Singapore's economy grows by 1.1% in Q3

Growth was weighed down primarily by the weak performance of the business services and wholesale and retail trade sectors. The MTI said for the rest of the year, Singapore's GDP growth is expected to remain modest, while for 2017, global growth is ... ( read original story ...)

Electronics, biomedical bright spots amid gloom

Manufacturing, which makes up a fifth of the Singapore economy, was hit hard by the slowdown but has recently been showing signs of bottoming out. Electronics, which makes up about a third of manufacturing output, expanded 24.6 per cent in October compared ... ( read original story ...)

Singapore’s exports forecast to reflect contraction of 5.5%

External demand has remained stubbornly weak, with China, the euro zone and the United States — Singapore’s top three trading partners — importing less from the Republic. Amid fresh uncertainty around global trade sparked by US President-elect Donald ... ( read original story ...)

Shift in electronics production

A shift towards higher-value activities in the electronics sector is helping manufacturing output stay resilient but weighing on Singapore's goods trade. In response to queries from The Straits Times, the Ministry of Trade and Industry (MTI) said the ... ( read original story ...)

Singapore military vehicles seized in Hong Kong

SINGAPORE – Singapore's Defense Ministry says a shipment of nine of its armored personnel carriers has been delayed by customs authorities in the Chinese territory of Hong Kong. Singapore's Straits Times newspaper said Friday the eight-wheeled Terrex ... ( read original story ...)

Singapore's auto sales could contract from 2017

Hitting a 137,597-unit peak level seen a decade ago now unlikely. Total vehicle sales in Singapore will begin a period of decline from 2017 to 2020 on the cyclical nature of the market, which is driven by age limits on vehicles and the Certificate of ... ( read original story ...)

Singapore and UOB to boost trade for Singapore companies

The International Enterprise (IE) Singapore and the United Overseas Bank (UOB) signed a Memorandum of Understanding to help more Singapore companies in cross-border trade and internationalization. This collaboration taps the rising potential of ASEAN ... ( read original story ...)

Singapore Teams Heads to Hong Kong to Secure Army Carriers

Singapore's army is sending a team to Hong Kong to secure nine of its armored personnel carriers that were seized by customs authorities while in transit through the southern Chinese territory, the Defense Ministry said Friday. The ministry said in a ... ( read original story ...)

Singapore manufacturing output up 1.2% in October

SINGAPORE: Industrial production in Singapore rose slightly more than expected last month, helped by increases in electronics and pharmaceuticals production, although marine and offshore engineering output plunged. Manufacturing output rose 1.2 per cent ... ( read original story ...)