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.

GDP up 5.9% YoY in Q4

Overall, GDP increased 7.2% in 2021.

Singapore and Republic of Korea to finalize digital economy agreement

The agreement will be Singapore’s fourth DEA and the first with an Asia country. 

Singapore finalises digital economy agreement with the UK

This makes the UK the third country to have a DEA with Singapore.

GDP growth to slow down to 3-5% in 2022, from 7% in 2021

MTI cited four downside risks that will affect the economy's growth next year.

What has Singapore been doing to help aerospace companies?

Gan Kim Yong highlights the Enhanced Job Support Scheme, amongst others.

Trade Second Minister Tan co-chairs 15th SG-VN CMM

SG, Vietnam discussed strengthening bilateral ties and trade and investment.

Singapore strengthens SME-focused initiatives with South Korea

It launched a program that allows SG SMEs to establish their presence in Korea.

3 key economic trends that will build opportunities for SG companies

Gan shared these trends at the Singapore-China Trade and Investment Forum.

What are the three key amendments proposed in SG's energy bill?

All proposed changes empower the Energy Market Authority.

Singapore GDP up 6.5% in 3Q21

The quarter’s GDP moderates from 15.2% in 2Q21.

Singapore forges Green Economy Agreement with Australia

The deal is expected to accelerate the transition towards a green future.

SG enforces vaccination-differentiated safe management measures

Establishments covered by this include shopping malls and large standalone stores.

Innovation is key in helping SMEs: MTI

Food security and healthcare are also key fields for innovation.

Singapore to ally with WTO initiative on services domestic regulation

The initiative aims to improve the overseas service exports environment.

MTI reiterates Singapore's focus on biomedical sciences

This is to address the increased global demand for healthcare products.

ASEAN to remain committed to open trade

This was stated by Minister Gan Kim Yong in the ASEAN Economic Ministers’ Meeting.