By John Burton in SingaporeSingapore on Friday joined other Asian nations in easing monetary policy as the economy slipped into recession for the first time since 2002. The economy contracted by 0.5 per cent in the third...
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By Rupert Walker | 13 October 2008 Singapore's central bank signals monetary policy easing as the country becomes the first in Asia to fall into recession. Singapore has fallen into its first recession since 2002 based on third...
By Rupert Walker | 13 October 2008 Singapore's central bank signals monetary policy easing as the country becomes the first in Asia to fall into recession. Singapore has fallen into its first recession since 2002 based on third...
SINGAPORE, Oct 10 (Reuters) - Singapore eased monetary policy on Friday for the first time since 2003 after the Southeast Asian economy sunk into its first recession in six years and as the meltdown in financial markets...
A Singapore central bank senior official reassured Singaporeans on Saturday that the city-state's financial institutions "are sound and operating normally." Speaking at the "Money Sense" seminar, Heng Swee Keat, Managing...
SINGAPORE, Oct. 11 (Xinhua) -- A Singapore central bank senior official reassured Singaporeans on Saturday that the city-state's financial institutions "are sound and operating normally." Speaking at the "Money Sense" seminar,...
SINGAPORE: Singapore may have slipped into a technical recession, but Senior Minister of State for Trade and Industry S Iswaran said the country is in a better shape compared to the Asian Financial Crisis in 1997.
Hanoi (VNA) – Singapore has become the first Asian economy to fall into a technical recession, as the statistics released by the country’s Ministry of Trade and Industry showed its economy has declined for a second straight...
Singapore's trade-sensitive economy has declined for a second straight quarter, the government said, meaning the city-state has entered a recession for the first time in six years. The Ministry of Trade and Industry also...
Economy heavily dependent on exports to developed world is one of the first in Asia to be hit by global slowdown Singapore officially slid into recession today after falling consumer demand from the US and Europe hammered its...
The ongoing global credit crisis has pushed Asian economic giant Singapore into recession for the first time in nearly six years and the country has slashed its growth forecast to 3 per cent. On Friday, Singapore's Ministry of...