper than forecast as the protracted nature of the COVID-19 pandemic is likely to hamper a decisive rebound in global activity, the …
Singapore faces deeper-than-forecast recession as virus clouds global outlook, central bank says
The Covid-19 pandemic knocked Singapore’s economy in the first quarter, when it shrank 2.2% — its sharpest contraction since the 2009 financial crisis.
Singapore Faces Wage Cuts as Businesses Curb Costs, Central Bank Says
Wages in Singapore will take a bigger hit than jobs as businesses try to cut costs in an economy bracing for a sharp contraction, the central bank said.
Hin Leong Bust the Latest to Mar Singapore’s Oil Trading Haven
Singapore has long touted itself as the ideal home for a commodity trading house, with low taxes, light regulation and a view of one of the world’s busiest shipping channels. That hard-earned …
Singapore, Kuwait record highest number of Indian Covid-19 cases
More than 2,300 infections among Indian nationals, most of them workers living in dormitories, had been recorded in Singapore till late last week, and more than 1,300 infections were reported among …
Indonesia’s Pertamina to store gasoline onboard ships in rare move
Indonesia’s Pertamina has chartered ships to store gasoline off Singapore waters in a possible effort to cash in on the current low prices caused by a slump in demand because of the coronavirus, three …
Japan, Singapore could be the worst-hit Asian economies in the coronavirus pandemic, says Moody’s Analytics
The Japanese and Singaporean economies were already weak before the coronavirus outbreak worsened over the past month, said Steve Cochrane, chief Asia Pacific economist at Moody’s Analytics.
Borgata dealer traveled to Singapore, then Las Vegas before returning to work. Ten days later, she was sick with the coronavirus.
Liu “Sing” Ruixing, 60, a native of China, where she was a pediatrician, was one of three dealers reported by the casino to have tested positive for coronavirus shortly after all nine Atlantic City …
Singapore reports 931 new coronavirus cases, taking total to 13,624
Volunteers with nongovernmental organisation Alliance of Guest Workers Outreach (AGWO) distribute food and beverage for free to migrant workers in Little India on April 25, 2020 in Singapore.
Coronavirus live updates: Singapore reports 618 new cases, Argentina extends lockdown
Singapore reported an additional 618 confirmed cases as of noon Saturday, marking the second day in a row that daily new cases were less than 1,000. China reported 11 new confirmed cases and no …