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Category: TECHNOLOGY

Posted on 17/02/2025

Singapore’s exports drop 2.1pc in Jan, ending two-month growth streak

Singapore’s non-oil domestic exports (NODX) fell by 2.1 per cent in January, reversing the 9 per cent expansion recorded in December 2024, according to data from Enterprise Singapore. Electronics ...

Posted on 17/02/2025

Singapore’s key exports chart surprise 2.1% slide in January as non-electronics shrink

SINGAPORE’S non-oil domestic exports (NODX) surprised in January as it declined 2.1 per cent year on year, with electronics rising but non-electronics decreasing, data from Enterprise Singapore ...

Posted on 17/02/2025

Singapore’s NODX declined by 2.1% in January as non-electronics fell

NODX to Hong Kong, the US and Taiwan grew while NODX to China, Indonesia, the EU 27, Thailand and Malaysia declined.

Posted on 16/02/2025

Trade deficit with US puts Singapore in a good position, but Trump tariffs could still disrupt trade: Analysts

Singapore is the only Southeast Asian economy to have a trade deficit with the United States, economists said.

Posted on 16/02/2025

Singapore’s economy expanded by 4.4% in 2024; outlook for 2025 remains stable

The economy saw a 5% year-on-year growth in the fourth quarter of 2024, though this was a slight moderation from the 5.7% recorded in the third quarter. On a quarter-on-quarter basis, seasonally ...

Posted on 15/02/2025

Singapore voter rolls updated ahead of GE2025; public inspection open from Feb 15 to 28

This may be the last update to the voter rolls before the next general election. Read more at straitstimes.com.

Posted on 14/02/2025

Singapore economy grows 4.4% in 2024, but growth seen slowing to 1% to 3% in 2025

The slower growth is not expected to have an immediate impact on jobs and wage growth. Read more at straitstimes.com.

Posted on 14/02/2025

Singapore’s key exports grow 0.2% in 2024; 2025 forecast unchanged

SINGAPORE’S non-oil domestic exports (NODX) grew 0.2 per cent for the whole of 2024, reversing from the 13.1 per cent contraction recorded in the previous year, due to higher shipments of electronic ...

Posted on 14/02/2025

S’pore key exports eke out 0.2% growth in 2024, warning of downside risk to 2025’s 1-3% forecast

"Significant uncertainties” from trade frictions among major economies could hurt Singapore's trade outlook. Read more at straitstimes.com.

Posted on 14/02/2025

Singapore maintains 2025 GDP forecast at 1 to 3%; economy up 4.4% in 2024

According to the Ministry of Trade and Industry, Singapore's GDP grew by 5.7% in Q4 2024, a slight drop versus 5.7% reported for 3Q 2024. Taking into account the external and domestic economic ...

Posted on 14/02/2025

Singapore’s 2024 GDP growth revised upwards to 4.4%; 2025 forecast range kept at 1 to 3%

SINGAPORE’S economy grew 4.4 per cent in 2024, revised up from the advance estimate of 4 per cent, data from the Ministry of Trade and Industry (MTI) showed on Friday (Feb 14). Read more at The ...

Posted on 14/02/2025

Singapore economy grows better-than-estimated 4.4% in 2024 but 2025 forecast kept to 1-3%

The economy faces downside risk from further escalation of geopolitical conflicts, higher uncertainty over US trade policies. Read more at straitstimes.com.

Posted on 14/02/2025

Singapore Projects Modest Trade Growth Amid Global Uncertainties

Enterprise Singapore continues to project exports growth at 1.0% to 3.0% this year. Singapore's non-oil domestic exports grew by 0.2% last year, reversing the 13.1% contraction seen in 2023 due to ...

Posted on 14/02/2025

Singapore’s economy grew 4.4% in 2024, beating forecasts and advance estimates

The ministry said Singapore's economy expanded by 4.4 per cent in 2024, up from an earlier estimate of 4 per cent. Both the estimate and the update beat the growth forecast of around 3.5 per cent.

Posted on 14/02/2025

Singapore-based Chinese, U.S. firms drive Thailand’s $33bn FDI bounty

BANGKOK -- Singapore ousted China as Thailand's top ... particularly new data centers and electronics factories. The digital and electronics sectors attracted a combined 475 billion baht ($13.6 ...

Posted on 13/02/2025

Singapore’s job market sees 11% decline as digitalisation and automation reshape hiring

SINGAPORE: Singapore’s job market has experienced an 11% drop in hiring over the past year, reflecting the ongoing shifts in workforce demand due to digitalisation, automation, ...

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