economic recession

Ggiven uncertainty over how the health and economic crisis will pan out, Chan Chun Sing, Minister for Trade and Industry, says it is “very likely” for the republic’s economic growth to see a steeper fall.

From Singapore's core inflation to Q&M Dental Group's latest move to manufacture, sell and distribute Covid-19 test kits and vaccines, here's what went on in the financial markets this week.

"Winter is here" - A Bloomberg model indicates 100% chance of recession in the coming year.

Looking ahead, unless the coronavirus is eradicated globally, it could always return, or even become a seasonal disruption.

“This time will be worse than the global recession of 2001,” says chief economist Chetan Ahya, "he underlying damage from both Covid-19’s impact and tighter financial conditions will deliver a material shock to the global economy," he adds.

SINGAPORE (13 Dec): Singapore’s economy is likely to have dodged a recession this year, with private-sector economists expecting a full year growth of 0.7%, up from their initial 0.6% growth estimate in September. This follows the better-than-expected G

(July 29): While the escalating trade tension between the US and China will moderate Malaysia’s economic growth, it will not cause a global economic recession next year, said Bank Negara Malaysia (BNM).

SINGAPORE (May 21): Be it their general world views or personal career situations, Singapore’s millennials are becoming increasingly jaded when compared to a year ago as well as to their global peers.