Economy
Business receipts of service industries rise 3.2% YoY in 3Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Business receipts of service industries rise 3.2% YoY in 3Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Young Singaporeans less optimistic in averting climate crisis
Only 41.3% of Singaporeans are optimistic in averting a climate disaster. This is 5.7% lower than the current global average.
SG companies to adjust finances amidst 1% GST increase
Singapore's Minister of Finance announced that the GST rate will be increased from 7% to 8% from January 1, 2023 and then from 8% to 9% from January 1...
Gov't to require statutory boards to publish yearly sustainability disclosures
Nearly 100% of eligible SGX-listed firms disclosed climate reports.
Economy expanded 1.1% in Q3
The full-year economy is now projected to grow 1% in GDP.
Domestic, foreign wholesale trade sales record double-digit declines in Q3
Petroleum sales dragged down local wholesale trade sales for the quarter.
Singapore inks IPEF supply chain agreement
Singapore also okays the substantial conclusion for clean and fair economy agreements.
Non-oil domestic exports contraction eases to 3.4% YoY in October
In September, NODX fell by 13.2% YoY.
SG, APEC ministers mull deeper cooperation on 3 areas
Amongst areas to be prioritised by APEC member states is the digital economy.
PM Lee to visit the US for APEC summit
During his visit, Lee will also launch Enterprise Singapore’s San Francisco Overseas Centre.
Singapore real wages to rise by 0.5% in 2024
Next year marks a rebound from the 1.5% decrease in real wages in 2023.
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
EnterpriseSG extends support of centres of innovation for SMEs
The support aims to support over 800 SMEs for the next two years.
Highly competitive environment challenges S'porean companies when hiring talent
Four out of 10 S’poreans are job searching
EnterpriseSG expands Singapore's tech startups in more cities
The startups can connect with innovation hubs in Mumbai, Melbourne and Sydney.
Singapore bags 'Best Startup Business Environment in Asia' title
Globally, Singapore ranked 4th.
Retrenchments rise to 4,100 in 3Q
Despite the increase, unemployment rates remained low at 2.0%.
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