Civil servants to get 0.3-month mid-year bonus
SINGAPORE – Singapore’s 85,000 civil servants will receive a 0.3-month mid-year bonus, while those in more junior grades will receive an additional one-off [...]
Home »
South Korea April factory output unexpectedly declines from March
SEOUL (REUTERS) – South Korea’s factory output in April unexpectedly declined from March but logged the fastest expansion in almost three years on [...]
Biden to propose US$6 trillion budget to make US more competitive
WASHINGTON (NYTIMES) – President Joe Biden will propose a US$6 trillion (S$7.9 trillion) budget Friday that would take the United States to its [...]
India said to be planning stimulus package to support economic growth
NEW DELHI (BLOOMBERG) – India is preparing a stimulus package for sectors worst-affected by a coronavirus wave, aiming to support an economy struggling [...]
Hong Kong ends longest recession in decades with 7.8% growth in Q1
HONG KONG (AFP) – Hong Kong’s economy jumped back into growth in the first quarter of the year, official figures showed on Monday [...]
UK economy grew in February as firms prepared for Covid-19 lockdown easing
LONDON (REUTERS) – Britain’s economy grew by 0.4 per cent in February from January as companies got ready for the lifting of a [...]
Another surge in Covid-19 infections in India puts paid to hopes for rapid growth
NEW DELHI – Until the second wave of coronavirus infections, the International Monetary Fund had predicted that India’s gross domestic product (GDP) would [...]
IMF boosts global growth forecast, warns of diverging rebound
WASHINGTON (BLOOMBERG) – The International Monetary Fund upgraded its global economic growth forecast for the second time in three months, while warning about [...]
Majority of S'pore residents feel environment should be prioritised over economic growth, jobs: IPS survey
SINGAPORE – A majority of Singapore residents feel that protecting the environment should be prioritised even if this results in slower economic growth [...]
Myanmar military takeover threatens country's development: World Bank
WASHINGTON (REUTERS) – The World Bank on Monday (Feb 1) said it was gravely concerned about the current situation in Myanmar and a [...]