Singapore doubles down on AI boom, raises forecast after Q2 GDP growth
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
Tag : Singapore economy
IF Insights: Expats flee as cost of living soars in Singapore
As per logistics service provider APAC Relocation, the rent increase has caused around 10% of its clientele to move away from Singapore...
Singapore’s new farms — multi-story car parks
Launching the farm cost about USD 1 million, with a large portion of the funds going toward equipment to facilitate faster harvesting....
Singapore economy grows by 14.3% in Q2 2021
The country recorded the strongest economic growth in 11 years in the second quarter of 2021...
Singapore signs free trade deal with Latin America trading bloc
The negotiations with Pacific-alliance, formed by Chile, Colombia, Mexico, and Peru, were concluded in December 2020, after three years...
MAS investing S$2.38 bn to make Singapore a low-carbon economy
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...
Singapore’s GDP to expand by 5.8% in 2021
This is higher than the 5.5% December forecast by the Monetary Authority of Singapore...
Singapore sees slow economic progress from recession: MAS
The economy contracted by around 7 percent in the third quarter of the year...
Singapore’s GDP to contract by 5-7%: SGX
Retail sales dropped in August by 6%...
Singapore’s GDP plunged 12.6% in the second quarter
It is 8 percentage points higher than the 11.8% contraction expected by MAS...