Singapore to Allow Work Permit Holders to Stay Longer as Foreign Worker Rules Change
- Economy
- 03/06/2025
The US President’s Policies Threaten to Disrupt Global Trade Dynamics and Create New Business Opportunities On his second day in office, US President Donald Trump set the stage for a dramatic reshaping of the global economic landscape, with policies that promise to affect businesses and nations worldwide. Known for his bold, no-compromise approach, Trump has
READ MOREPresident Calls for Stability and Self-Reliance as Economic Challenges Loom President Xi Jinping has called for China to adopt more proactive macroeconomic policies in 2025 to ensure continued growth, as the nation faces potential new tariffs from the United States. Speaking at a Lunar New Year event in Beijing on January 20, Xi emphasised the
READ MOREThe challenge for Thailand is maintaining export momentum despite potential US trade policies. Thailand is on track to achieve a historic export milestone, with projections estimating exports will reach nearly US$300 billion by the end of 2024. While this surge highlights the country’s strong trade performance, it also comes with its own set of challenges,
READ MOREWildfires exacerbate an already strained market, leading to astronomical rental rates and rising concerns over price gouging. The housing affordability crisis in Los Angeles, already one of the most expensive cities in the United States, has worsened dramatically following devastating wildfires that have decimated entire neighbourhoods. The fires, which have killed at least 24 people
READ MOREThe nation’s port saw impressive growth in vessel arrivals, cargo handling, and alternative fuel sales. Singapore’s port achieved remarkable milestones in 2024, setting new records for both vessel arrivals and container handling. The port recorded 3.11 billion gross tonnes in ship traffic, surpassing the previous record of 3.09 billion gross tonnes in 2023. This metric,
READ MOREEconomists suggest possible easing of monetary policy as inflation slows. Core inflation in Singapore slowed more than anticipated in November, leading some economists to predict that the central bank might consider easing monetary policy in January. According to the latest data from the Department of Statistics, core inflation, which excludes accommodation and private transport, came
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