Economy
Economic optimism stronger among affluent Singaporeans
Seven in 10 of the affluent segment is more optimistic about local economic growth.
Local executives eye 2024 elections more impactful than previous years
New research by G-P has found that Singapore executives are keeping an eye on the results of global elections. Despite 45% of Singaporean executives...
Telecoms and computers lead 1.7% growth in foreign wholesale sales for Q2
The sector recorded a 14.1% QoQ uptick.
Domestic wholesale sales rise 1.9% in Q2, driven by metals sector
The metals sector reported a 26.7% QoQ increase.
Industry players back PM Wong's promise to streamline processes
He focused on three areas.
Singapore logistics investments: stable
Singapore remains stable amid global industrial and logistics transactional activity despite H1 investments across APAC down 11% year-on-year.
Future Economy Advisory Panel kicks off first meeting
Senior executives from DBS, Grab, and Microsoft Asia are part of the panel.
Non-oil domestic exports grow 15.7% in July after June decline
Growth in electronics and non-electronics drove the increase.
Manufacturing and trade sectors set to drive economic growth in 2H24
Experts predict a boost for manufacturing from global tech recovery.
Economy grew 3% in H1
GDP growth was slightly slower in Q2 as the manufacturing sector shrunk.
President Tharman to co-chair World Bank’ high-level advisory council on jobs
He will lead the council alongside former Chilean President Michelle Bachelet.
NODX falls 6.4% YoY in Q2 as non-electronics decline
Non-electronic NODX declined 9.2% YoY.
Weaker H2 recovery prompts Singapore to cut NODX growth forecast
The forecast was narrowed to +4.0% to +5.0%
Johor Bahru-Singapore RTS link sparks concerns over retail value leakage
The RTS Link threatens Singapore's retail market.
Singapore and Ghana enhance trade and carbon credit cooperation
MTI vowed to expedite the Singapore-Ghana Implementation Agreement.
PM Wong’s National Day pledge says gov’t will “redouble efforts” to stabilise cost of living
The government will combat inflation through support measures such as CDC vouchers and cash payouts.
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