Singapore's economy grew 5.0% in the fourth quarter of 2024 from a year earlier, government data showed on Friday, higher than an official advance estimate of 4.3% released last month. On a quarter-on ...
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 ...
People aged 25-44 invest just 15%–17% of salary: DBS
Gen Zs and millennials are the least invested among all pre-retirement age groups, allocating just 15% to 17% of their salaries to investments. Over half of investments are allocated to fixed income.
New verification tool to boost Singapore as a finance hub
Singapore has announced through various groups a new payments entity and an automated solution to verify bills of lading, as it moves to strengthen its position as a global finance hub.
Singapore to set up new entity governing national payment schemes
The entity will work with MAS to develop Singapore’s national payments strategy, aiming to offer secure payments infrastructure.
New round-island virtual ride for OCBC Cycle; online registration from Feb 14
The main categories – The Straits Times Ride (20km), the Sportive Ride (40km) and the Foldie Ride by Brompton (40km) – will take place on closed roads on May 4, with landmarks such as the Benjamin ...
Mastercard Tokenizes 30% of Transactions in 2024, Acknowledges Crypto’s Disruptive Potential
Mastercard has reported that 30% of its transactions in 2024 were tokenized, recognizing stablecoins ability to disrupt financial services.
Singapore Weighs Tax Incentives to Help Revive Stock Market
A Singapore government-led review group proposed tax incentives to revitalize the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.Most Read from ...
China lifestyle brands are landing in Singapore: Should incumbents be worried?
Premium Chinese brands entering Singapore often favour retail spaces in prime locations such as Orchard Road, Marina Bay Sands, and other upscale malls which offer high footfall, visibility and brand ...