Economy

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.

SG overtakes China as top startup ecosystem in Asia-Pacific

Globally, Singapore ranked 7th in the Global Startup Ecosystem Index 2022.

PMI expands to 50.4 in May

It edged up by 0.1 point from April.

Singapore, Indonesia reaffirm strong economic ties

They also look at collaborating in other areas such as energy, and the digital economy.

Only half of shoppers trust companies amidst ‘trust-based economy’

Meanwhile, 61% are comfortable divulging personal information to 'transparent' firms.

Here's why recent real wage growth is lower compared to a decade ago

Total real wage growth in 2021 was at 1.6%—less compared to 2010'2 2.7%.

Salary growth slowly rises 1.6% in 2021

The wage situation improved last year but at a slower pace.

Chart of the day: Service industry business receipts leaps 13.2% in Q1

The quarterly change saw business receipts dip by 1.6%.

Lee to Japan: Make greater contributions to regional cooperation

Japan should come to terms with its past to do this.

MTI’s 2022 economy outlook stays at 3%-5%

It’s based on the first quarter economic performance and global developments.

Chart of the day: Singapore Q1 trade forecast is ‘better-than-expected’

Total merchandise trade grew by 20.8% in the first quarter of 2022.