NODX to Hong Kong, the US and Taiwan grew while NODX to China, Indonesia, the EU 27, Thailand and Malaysia declined.
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.
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 ...
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.
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.
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 ...
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.
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 ...
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 ...
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.
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 ...
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.
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 ...
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, ...
Himanta Biswa Sarma-Singapore Deputy CM discuss semiconductors, other key topics
Assam CM Himanta Biswa Sarma met Singapore's Deputy PM to bolster India-ASEAN ties, focusing on semiconductors and green energy. Sarma invited investors, highlighting Assam's strategic benefits.
Assam CM Himanta Biswa Sarma meets semiconductor industry leaders in Singapore, promotes ‘Advantage Assam 2.0’
Assam Chief Minister Himanta Biswa Sarma held discussions with leaders from the semiconductor industry in Singapore on Tuesday.The meeting was part of his two-day visit to the country to promote the ...