EconomyFeaturedIF Insights: Expats flee as cost of living soars in SingaporeIFM CorrespondentMay 4, 2023 by IFM CorrespondentMay 4, 2023 As per logistics service provider APAC Relocation, the rent increase has caused around 10% of its clientele to move away from Singapore... Read more
EconomyFeaturedSingapore’s new farms — multi-story car parksIFM CorrespondentAugust 3, 2022 by IFM CorrespondentAugust 3, 2022 Launching the farm cost about USD 1 million, with a large portion of the funds going toward equipment to facilitate faster harvesting.... Read more
EconomyFeaturedSingapore economy grows by 14.3% in Q2 2021WebAdminJuly 14, 2021 by WebAdminJuly 14, 2021 The country recorded the strongest economic growth in 11 years in the second quarter of 2021... Read more
EconomyFeaturedSingapore signs free trade deal with Latin America trading blocWebAdminJune 29, 2021June 29, 2021 by WebAdminJune 29, 2021June 29, 2021 The negotiations with Pacific-alliance, formed by Chile, Colombia, Mexico, and Peru, were concluded in December 2020, after three years... Read more
EconomyFeaturedMAS investing S$2.38 bn to make Singapore a low-carbon economyWebAdminJune 9, 2021 by WebAdminJune 9, 2021 This latest move is a part of a plan developed by the Monetary Authority of Singapore so that an orderly transition happens while shifting to a low carbon economy... Read more
EconomyFeaturedSingapore’s GDP to expand by 5.8% in 2021Pritam BordoloiMarch 11, 2021 by Pritam BordoloiMarch 11, 2021 This is higher than the 5.5% December forecast by the Monetary Authority of Singapore... Read more
EconomyFeaturedSingapore sees slow economic progress from recession: MASPritam BordoloiOctober 28, 2020 by Pritam BordoloiOctober 28, 2020 The economy contracted by around 7 percent in the third quarter of the year... Read more
EconomyFeaturedSingapore’s GDP to contract by 5-7%: SGXWebAdminOctober 21, 2020 by WebAdminOctober 21, 2020 Retail sales dropped in August by 6%... Read more
EconomyFeaturedSingapore’s GDP plunged 12.6% in the second quarterPritam BordoloiJuly 14, 2020July 14, 2020 by Pritam BordoloiJuly 14, 2020July 14, 2020 It is 8 percentage points higher than the 11.8% contraction expected by MAS... Read more
EconomyFeaturedSingapore sees export rebound with 2.4% increase last DecemberInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Pharmaceuticals, specialised machinery and non-monetary gold shipments have fuelled export growth in Singapore... Read more