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.

Singapore, Vietnam boost bilateral cooperation

Singapore, Vietnam boost bilateral cooperation

They signed deals to improve relations in the green and digital economy, and innovation.

SG, Vietnam boost cooperation in new and emerging sectors

Amongst sectors where the two countries will collaborate include energy connectivity.

SG, India kickstart cross-border trade financing

The countries had their first live transaction using the TradeTrust Framework.

ASEAN signs upgrade for Australia, NZ free trade area deal

It will boost the essential goods supply chain, and prioritise trade and sustainability.

Singapore, Sri Lanka sign MOU for carbon credits collaboration

The partnership is in line with the Article 6.2 of the Paris Agreement.

Singapore, Chile sign MOU for carbon markets, pricing collaboration

The markets will identify project opportunities and share best practices.

MTI narrows 2023 GDP growth forecast range to 0.5%-1.5% 

‘Weak external demand outlook’ for the rest of 2023 was cited as the reason for the move.

Inflation eases to 4.5% in June

MTI attributed the moderation to lower food and services inflation.

SG, Vietnam ink 12 deals for digital talent development and investment for businesses

One of the memorandum of understanding offers upskilling for 5,000 businesses.

SG, Qatar partner in LNG, low-carbon tech

This includes cooperation in strengthening the long-term LNG supply chain. 

Singapore, Korea hold dialogues to implement digital partnership

The dialogue was led by Singapore Ministry of Trade and Industry and Korea Ministry of Trade. 

Singapore, Bhutan ink MOU for carbon credits partnership

They will sign an agreement for the international transfer of carbon credits.

SG, Cambodia collaborate on carbon credits

Both countries would work together to advance action to achieve their sustainable development goals

March inflation slows to 5.5% YoY

The rate of price increase in all sectors slowed down except for electricity and gas. 

SG, China conclude talks on enhanced free trade agreement 

The enhancements will create a conducive environment for businesses.