Ministry of Trade and Industry

Singapore's government arm that promotes economic growth, and creates jobs, to enable Singaporeans to improve their lives.

See below for the Latest Ministry of Trade and Industry News, Analysis, Profit Results, Share Price Information, and Commentary.

Inflation edges up to 3.7% in December

In 2023, headline inflation averaged 4.8%.

F1 contracts not disadvantageous to the government: MTI

The government said preparations for the Grand Prix are “on track.”

Transport Minister Iswaran resigns amidst corruption charges

Chee Hong Tat will replace the embattled transport minister.

SG, Malaysia ink MoU on special economic zone

The countries will also work on seven more initiatives related to the economic zone.

Singapore, Papua New Guinea ink deal for carbon credits collaboration

The deal comes following the memorandum of understanding signed at the COP27. 

SG, China strengthens free-trade agreement

China vowed not to impose foreign equity limits for Singapore investors in 22 sectors.

Inflation edges up to 4.1% in September

MTI attributed the increase to a pickup in private transport inflation.

SG, Saudi Arabia boost ties with 7 new MOUs

The MOUs cover the education, transport and logistics sectors and more.

Accession process underway for Costa Rica’s DEPA application

DEPA is composed of Singapore, Chile, and New Zealand.

Taking ‘overly prescriptive approach’ in encouraging startups to list locally may stifle growth: gov’t

The number of Singapore’s IPOs and proceeds raised has been declining since 2021.

Gov't to form committee to review SG's anti-money laundering regime

Second Minister for Finance, Indranee Rajah, will head the committee.

Inflation eases to 4.0% in August

MTI attributed the moderation to lower core and accommodation inflation.

SG, Indonesia ink pact on low carbon energy

The pact brings SG a step forward to its target to import up to 4GW of low-carbon electricity by 2035.

Singapore to bridge Africa-Asia trade – Minister Yong

Singapore has about 100 companies operating in 40 African countries.