Economy

Singapore ranks 11th in Top 100 City Destinations for 2023

It is the top city destination in Southeast Asia.

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.

Singapore could mobilise $57.5b retail capital inflows for climate change initiatives

Around 9 in 10 investors want to contribute to climate investing.

SG tech unit sales dip by 3% in 1H 2023 amidst economic pressures

Market analysis reveals a challenging environment for premium tech products due to inflation and consumer spending constraints.

Singapore retains its title as the world’s most expensive city

The city is particularly expensive for transport and clothing.

Real income, employment rate for residents dip in 2023: MOM

Median workers saw their real income drop by 2.3% YoY this year.

Italy brings its strong suits to Singapore’s fintech expo

Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to...

SG, Thailand launches ASEAN's first 2-way exchange-level depository receipts linkage

Yuanta Securities and Krungthai Bank were the first issuers of DRs on SG-listed companies in Thailand.

Business receipts of service industries rise 3.2% YoY in 3Q23

Recreation & Personal Services had the highest growth in revenue amongst industries.

Young Singaporeans less optimistic in averting climate crisis

Only 41.3% of Singaporeans are optimistic in averting a climate disaster. This is 5.7% lower than the current global average.

SG companies to adjust finances amidst 1% GST increase

Singapore's Minister of Finance announced that the GST rate will be increased from 7% to 8% from January 1, 2023 and then from 8% to 9% from January 1...

Gov't to require statutory boards to publish yearly sustainability disclosures

Nearly 100% of eligible SGX-listed firms disclosed climate reports.

Economy expanded 1.1% in Q3

The full-year economy is now projected to grow 1% in GDP. 

Domestic, foreign wholesale trade sales record double-digit declines in Q3

Petroleum sales dragged down local wholesale trade sales for the quarter.