Economy
SG tech unit sales dip by 3% in 1H 2023 amidst economic pressures
Market analysis reveals a challenging environment for premium tech products due to inflation and consumer spending constraints.
SG tech unit sales dip by 3% in 1H 2023 amidst economic pressures
Market analysis reveals a challenging environment for premium tech products due to inflation and consumer spending constraints.
Singapore retains its title as the world’s most expensive city
The city is particularly expensive for transport and clothing.
Real income, employment rate for residents dip in 2023: MOM
Median workers saw their real income drop by 2.3% YoY this year.
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to...
SG, Thailand launches ASEAN's first 2-way exchange-level depository receipts linkage
Yuanta Securities and Krungthai Bank were the first issuers of DRs on SG-listed companies in Thailand.
Business receipts of service industries rise 3.2% YoY in 3Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Young Singaporeans less optimistic in averting climate crisis
Only 41.3% of Singaporeans are optimistic in averting a climate disaster. This is 5.7% lower than the current global average.
SG companies to adjust finances amidst 1% GST increase
Singapore's Minister of Finance announced that the GST rate will be increased from 7% to 8% from January 1, 2023 and then from 8% to 9% from January 1...
Gov't to require statutory boards to publish yearly sustainability disclosures
Nearly 100% of eligible SGX-listed firms disclosed climate reports.
Economy expanded 1.1% in Q3
The full-year economy is now projected to grow 1% in GDP.
Domestic, foreign wholesale trade sales record double-digit declines in Q3
Petroleum sales dragged down local wholesale trade sales for the quarter.
Singapore inks IPEF supply chain agreement
Singapore also okays the substantial conclusion for clean and fair economy agreements.
Non-oil domestic exports contraction eases to 3.4% YoY in October
In September, NODX fell by 13.2% YoY.
SG, APEC ministers mull deeper cooperation on 3 areas
Amongst areas to be prioritised by APEC member states is the digital economy.
PM Lee to visit the US for APEC summit
During his visit, Lee will also launch Enterprise Singapore’s San Francisco Overseas Centre.
Singapore real wages to rise by 0.5% in 2024
Next year marks a rebound from the 1.5% decrease in real wages in 2023.
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
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