Govt ready to take action amid downturn if necessary: Heng
DPM says there are plans for different scenarios and a range of measures depending on the state of the economy
Singapore
THE government is watching closely how the economy will pan out by the end of the year, and stands ready to take action when needed, said Deputy Prime Minister Heng Swee Keat on Friday.
He was responding to statistics released by the Economic Development Board on Thursday, which showed that Singapore's manufacturing output fell 8 per cent year-on-year in August on the back of sharp falls in electronics and precision engineering output.
In an hour-long radio int…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)
Daily Debrief: What Happened Today (Apr 24)
Daily Debrief: What Happened Today (Apr 22)