Singapore economy

Singapore net inflows hit $263.18m in 3Q23

Equity and fixed-income funds reported inflows during the quarter.

SG becomes the leading wealth capital in APAC

Singapore attained an average score of 0.79.

Contribution of digital economy to SG rises to $106b in 2022

The figure translates to 17.3% of Singapore's GDP last year.

SSIA reaffirms commitment for global industry collaboration

This will boost the country’s semiconductor supply chains.

Singapore, Hong Kong reinforces ties with 7 new MOUs signed

Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.

Total trade contracts 19.2% YoY in June

This extended the 17.9% decrease in the previous month.

Total employment up for sixth straight quarter

The services sector reported over 27,000 new hires, of which over 5,000 are migrant domestic workers.

Economic growth to slow down in 2023

UOB expects full-year GDP to grow by only 0.7%.

For better or for worse? Economist unveil predictions for SG’s economy 

They expect full-year inflation to come in between 3.5% and 5.9%.

Singapore could dodge recession in 2023: report

GDP growth slowed down to 3.6% in 2022.

Experts expect economy to grow 4.8% in Q2

The full-year growth forecast was lowered to 3.8% from 4%.

Economy ‘moderately’ increases by 3.7% YoY in Q1: MTI

On a quarterly and seasonally adjusted basis, it grew by 0.7%.

F&B sales down 4.5% YoY in October to $659m

Restaurants experienced the most YoY decline at 24%.