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Posted on 14/02/2025

Singapore is set to deliver its first budget under its new prime minister. Here’s what to expect

Lawrence Wong, who took the helm from Lee Hsien Loong, will deliver the budget on Feb. 18. The country is due for a general election by November.

Posted on 14/02/2025

OCBC and Enterprise Singapore launch ESG programme to help SMEs measure sustainability performance

OCBC and Enterprise Singapore launch ESG programme to help SMEs measure sustainability performance Singapore News ...

Posted on 14/02/2025

Singapore’s annual GDP expands at fastest pace since 2021, lifted by trade, finance and manufacturing sectors

For the fourth quarter, Singapore's GDP grew 5% year on year, higher than the 4.7% forecast by economists polled by Reuters. This will be the last piece of key economic data from the city state, ...

Posted on 14/02/2025

Singapore grows 5.0% y/y in Q4 2024, higher than advance estimate

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 ...

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 14/02/2025

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.

Posted on 14/02/2025

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.

Posted on 14/02/2025

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.

Posted on 14/02/2025

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 ...

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