Economy
Singapore bags 'Best Startup Business Environment in Asia' title
Globally, Singapore ranked 4th.
Retrenchments rise to 4,100 in 3Q
Despite the increase, unemployment rates remained low at 2.0%.
MAS to keep its policy unchanged in January 2024: experts
The prediction comes on the back of core inflation’s continued moderating trajectory.
Inflation edges up to 4.1% in September
MTI attributed the increase to a pickup in private transport inflation.
SG records $7b of investments in Q3 2023
59.2% of this volume is from GLS deals.
SG, Saudi boost cooperation on digital economy, energy efficiency
Through the Energy Cooperation Roadmap, the parties will create low-carbon solutions, amongst others.
SG, Saudi Arabia boost ties with 7 new MOUs
The MOUs cover the education, transport and logistics sectors and more.
Fewer Singaporeans expect inflation to decline: DBS, SMU survey
As of September, only 49.5% of Singaporeans expect inflation to decline, a drop from 51% in June.
Non-oil domestic exports drop 13.2% YoY in September
The drop in electronics and non-electronic exports drove the overall decline.
Will MAS finally ease its monetary policy in 2024?
Experts say the central bank has seen the end of its tightening cycle.
3 catalysts that will accelerate Singapore's economic growth in 2024
Analysts expect GDP to grow by 3.0% next year.
MAS holds rates as Singapore’s GDP is expected to improve in 2024
The central bank warns that domestic recovery could be weaker than expected.
Economy grows at a faster pace in 3Q23: flash estimates
It grew 0.7% YoY from 0.5% YoY in 2Q23.
Singapore and Thailand to pursue promising areas of economic cooperation
PM Lee hosted a lunch for the Thailand Prime Minister’s visit.
Singapore’s Global Innovation Alliance launches in New York City
GIA is now present in 18 cities in 13 countries.
HKMA surpasses Singapore on highest forex reserves, ranks 7th globally
Hong Kong Monetary Authority reported HK$3.13t forex reserves in Q2 2023.
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