Economy
950,000 HDB households to get GST Voucher - U-Save rebates
950,000 HDB households to get GST Voucher - U-Save rebates
This is part of the $900m Household Support Package for Budget 2021.
GDP up 5.9% YoY in Q4
Overall, GDP increased 7.2% in 2021.
NODX further expands with 24.2% YoY growth in November
Non-electronic products drove the increase for November.
Singapore up two ranks to become 12th most expensive location globally
The majority of the locations on the list are Asian cities.
Singapore and Republic of Korea to finalize digital economy agreement
The agreement will be Singapore’s fourth DEA and the first with an Asia country.
Singapore’s affluent population to grow 3.4% to 1.32 million in 2022
This will be driven by the recovery in equities and mutual funds.
SG to see above 5-year average GDP growth in 2022
The 2022 GDP growth will be driven by strong demand for exports.
Finance Minister Wong bares government’s plans to achieve green economy
Singapore is already reviewing the carbon tax to update the 2022 budget, Wong claims.
Singapore finalises digital economy agreement with the UK
This makes the UK the third country to have a DEA with Singapore.
Second Minister Tan co-chairs inaugural KSA-SG ministerial meeting
The meeting reaffirmed the growing ties between Singapore and Saudi Arabia.
GDP growth to moderate to 3.8% in 2022
In 2021, GDP growth hit 7.1%.
Multiplier offers global solution to expedite hiring ahead of the imminent talent crunch
Legal, accessibility, and payroll issues are some of the obstacles that the startup addresses.
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
SG ranks 30th in Social Progress Index
Its performance improved in two categories.
Core inflation to rise to 1.8% in 2022
The expected increase will be driven by three factors.
EU, Singapore strengthen digital trade partnership
The two also discussed post-pandemic recovery.
Business optimism index rises to 5.91 percentage points in Q12022
The moderate increase was driven by expansions in five out of six indicators.
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