Economy
Employment growth doubles in Q3 as resident and non-resident hiring rises
Employment growth doubles in Q3 as resident and non-resident hiring rises
Advanced estimates show that employment grew by 24,100.
SG, UAE to deepen partnership across key sectors: MTI
Areas include digital trade, green economy, and space technology.
Close to 60% of industries rebounds to ‘above average’ growth
The economy grew by 4.1% in Q3, compared to just 1.1% for the whole of 2023.
Biomedical segment lifts Singapore’s manufacturing output in September
Excluding the segment, overall output would have decreased by 7.6% MoM.
Economists see no impetus for MAS to adjust policy before mid-2025
They expect changes only when core inflation nears 1.8% YoY.
Headline inflation eases to 2% YoY in September on lower transport costs
Private transportation inflation fell to -2.4% YoY.
Singapore ranks 5th most globally connected and influential city
The city rose from 7th place last year.
Singapore inflation expectations steady as fewer anticipate price drops
Only four in 10 expect inflation to decline over the next year.
Singapore ranks second in global economic freedom
The country also ranked second in international trade freedom.
Economists forecast modest NODX growth for Singapore in 2024
NODX fell 1.1% MoM and 2.7% YoY in September.
Non-oil domestic exports growth slows to 2.7% in September
In August, NODX grew 10.7% YoY.
Mixed views on MAS policy for 1H25 as Singapore faces inflation and growth risks
In Q3, the economy grew faster at 4.1% YoY.
Economy grows 4.1% YoY in Q3 as manufacturing, services expand
It grew at a faster rate compared to the previous quarter.
S’pore and South Korea to elevate bilateral relationship to strategic partnership by 2025
PM Wong made the announcement in a joint press conference with President Yoon Suk Yeol.
Singapore inks 10 MOUs with South Korea to boost bilateral trade ties
The MOUs cover sectors including automotive and entertainment technology.
What are the most profitable side hustles in Singapore?
The average yearly salary for side hustles is from $11,693 to $21,153.
Startups rethink IP strategies to attract investors
Startups focus on patent portfolios and IP management.
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