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).
Tag: Economy
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’.
India set to play leading role in post-COVID revival: PM Modi
Indian Prime Minister Narendra Modi encouraged global companies to invest in India and reiterated his call for a “self-sustaining and self-generating” economy in his opening address at India Global Week 2020.
UKIBC appoints Indian-origin Jayant Krishna as new CEO
The UK India Business Council has announced that Jayant Krishna has accepted the invitation of the Board to become its new Group Chief Executive Officer. He will take charge from August 3.
Singapore economy expected to shrink 5.8% in 2020: MAS survey
GDP growth is expected to recover to 4.8 per cent in 2021.
US looking into new supply chains with India, other nations excluding China
As part of the fallout from the ongoing COVID-19 pandemic, the Trump administration is “turbocharging” an initiative to remove global industrial supply chains from China, according to sources in Washington DC.
Singapore to enter recession this year: MAS
The Singapore economy had contracted by 2.2 per cent year-on-year in Q1 2020.
Singapore introduces guidelines on how to manage excess manpower in view of COVID-19
Together with the National Trades Union Congress (NTUC), and the Singapore National Employers Federation (SNEF), Ministry of Manpower (MOM) has updated its advisory on how to manage excess manpower for employers.
Singapore is home to one of the most accomplished Indian diaspora in the world: HCI Singapore Jawed Ashraf
An exclusive interview with Indian High Commissioner to Singapore, Jawed Ashraf. ‘One of the best and most accomplished Indian diaspora in the world; says Jawed Ashraf
Indian GDP growth forecast for 2020 down to 5.1%, says OECD amid global COVID-19 concerns
The Organisation for Economic Cooperation and Development (OECD) has lowered India’s Gross Domestic Product (GDP) growth forecast to 5.1 per cent from its earlier projection of 6.2 per cent for 2020 following concerns over the impact of the COVID-19 outbreak on the domestic as well as the global e
