Economy
KPMG and SBF outlines Budget 2024 wish list
KPMG and SBF outlines Budget 2024 wish list
Their first recommendation is to strengthen Singapore’s regional competitiveness.
McKinsey sees Singapore’s manufacturing constrained, services resilient
Advanced estimates showed GDP grew 1.2% in 2023.
Singapore seeks to mitigate rising sea levels, hotter temperatures
Amongst climate mitigation plans include reclaiming around 800 hectares of land.
Gov‘t rolls out 2024 CDC vouchers
This marks the fourth tranche of the CDC vouchers.
Focus sought for green transition, food security, workers’ needs in 2024 budget
A one-stop platform has been laid out to help accelerate companies’ sustainability goals.
Singapore’s NODX to push past official 2024 forecast, UOB
Base effects relied on for NODX recovery
Singapore’s economic upswing unlikely to last: experts
In 2023, experts predict a GDP growth of 0.7% for Singapore.
Non-oil domestic exports rise 1.0% YoY in November
Enterprise Singapore attributed the increase to a low base a year ago.
Diving deep into APAC’s leading wealth hub: Singapore
Ultra rich families are driving the luxury residential market.
Retrenchments rise to 4,110 in 3Q23
The Ministry of Manpower attributed the majority of the increase to the Wholesale Trade sector.
ADB lowers 2023 inflation forecast for Singapore to 4.9%
From January to September, Singapore’s inflation rate rose by 5.1% on average.
Economists cut 2024 growth forecast for Singapore
They expect GDP to expand by 2.3% in 2024, down from the previous estimate of 2.5%.
Singapore ranks 11th in Top 100 City Destinations for 2023
It is the top city destination in Southeast Asia.
Singapore, Papua New Guinea ink deal for carbon credits collaboration
The deal comes following the memorandum of understanding signed at the COP27.
SG, China strengthens free-trade agreement
China vowed not to impose foreign equity limits for Singapore investors in 22 sectors.
SG, China boost economic ties
The bilateral cooperation will promote new economic projects.
Geopolitics, consumer behaviours drive high CFO turnover
Companies are facing increased CFO turnover due to market dynamics and shifting consumer trends, with Asia Pacific presenting a unique landscape.
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