Singapore economy contracts in second quarter
Singapore`s economy shrank in the second quarter of the year, official data showed Tuesday, as slowing demand from key export markets China and Europe hit manufacturing.
Jul 14, 2015, 09:16 AM ISTSingapore's foreign worker curbs could hurt competitiveness, growth: IMF
The IMF said Singapore`s plans to restructure its economy by trying to boost productivity and curb use of cheap foreign labour could eventually set the stage for a long period of sustainable growth.
Oct 18, 2014, 11:26 AM IST