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Keyword : Economics & Business

  • Budget 2018 responds to SME issues about expanding overseas, but will they work?

    By: admintest admintest | Feb 28, 2018 | Hits: 2081

    The Government’s observation in Budget 2018 of a “shift in global economic weight towards Asia” is timely. Singaporean companies have been shown to be able to perform well overseas. In 2016, a survey conducted by IE Singapore found that for small- and medium-sized enterprises that had ventured abroad, overseas revenue growth was significantly stronger than total revenue…..

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  • Transforming labour for the future economy

    By: admintest admintest | Feb 14, 2018 | Hits: 1737

    One of Singapore’s strengths has always been the quality of its manpower. At the same time, it is among one of the fastest ageing societies in the world. Research by the Institute of Policy Studies predicts that by 2060, the ageing population will create a drag of 1.5 per cent on Singapore’s GDP per capita…..

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  • Time to review government assistance to SMEs

    By: admintest admintest | Feb 14, 2018 | Hits: 1339

    There are two main schools of thought on the role of the Government in supporting our small- and medium-sized enterprises (SMEs). Some believe that the Government has done too much for our SMEs, has cultivated a sense of entitlement and dependency, and should take a step back and allow competition to separate the wheat from the chaff……

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  • Does Singapore Still Need a National Airline?

    By: admintest admintest | Jul 03, 2017 | Hits: 1346

    For the first quarter of 2017, the Singapore Airlines (SIA) Group reported a loss of S$138.3 million. This performance stands in stark contrast to its performance in the financial year from 2015 to 2016, where the SIA Group reported a net profit of S$804 million, and the same quarter in 2016 where the SIA Group reported a…..

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  • Is Singapore’s Hub Status at Risk?

    By: admintest admintest | Jun 16, 2017 | Hits: 3390

    Hardly a day passes these days without some news item that breathlessly reports yet another threat to Singapore’s regional hub position. There is much concern about China’s mega projects under its Belt and Road Initiative (BRI), which some say will create rivals to Singapore. There is also talk about our neighbours’ ambitions to displace Singapore…..

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  • Improving the Role of Private Education Institutions

    By: admintest admintest | Jun 14, 2017 | Hits: 1942

    With the government’s emphasis on lifelong learning and professional conversion programmes, is our private education industry the weak link in this effort, or is it ready to play a key role in shaping our workforce and the transformation of the Singapore economy? The outlook for private education institutions (PEIs) is mixed and uncertain for some……

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  • Say Yes to Renewing the Singapore F1 Grand Prix

    By: admintest admintest | May 08, 2017 | Hits: 2068

    In a few months’ time, the Singapore F1 night race will be upon us and the Government has to decide whether it wishes to extend the current contract for another five years. The Singapore Grand Prix (GP) has always had its naysayers, who question its financial pay-offs and point to negative externalities for the general…..

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  • Predictability Needed as Anchor With Outlook Dicey

    By: admintest admintest | Oct 24, 2016 | Hits: 1865

    With the economy decelerating markedly in the third quarter to grow by just 0.6 per cent over the year, Singapore is experiencing its slowest growth since the height of the global financial crisis in 2009. All the main engines of growth seem to have stalled: it was not just manufacturing that contracted, but the much-vaunted…..

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