Sales Up in Singapore for the Second Consecutive Month March retail sales in Singapore rose 6.2% for the second consecutive month as the country continues its economic rebound. After a 24-month slide, this growth was welcomed news indeed. The numbers are a boost from last year comparatively when COVID-19 social distancing measures and border restrictions…
Expansion Picked Up From 0.1 to 50.9 From March This Year Singapore manufacturing activity had an overall expansion in April. This is the fastest the sector has expanded since December 2018, thanks to an increase in employment, new exports, and new orders. Imports, order backlog, and input prices were other areas that experienced an expansion.…
Cash Grant Granted to Support Recovery and Growth Amid the Pandemic $8,000 cash grant has been granted to more than 100 small and medium enterprises (SMEs) to help them cope with the recovery and growth amid the pandemic. The grants were given to help cover the cost of operations, rent and maintain the employee payroll.…
Covid-19 Did Not Hamper the Entrepreneurial Spirit Despite the rough patch faced by many businesses during the Covid-19 pandemic, Singapore start-ups still managed to bring in $5.5 billion in funding in 2020. Although this sum is lower than what has been garnered in recent years, the Ministry of Trade and Industry highlighted that 2020’s figure…
Public Holidays in Singapore for 2021 The Ministry of Manpower Singapore has released the dates of the upcoming 2021 public holidays happening in Singapore. These dates may be modified if official changes are announced. Upcoming Singapore Public Holiday in 2021 The Next Public Holiday 2021 in Singapore will be Hari Raya Haji Celebration…
Singapore Secures 11th Spot Among the Best Cities in The World Singapore clinches the 11th spot in the annual world’s best cities ranking in 2020. It moved up two spots from its 13th position back in 2019. Singapore was ranked based on innovation, economic dynamism, transport, and environmental policies in the Schroders Global Cities Index.…