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.

All nightlife businesses to fully operate starting 19 April

In case of breach of safety measures, businesses will be shut down.

SG signs US-led civil space exploration treaty

The pact was signed by Trade Minister Gan Kim Yong.

Fully-vaxxed travellers may enter SG, Malaysia land borders sans testing, quarantine

Singapore and Malaysia reopened borders for fully inoculated travellers on 1 April.

Headline inflation climbs faster in February at 4.3%

It accelerated due to higher private transport inflation.

How does the government plan to achieve a green economy?

The government seeks to develop new low-carbon solutions and decarbonise industries.

MTI keeps 3% to 5% GDP growth forecast for 2022

This is despite the faster-than-expected expansion of the economy in 2021 by 7.6%.

Singapore will focus on these 3 areas for aviation's recovery

These were discussed during the Singapore Aerospace Technology Leadership Forum.

MTI bares ‘three-pronged strategy’ for space sector

This includes a $150m investment in its space technology development programme.

Singapore inks PASFTA with Latin America

This is to establish new trade linkages with the region.

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.