Economy
MOF: Gov’t spending to go up 19%-20% of GDP in 2026 to 2030
MOF: Gov’t spending to go up 19%-20% of GDP in 2026 to 2030
It may also exceed 20% of the economy by 2030 fiscal year.
Singapore and UAE deepen collaborations on tech and skills development
The government will help UAE in digital trade documents, fintech, and other innovations.
SMU’s institute of innovation, Kajima Holdings to boost startup ecosystem
Kajima will support research collaborations and business competitions.
4 in 10 older adults feel the need to lower their standard of living
Some said there is a 50% chance they will be unable to afford necessities.
Unemployment rate to marginally increase to 2.4% in H123
RHB said the uneven recovery of the economy will likely impact labour demand.
7 measures analysts are expecting from Budget 2023
UOB expects the budget to focus on navigating Singapore through an uncertain year.
Singapore, EU create framework for bilateral digital cooperation
It will include a cross-border digital economy and standards.
What Singapore can do to enhance carbon trading hub status
KPMG advises determining length prices for carbon credits.
Budget 2023 to adopt five-pronged approach: analyst
RHB said the budget will focus on developing SG's competitiveness and strengthening social safety nets.
China’s economic reopening not enough to beat slowing global growth: IMF
A Reuters report showed that Singapore and ASEAN nations are affected.
NIM moderated but still strong in Q4 22: UOBKayHian
Some banks posted 49% year-on-year growth
Accommodation, transport prices to stay high in H1 23: analyst
This despite the softening inflation.
Analysts suggest more policy tightening to keep inflation in check
RHB and UOB said this is a precautionary measure if core inflation accelerates.
Inflation eases to 6.5% in December
It came in lower due to the moderation in private transport inflation.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
Teo, WTO director-general seek growth, inclusiveness of digital economy
The joint statement on e-commerce sets rules on the global digital economy.
What businesses can do in Singapore Made For Families 2025 plan
Prime Minister Lee Hsien Loong made the speech during Chinese New Year.
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