Economy

SG must transform amidst shift in international economic conditions: PM Lee

To transform, Lee said Singapore should increase its productivity.
8 hours ago

SG must transform amidst shift in international economic conditions: PM Lee

To transform, Lee said Singapore should increase its productivity.
8 hours ago

Singapore, Colombia partner for carbon credits framework development

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

Tech innovation, citizen participation key to emerge from crisis: Lee

National Development Minister Desmond Lee said this in a recent speech.

Liveable, sustainable cities needed in post-pandemic era: gov’t

This was delivered during the World Cities Summit Mayoral Lunch 2022.

Chart of the day: 62% of the accommodation industry expects improve outlook in H2

Return of tourists in Singapore seen as a catalyst for improve business conditions.

MAS to cut down carbon footprint in equities portfolio by 50% by 2030

This is part of the regulatory body's promise to build a climate-resilient portfolio.

GDP estimates lowered following manufacturing sector slowdown

Analysts now predict 2022 GDP growth to settle at 3.2% YoY from 3.5% YoY.

Analysts raises full-year headline inflation forecast to 5.5%-6% 

A further tightening of monetary policy in October is also likely.

Inflation picks up to 6.7% in June

It accelerated due to higher private transport, and accommodation inflation.

Schroders, Conservation International invest in SG firm to speed up climate solutions

Akaria Natural Capital will deploy capital from 15 to 20 projects.

Chart of the day: More than 4 out of 5 S’poreans said cost of living went up

Older Singaporeans felt the brunt of the increase more strongly than those younger.

Not enough aid? 86% of Singaporeans want gov't to do more vs inflation

In June, the government announced a $1.5b support package for lower-income groups.

Exports growth to slow in the second half of 2022: analysts

China's slowdown is amongst the factors dampening the global trade outlook.

SC-STS, ABS finalise key settings for MAS Recommended Rate

It will serve as a contractual fallback reference rate in wholesale SOR contracts.

Inflation to hit 3.9% in 2023: survey

In March, consumers expected a 4.1% inflation for 2023.