Economy
Gov't mulls tightening COVID-19 restrictions ahead of Chinese New Year
Gov't mulls tightening COVID-19 restrictions ahead of Chinese New Year
They are still considering whether such measures are necessary.
ASEAN IPO activity down in 2020
But proceeds rose significantly due to rise in deal sizes.
Singapore's COVID-19 ‘elimination' strategy may delay opening borders past 2022
Inbound tourist arrival fell to more than 80% in 2020 compared to 2019.
Reopening of nightclubs, karaoke hubs deferred
This is due to an increase in community cases of COVID-19.
Non-oil domestic exports rose 6.8% in December
The climb is mostly attributed to non-electronics sector.
COVID-19's impact on Singapore ‘intense': HSBC report
It derailed short-term growth and could hinder long-term potential output.
Retail sales down 1.9% in November 2020
Food and alcohol saw the largest drop in sales.
Singapore sees four ‘rainbow' trends emerging: Maybank
The COVID-19 pandemic has catalysed all of these trends.
Industrial production rose by 17.9% in November
This growth sets off the 0.8% YoY decline posted in October.
Economy contracted 5.8% in 2020
The manufacturing sector improved, whilst the services sector continued to falter.
Non-oil domestic exports dropped 4.9% YoY in November
Electronic NODX decreased by 3.8% YoY, whilst non-electronic NODX declined by 5.2% YoY.
Singapore to invest $25b for research and innovation ‘til 2025
The government outlined plans to expand funding to ‘key’ sectors to meet future challenges.
Over 40 companies joined SBF's IHCI Enabler Programme
Twelve industry sectors were covered in the eight-week training programme.
Singapore, UK sign free trade agreement
They have agreed to begin negotiations on a digital economy agreement next year.
Asian Export Awards 2020 commends leading exporters in the region
The awards were handled via digital presentations.
Singapore to host WEF Special Annual Meeting 2021
The annual meeting will return to Davos-Klosters, Switzerland in 2022.
More tech innovations, collboration needed to drive recovery: DPM Heng
In his remarks to SFF x SWITCH attendees, DPM Heng also called for more financial inclusivity and sustainability.
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