Singapore’s Ministry of Trade and Industry (MTI) has narrowed the country’s GDP growth forecast for 2020, from –4 to –7 per cent, to –5 to –7 per cent.
Tag: Economy
FICCI calls for foreign air travel, opening of tourism sector in Unlock 3.0
The Federation of Indian Chambers of Commerce and Industry (FICCI) has suggested the Indian government allow international flight services with adherence to all safety precautions and reopen tourist destinations, multiplexes and cinemas and metro rail services, and in its Unlock 3.0 roadmap.
Indians abroad can play big role in making nation self-reliant, says Defense MoS Shripad Naik
Addressing a virtual seminar on ‘Atmanirbhar Bharat’ organised by the Jaipur Foot USA, Indian Minister of State for Defence Shripad Yesso Naik said the Indian diaspora around the world can play a crucial role in making India self-reliant.
Relationship with India is only getting stronger, says US Secretary of State
United States Secretary of State Mike Pompeo reiterated the Trump Administration’s message to ally with India, stating that New Delhi is an important partner and a key pillar of President Donald Trump’s foreign policy.
Singapore launches 7 innovation challenges to overcome COVID-19 impact
Singapore has launched a series of seven National Innovation Challenges (NICs) to accelerate innovation efforts and help enterprises develop solutions to overcome challenges in the post-COVID world.
Long term economic recovery from COVID-19 will be weak and gradual: MAS Ravi Menon
While a strong short-term growth bounce from the impact of the VODI-19 pandemic is plausible, the longer term recovery is likely to be weak and gradual, said Ravi Menon, Managing Director, MAS.
Specify ‘country of origin’ of products, Amazon India tells sellers
Amazon India yesterday announced that it will introduce “country of origin” as a mandatory attribute in its category listings.
“Challenging” road to economic recovery lies ahead, says trade minister Chan Chun Sing
Singapore is expected to have a “slow and uneven journey” towards economic recovery, said trade minister Chan Chun Sing.
Singapore’s GDP contracted 12.6% in 2020Q2
Singapore’s economy contracted by 12.6 per cent on a year-on-year basis in the second quarter of 2020, based on advance estimates, said Ministry of Trade and Industry (MTI).
Google’s Sundar Pichai announces USD 10 bn investment in India’s digital economy sector
Google and Alphabet’s Indian-origin CEO Sundar Pichai at the company’s sixth edition of Google for India event announced a ‘Google for India Digitisation Fund’.
