Economy

SSIA reaffirms commitment for global industry collaboration

This will boost the country’s semiconductor supply chains.

Non-oil domestic exports drop 20.1% YoY in August

Drop in electronics and non-electronic exports drove the overall decline.

SG drops to fourth place in finances in retirement sub-index

The city-state has been at top of the ranking since 2019.

6 in 10 firms plan to increase wages in the next 12 months

There are more large companies that want to increase wages compared to SMEs.

New WMI programme seeks to protect family offices vs financial crime

It will also impose compliance requirements and standards for taxes.

Employment growth moderates in 2Q23

The contraction in residential employment drove the slowdown.

AWAK raises $27.1m Series B funding

This is the year’s most substantial MedTech fundraising event in the region.

Temasek Holdings, 2 SG universities to invest $75m for deep tech ventures

The three organisations inked a deal to speed up the commercialisation of deep tech ventures.

Local artisans initiative reaches over 150 homegrown brands

The third phase targets to expand their reach internationally.

PM Lee Hsien Loong yearns for G20 nations to improve WTO, MDBs

Updating will keep up with the digital transformation and modern economy.

Singapore could be affected by increasing rice prices

The El Nino and India’s non-basmati rice ban contributed to the price increase.