LONDON (REUTERS) – Britain’s economy grew by 0.4 per cent in February from January as companies got ready for the lifting of a third coronavirus lockdown, official data showed on
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Record unemployment, massive bailouts, new businesses: On the economic front, the pandemic is shifting the landscape
Sabrina Roy felt the economic sting of the COVID-19 pandemic earlier than most. She worked in housekeeping at the Colorado Convention Center, one of many venues hit with cascading cancellations
Singapore SME business sentiment highest since pandemic began, with more hiring expected: Survey
SINGAPORE – Business sentiment among small and medium-sized enterprises (SMEs) is at its highest since the Covid-19 pandemic began, with firms looking beyond survival to seize new opportunities, according to
China asked banks to rein in credit on bubble fears, FT reports
BEIJING (BLOOMBERG) – China’s central bank asked lenders to rein in credit supply on concern the surge in loans is fueling asset bubbles, the Financial Times reported. The People’s Bank
Singapore factory activity growth quickens in March; Suez Canal blockage mars outlook
SINGAPORE – Overall manufacturing activity in Singapore expanded in March at the fastest pace in two years even as the electronics sector grew at a slower rate. However, some industry
SP Group building South-east Asia's first large-scale underground substation
SINGAPORE (THE BUSINESS TIMES) – SP Group is constructing South-east Asia’s first large-scale underground substation, a move that will free up 3ha of prime land, about the size of four
Singapore firms' payment performance improves slightly in Q1
SINGAPORE (THE BUSINESS TIMES) – The payment performance of local firms improved in the first quarter of 2021, albeit marginally, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday (April
Malaysia lowers 2021 growth forecast as pandemic delays recovery
KUALA LUMPUR (BLOOMBERG) – Malaysia’s central bank expects the economy to grow at a slower pace than initially forecast this year, and pledged to keep monetary policy accommodative as the
Suez Canal jam may further strain Singapore manufacturers amid shipping container shortage
SINGAPORE – The shortage of shipping containers, which has hit Singapore manufacturers in recent months, may be exacerbated by the jam at the Suez Canal. Shipping container costs have already
Temasek sees impact investing at tipping point
SINGAPORE (REUTERS) – Singapore’s investment company Temasek believes that impact investing has reached an inflection point, with the coronavirus pandemic highlighting deep social imbalances that have intensified the need for