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The COVID-19 pandemic has severely disrupted global economic activity, and led to both demand- and supply-side shocks to the Singapore economy. Given the fast-evolving situation, it is important for policymakers to leverage high-frequency and realtime economic indicators to monitor the effects of COVID-19 on the Singapore economy.
- Ministry of Trade & Industry
MTI oversees the promotion of economic growth and creation...
- Ministry of Trade & Industry
Overall, the impact of the COVID-19 pandemic on the Singapore economy is expected to be significant. The next section details the impact of COVID-19 on the different sectors of the Singapore economy, as well as some of the high-frequency, real-time indicators used to monitor the effects of COVID-19 at the overall economy and sectoral levels. 2.
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MTI oversees the promotion of economic growth and creation of good jobs, to enable Singaporeans to improve their lives. Together with our Statutory Boards, we work to ensure that Singapore’s economy remains competitive to attract investments, and nurture a deeper base of global Singapore enterprises.
5 days ago · The GoBusiness COVID Portal was jointly developed by GovTech and the Ministry of Trade and Industry (MTI) to support businesses during the COVID-19 pandemic. It allows businesses to apply for exemptions and permissions while providing them with information on the latest COVID-19 related regulations and safe management requirements ...
ADVISORY ON COVID-19 (CORONAVIRUS DISEASE 2019) FOR BUSINESSES 1. The Government is taking further precautionary measures to reduce the risk of importation of COVID-19 into Singapore. We advise all businesses to take note of these additional measures which are in the latest advisories published by the Ministry
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The Government has introduced four Budgets this year to fight COVID-19, with a total commitment of $93 billion in economic and social support and public health management measures. The Budget measures are expected to cushion the fall in employment and economic output arising from COVID-19.
The Ministry of Trade and Industry (MTI) today announced that it would maintain Singapore’s GDP growth forecast for 2021 at “4.0 to 6.0 per cent”, in view of the heightened uncertainties in the economic environment, characterised by both upside and downside risks, especially arising from the COVID-19 pandemic (see section on Economic ...
