IN HIS New Year message delivered on Dec 31, 2019, Prime Minister Lee Hsien Loong stressed the importance of Singapore remaining an open economy in today's volatile world. He signalled that the...

A SURVEY of 615 SMEs conducted by United Overseas Bank found that half of the respondents indicated implementing productivity measures as a top priority. Reducing costs, as well as seeking new...

[WASHINGTON] US worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labour costs was not as robust as initially thought...

EMPLOYERS here expect staff costs to climb with the higher retirement age, as well as Central Provident Fund (CPF) contribution changes.

BEATING the rest of the services sector, the accommodation and food services industry here notched productivity gains of 2 per cent last year.

[SEOUL] South Korea's slowing population growth and stalled productivity could reduce its annual average economic growth to 1.7 per cent during the next decade from 3.0 per cent seen so far this...

COMMENTARY

THE services sector remains the bulk of global gross domestic product (GDP), and in the last 20 years, also represents an increasing share of Asean GDP. As a services-oriented economy, Singapore...

[TOKYO] Former Bank of Japan Deputy Governor Hiroshi Nakaso said on Tuesday that increased work force participation and an improvement in labour productivity were among key factors keeping Japan...

[SEOUL] South Korea is in danger of falling into a lost economic era like Japan as the nation lacks new growth drivers and is struggling to break out of a prolonged period of slow expansion,...

[WASHINGTON] US worker productivity rose at its fastest pace in more than three years in the second quarter, as previously reported, but the trend in productivity growth remained moderate.