Economy

Inflation picks up in May at 5.6%

It accelerated due to higher private transport, food, and services inflation.

Singapore vows to contribute $13.8m in World Bank’s health crisis fund

The fund will help countries prepare for future health crises.

Inflation prompts gov’t to provide $1.5b support package for vulnerable groups, businesses

Individuals and households will get a goods and services tax voucher (GSTV) of up to $300 cash.

Consumers expect inflation to continue for another full year

More than a third of Singaporeans expect price hikes to continue past 12 months.

Slightly lower employment growth in Q122

Total employment only grew by 42,000 which is 5,900 less from Q421. 

Singapore is world's 3rd most competitive market

The country jumped two places from last year's ranking.

UK, Singapore sign 3 MOUs for cybersecurity, digital trade, digital identity verification

The deals will impact global supply chains and enhance cybersecurity.

SG, China ink MOUs on digital economy and green development

The agreements were signed on the sidelines of the WTO 12th Ministerial Conference.

S-REITs to provide higher income, resilience amidst global disruption: HSBC

Singapore’s economy will stand out from a growth trajectory perspective.

How Singapore can resolve economic barriers, uncertainties: MTI

It must invest in open trade, manage inflation, and reach climate goals.

Experts expect economy to grow 4.8% in Q2

The full-year growth forecast was lowered to 3.8% from 4%.

Minister for Finance Lawrence Wong named deputy prime minister

He will be acting prime minister whenever the Singapore leader is absent.