Economy
Singapore and Vietnam to launch initiatives to boost trade and investment ties
Singapore and Vietnam to launch initiatives to boost trade and investment ties
Energy, carbon credits, and boosting talent are amongst their priorities.
Economists optimistic about NODX rebound despite August contraction
NODX fell 4.7% MoM in August.
S Pass and EP holders decline in Q2
Tougher policies attributed to decline.
Non-oil domestic exports up 10.7% in August
The expansion, however, was slower than July's growth.
Singapore ranks as 2nd top global hub for cross-border capital
Also in the top 10 from the Asia Pacific region are Hong Kong, Japan, and China.
Singapore amongst world’s safest countries with “very low” disaster, conflict risks: report
Singapore ranked 186 out of 193 countries.
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
The news comes as bad debts jumped nearly 20% in Q1.
Over $2.28b in gov't aid disbursed to SG businesses in 2023
IRAS also gave out $2.28b in government schemes to over 131,000 businesses.
President’s Challenge shifts to longer-term funding model
It will also extend its support to the arts and sports.
Singapore named WMO Southeast Asia haze control centre host
Singapore has also housed the ASEAN Specialised Meteorological Centre since 1993.
Tax revenue rises 17% to $80.3b in FY23/24
Corporate income tax led the collection with a 36.1% share.
SG and Malaysia advance talks on Johor-Singapore SEZ agreement
Discussions between the two countries took place from 28 to 30 August in Johor.
Singapore simplifies REIT leverage rules for growth flexibility
New leverage requirements align Singapore REITs with APAC markets.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
Economists mixed on MAS's next move amid stable July inflation
Inflation was unchanged at 2.5% YoY.
SaladStop! and SG fintechs amongst “to-watch” startups in APAC
SpaceTech and healthcare startups are amongst those who made the list.
Headline inflation unchanged as transport costs offset easing in accommodation
Private transport inflation rose to 0.9% YoY.
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