• Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
Monday, July 7, 2025
25 °c
Agartala
enewstime
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    Shubman Shines, Akash Roars against England: India Breach Edgbaston Fortress

    Shubman Shines, Akash Roars against England: India Breach Edgbaston Fortress

    2nd Test: Start of day five play delayed due to heavy rain at Edgbaston

    2nd Test: Start of day five play delayed due to heavy rain at Edgbaston

    Deepika’s brilliant field goal against the Netherlands nominated for Poligras Magic Skill Award

    Deepika’s brilliant field goal against the Netherlands nominated for Poligras Magic Skill Award

    Vaibhav Suryavanshi sets sights on double century after record youth ODI ton

    Vaibhav Suryavanshi sets sights on double century after record youth ODI ton

    PM Modi arrives in Rio de Janeiro for BRICS Summit; city’s football spirit shines through

    PM Modi arrives in Rio de Janeiro for BRICS Summit; city’s football spirit shines through

    2nd Test: Had to check with Harry Brook if I was facing a hat-trick ball, reveals Jamie Smith

    2nd Test: Had to check with Harry Brook if I was facing a hat-trick ball, reveals Jamie Smith

    'Sindhu's place in history is already secured': Gill Clark leads wishes as star shuttler turns 30

    'Sindhu's place in history is already secured': Gill Clark leads wishes as star shuttler turns 30

    13 pc success rate: Indian national Football team head coach Marquez relieved

    13 pc success rate: Indian national Football team head coach Marquez relieved (Updated)

    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    Shubman Shines, Akash Roars against England: India Breach Edgbaston Fortress

    Shubman Shines, Akash Roars against England: India Breach Edgbaston Fortress

    2nd Test: Start of day five play delayed due to heavy rain at Edgbaston

    2nd Test: Start of day five play delayed due to heavy rain at Edgbaston

    Deepika’s brilliant field goal against the Netherlands nominated for Poligras Magic Skill Award

    Deepika’s brilliant field goal against the Netherlands nominated for Poligras Magic Skill Award

    Vaibhav Suryavanshi sets sights on double century after record youth ODI ton

    Vaibhav Suryavanshi sets sights on double century after record youth ODI ton

    PM Modi arrives in Rio de Janeiro for BRICS Summit; city’s football spirit shines through

    PM Modi arrives in Rio de Janeiro for BRICS Summit; city’s football spirit shines through

    2nd Test: Had to check with Harry Brook if I was facing a hat-trick ball, reveals Jamie Smith

    2nd Test: Had to check with Harry Brook if I was facing a hat-trick ball, reveals Jamie Smith

    'Sindhu's place in history is already secured': Gill Clark leads wishes as star shuttler turns 30

    'Sindhu's place in history is already secured': Gill Clark leads wishes as star shuttler turns 30

    13 pc success rate: Indian national Football team head coach Marquez relieved

    13 pc success rate: Indian national Football team head coach Marquez relieved (Updated)

    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
No Result
View All Result
enewstime
  • Home
  • News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders
Home International

Singapore to tackle impact of US tariffs on businesses, workers

IANS by IANS
April 9, 2025
in International
Singapore to tackle impact of US tariffs on businesses, workers
34
VIEWS
Share on FacebookShare on Twitter

Singapore, April 8 (IANS) Singapore will establish a task force to help businesses and workers navigate uncertainties created by recent sweeping US tariffs, Prime Minister Lawrence Wong announced on Tuesday.

The task force will involve economic government agencies, the Singapore Business Federation, the Singapore National Employers Federation, and the National Trades Union Congress, Wong said during a parliamentary session.

Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, who will chair the task force, said that a key priority would be communication and information sharing. The task force will engage with the private sector to collect on-the-ground data, understand challenges faced by businesses, and explore ways to support them.

Union representatives will also be part of the task force, given the expected impact on jobs, Xinhua news agency reported. A major restructuring of the economy is anticipated, which will likely lead to long-term workforce adjustments, Gan said.

The government is also reaching out to trading partners to exchange information and assessments, aiming to collaborate on sustaining business relations and providing ongoing opportunities for enterprises.

Wong noted that weaker global growth is expected in the near term, which will likely reduce external demand for Singapore’s goods and services. The outward-facing sectors, such as manufacturing, especially electronics and semiconductors, along with biomedical sciences, which have high export exposure to the United States, will bear the brunt of the impact. Some service industries, including finance and insurance, will also face challenges due to global uncertainty and dampened sentiments.

“Singapore may or may not go into recession this year, but I have no doubt that our growth will be significantly impacted,” Wong said, adding that slower growth would lead to fewer job opportunities and smaller wage increases for workers. He also warned of potential higher retrenchments and job losses if more companies face difficulties or relocate operations back to the United States.

–IANS

int/as

*Except for the headings & sub-headings, this story has not been edited by The enewstime.in and has been published from IANS feed.

Related Posts

PM Modi mourns loss of life in Texas flooding. At Least 49 Dead, 27 Children Missing in Catestropic Texas flood
International

PM Modi mourns loss of life in Texas flooding

July 6, 2025
Hope for Gaza Peace? Hamas Signals Flexibility with ‘Positive’ Response to Ceasefire Proposal
International

Hope for Gaza Peace? Hamas Signals Flexibility with ‘Positive’ Response to Ceasefire Proposal

July 5, 2025
India-US Talks Over Agri Trade End Without Consensus
International

India-US Talks Over Agri Trade End Without Consensus

July 5, 2025
Kyiv Under Fire: Over 330 Shahed Drones Used in Cynical Russian Attack, Ukraine President Claims
International

Kyiv Under Fire: Over 330 Shahed Drones Used in Cynical Russian Attack, Ukraine President Claims

July 4, 2025
Democracy at Risk? Bangladesh Face Backlash Over Press Freedom Violations
International

Democracy at Risk? Bangladesh Face Backlash Over Press Freedom Violations

July 4, 2025
US real threat to global cybersecurity: North Korea
International

US real threat to global cybersecurity: North Korea

July 4, 2025
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
D-2050 D-2050 D-2050
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

About us

Enewstime.in is run by an individual – a Journalist by profession of Tripura with the active help of several journos including senior journalists of the State. On top of that, Enewstime.in being a subscriber of IANS news agency, we have plenty of multi-choice topics to offer to our esteemed readers. Enewstime.in is a venture reach global audience from a tiny State Tripura.

Latest News

Tallest statue in Assam Honouring Dr SP Mukherjee unveiled

Covid-19 in Manipur: Daily positivity rate drops to 13.3 pc

Shubman Shines, Akash Roars against England: India Breach Edgbaston Fortress

TUKS Flags Pension Delay, Education Crisis, and Development Stalemate in TTAADC

Restoring peace in Manipur: Weapons Seized, Talks Held, But Political Rift Persists

TN BJP demands urgent action at govt hospital to address ‘gross negligence’

Contact us

19, Old Thana Road. Banamalipur. PO. Agartala. Pin code 799001. Tripura (West), India.

Email: enewstime2017@gmail.com

Wa: 8794548041

  • Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use

© 2025 Designed & Developed with ❤️ by Provibe Media LLP

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders

© 2025 Designed & Developed with ❤️ by Provibe Media LLP