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Tag: Singapore

Posted on April 29, 2020

Singapore Employment Plunges Most Since SARS Outbreak in 2003

Employment in Singapore began the year with its sharpest quarterly contraction since the SARS outbreak in 2003 as the city-state contends with the highest number of coronavirus infections in Southeast …

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Posted on April 29, 2020

Australian High Commissioner to Singapore says more digital agreements are in the works

Australian High Commissioner to Singapore Bruce Gosper has hinted that Australia is in talks with other countries in the region about inking additional bilateral digital economy agreements after it …

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Posted on April 29, 2020

‘Invisible and possibly forgotten’: Singapore’s second wave of coronavirus cases prompts soul searching on the conditions of foreign workers

Low-paid South Asian laborers in the city-state have been the worst affected by COVID-19 and have the most trouble accessing health care.

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Posted on April 29, 2020

Packed With Migrant Workers, Dormitories Fuel Coronavirus in Singapore

Cases of the virus in dormitories, which can house up to 20 people per room, accounted for 88 percent of the nation’s cases, as of Tuesday.

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Posted on April 29, 2020

Coronavirus pandemic will likely end the strong profit growth in Singapore banks

Singapore’s three largest banks are scheduled to release first-quarter earnings in the coming days, starting with DBS on Thursday.

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Posted on April 29, 2020

Singapore Banks Set to Post First Profit Decline Since 2016

All three of Singapore’s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fueled economic …

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Posted on April 28, 2020

A British expat in Singapore is paying $7,000 a month to swim in a pool during quarantine

The pool at the man’s condominium was closed due to social distancing measures, so he struck a deal with a neighbor.

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Posted on April 28, 2020

Singapore Billionaire’s Son Leads Biotech Labs To Export COVID-19 Test Kits

As Singapore extends its semi lockdown circuit breaker to June 1st in the face of spiking coronavirus cases, local biotech firms are racing against time to work on solutions that can help curb the …

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Posted on April 28, 2020

Singapore faces deeper-than-forecast recession as virus clouds global outlook: central bank

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 …

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Posted on April 28, 2020

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.

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