The Business Times
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Low Youjin

Low Youjin

CORRESPONDENT

Low Youjin is a correspondent at The Business Times where he covers Singapore macroeconomics, labour, and manpower policies.

emailyjlow@sph.com.sg
Electronics NODX surges 105.1% in June, up from 94.8% growth in May, which Enterprise Singapore attributed to robust global AI-related demand.

AI-fuelled electronics to keep Singapore exports resilient, but growth becoming increasingly concentrated

Singapore’s June NODX expansion misses the 28.7% growth forecast by private-sector economists in a Bloomberg poll.

Singapore’s key exports rise 20.7% in June, missing forecasts despite AI-led electronics boom

GovTech was established in October 2016 and has since developed widely used digital services such as Singpass.

GovTech retrenches 93 staff in first phase of agency’s 2-year workforce transformation 

The programme has an initial panel of three solution providers – OpenMinds, PayBoy and VisionTech. 

F&B businesses to get funding, advisory support under new AI programme 

Many startups rely on share-based remuneration to attract skilled employees, and a tax framework review would “ensure Singapore remains a competitive location for talent”, says the ESR committee.

ESR review of startup share scheme taxes should address employee liquidity challenge: observers 

On a seasonally adjusted, month-on-month basis, retail sales declined 2.3% in May.

Singapore retail sales up 3% in May, missing forecasts

Minister for National Development Chee Hong Tat said that “no country has all the answers, nor the capacity and resources to act alone”.

Singapore, China should deepen cooperation in green transition, AI and ageing: Chee Hong Tat

Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.
THINKING ALOUD

What makes a good job? Feeling that you matter

MDDI says digital infrastructure services, which include data centres and cloud services, underpin Singapore’s growing digital economy.

Singapore seeks feedback on Bill to regulate major data centres, cloud service providers 

Excluding the volatile biomedical manufacturing cluster, output grew 17.7% year on year in May. This was down from April’s revised expansion of 20.2%.

Singapore factory output growth eases to 13% in May; electronics to remain key driver

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