Vietnamplus

Singapore is witnessing a jump in deposits in local banks, which reflects investors' risk aversion and inflows from other markets, including Hong Kong (China), said Bloomberg Intelligence.

Singapore and Malaysia have agreed to defer the Kuala Lumpur-Singapore High-Speed Rail (HSR) project again until the end of the year.

Singapore plans to build more 11 dormitories for 60,000 migrant workers by the end of this year.

Singapore and Indonesia reported hundreds of new COVID-19 infections while Thailand confirmed four new imported cases on May 31.

More than 340 Vietnamese citizens in Singapore arrived at Can Tho International Airport on a repatriation flight on May 31.

Singapore and China have agreed to launch a “fast-lane” arrangement in early June to facilitate essential travel for business and official purposes, Singapore's Ministry of Foreign Affairs (MFA) said in a statement on May 29.

Vietnamese agricultural, fishery and food businesses were updated on the Singaporean market at an online conference held by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in Singapore on May 29.

Deputy Prime Minister and Finance Minister of Singapore Heng Swee Keat on May 26 announced another 33 billion SGD (23.2 billion USD) supplementary budget, aimed primarily at helping workers and businesses to tide over the COVID-19 crisis and the bleak economic outlook ahead.

Singapore slashed its 2020 gross domestic product forecast for the third time, the Ministry of Trade and Industry said on May 26, as the economy prepares for its deepest ever recession.

A yellow robot dog called Spot which found fame online for dancing to hit song "Uptown Funk" has been deployed to patrol a Singapore park to supervise people’s observance of social distancing rules.

Singapore will gradually allow travellers to transit through its Changi Airport from June 2, as the country is preparing to ease some COVID-19 restrictions and reopen its borders, announced the Civil Aviation Authority of Singapore (CAAS) on May 20.

Singapore’s Finance Minister Heng Swee Keat and his Malaysian counterpart Tengku Zafrul Aziz on May 19 discussed economic recovery measures via a video conference as COVID-19 restrictions are gradually eased.

Vietnam is now reaping strategic gains from its nimble response to the COVID-19 pandemic, Tan Hui Yee, Indochina Bureau Chief in Bangkok, wrote in an article published in The Strait Times on May 18.

Enterprises in Singapore recorded their worst performance in the first quarter of 2020 since the global financial crisis of 2008 as the COVID-19 pandemic pushed the economy to stagnation, a recent business climate survey showed.