Economy

SG, Malaysia ink MoU on special economic zone

The countries will also work on seven more initiatives related to the economic zone.

KPMG and SBF outlines Budget 2024 wish list

Their first recommendation is to strengthen Singapore’s regional competitiveness.

Singapore seeks to mitigate rising sea levels, hotter temperatures

Amongst climate mitigation plans include reclaiming around 800 hectares of land.

Gov‘t rolls out 2024 CDC vouchers

This marks the fourth tranche of the CDC vouchers.

Focus sought for green transition, food security, workers’ needs in 2024 budget

A one-stop platform has been laid out to help accelerate companies’ sustainability goals.

Singapore’s economic upswing unlikely to last: experts

In 2023, experts predict a GDP growth of 0.7% for Singapore.

Non-oil domestic exports rise 1.0% YoY in November

Enterprise Singapore attributed the increase to a low base a year ago.

Diving deep into APAC’s leading wealth hub: Singapore

Ultra rich families are driving the luxury residential market.

Retrenchments rise to 4,110 in 3Q23

The Ministry of Manpower attributed the majority of the increase to the Wholesale Trade sector. 

ADB lowers 2023 inflation forecast for Singapore to 4.9%

From January to September, Singapore’s inflation rate rose by 5.1% on average.

Economists cut 2024 growth forecast for Singapore

They expect GDP to expand by 2.3% in 2024, down from the previous estimate of 2.5%. 

Singapore ranks 11th in Top 100 City Destinations for 2023

It is the top city destination in Southeast Asia.

Singapore, Papua New Guinea ink deal for carbon credits collaboration

The deal comes following the memorandum of understanding signed at the COP27. 

SG, China strengthens free-trade agreement

China vowed not to impose foreign equity limits for Singapore investors in 22 sectors.