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.

Full-year outlook for economy narrows to 3.5% due to softened global demand

Electronics and chemical clusters will suffer from impacts in weaker demand.

Amidst weaker demand outlook, SG economy seen to grow by 0.5%-2.5% in 2023

There will be a global slowdown in semiconductors and wholesale trade.

SG inks sustainability and innovation pact with Germany

They will promote private sector-led collaborations across sectors such as advanced manufacturing.

Singapore, Sarawak partner to develop carbon capture storage

This will cover policy exchanges and potential project implementations.

SG, Japan ink MOC to boost LNG supply chain

It will augment energy security for the market’s decarbonisation target.

Gov’t sets up strengthened ‘guardrails’ for energy retailers

This includes stricter qualifying criteria and higher capital requirements.

Singapore, Australia sign green deal

This covers seven areas of cooperation. 

Singapore and Vietnam powers commitment to energy transition with MoU

The agreement covers key areas such as R&D and low-carbon energy technologies.

Economy slightly eases in Q3: flash estimates

It grew 4.4% YoY from 4.5% YoY in Q2.

SG, Thailand boost bilateral economic relations 

Several agreements including trade and investment were signed.

Malaysia to become ninth party in CPTPP trade deal: Gov’t

This after Malaysia completed its ratification process of the agreement.

Gov't encourages businesses to sustain R&D investments, boost talent

The trade relations official said businesses should also expand expertise.

Singapore, France trade leaders adopt digital work plan for SMEs

The programme supports firms’ research and development projects.

Digital economy deal’s committee to start work group for Canada’s application: MTI

The agreement is signed by Singapore, Chile, and New Zealand in 2020.

Singapore, Colombia partner for carbon credits framework development

This is in line with their commitment to Article 6 of the Paris Agreement.