Economy
Lower, middle-income residents to receive GST, CDC vouchers in early 2023
About 950,000 HDB flats residents will get vouchers in January and February 2023.
Non-oil domestic exports drop 14.6% YoY in November
Decreases in both electronics and non-electronics exports drove the decline in NODX.
Chart of the Day: Necessities spending is the top area affected by inflation
This is followed by retirement plans and investments.
Weak external outlook to affect 2023 GDP growth: analyst
Standard Chartered expects GDP growth to ease to 2.0% from 3.6% in 2022.
3 ways Singaporean investors are battling inflation
Investors said inflation is the main challenge in pursuing their new goals.
Clearer ‘two–sided economy’ in Singapore expected in 2023: Maybank
Economic growth will likely decelerate to 1.5% next year.
Singapore is world’s eighth most expensive city for expats: study
A significant increase in rental costs propelled the Lion City’s overall cost-of-living up.
Singapore, Brunei to deepen defence relations
They held the 9th Singapore-Brunei Defence Policy Dialogue.
Lower-wage earners uplifted, retrenchments decline: gov’t report
Real income growth of 20th percentile earners was 2.7% per annum.
Singapore economy to grow ‘markedly slower’ in 2023: report
UOB forecasts a 0.7% GDP growth rate.
Businesses, residents invited to give suggestions on 2023 budget
Singaporeans can provide their views and hopes for the budget until 13 January.
SG, Vietnam expand economic cooperation
The countries discussed closer partnerships in emerging areas like renewable energy.
Employment rate hits 67.5%, exceeding pre-COVID level
It was higher by 2.3 percentage points than the 2019 figure.
Median workers’ real income growth rises to 2.1% in 2022
The growth, however, was still lower compared to the pre-pandemic average of 3.8%.
SG, New York are the world’s most expensive cities
This is the 8th time that SG ranked first in the Worldwide Cost of Living survey.
Which sector was outperforming in Q3 22?
The tech sector was a clear outperformer in the third quarter of 2022.
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Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success