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Tag: technology

Posted on 17/02/2024

Singapore key exports rise 16.8% in January, fuelling optimism for recovery, albeit a choppy one

SINGAPORE - Singapore’s non-oil domestic exports (Nodx) rose 16.8 per cent in January from a low base a year earlier to beat forecasts, led by a jump in shipments of semiconductor-related equipment ...

Posted on 17/02/2024

Singapore key exports to rebound in 2024 after 13.1% fall in 2023 on weak global demand

But EnterpriseSG upgraded its full-year 2024 forecast for non-oil domestic exports to 6 per cent growth. Read more at straitstimes.com.

Posted on 16/02/2024

Singapore expects 1% to 3% economic growth in 2024 as DPM presents 2024 budget bill in Parliament

Singapore is cautiously optimistic about 2024 and expects higher gross domestic product (GDP) growth at 1 per cent to 3 per cent, Deputy Prime Minister Lawrence Wong said on Friday.

Posted on 16/02/2024

Singapore exports jump 16.8% in January, lifted by non-electronic shipments

SINGAPORE’S key exports jumped 16.8 per cent year on year in January, lifted by a surge in the shipment of non-monetary gold, data from Enterprise Singapore (EnterpriseSG) showed on Friday (Feb 16).

Posted on 16/02/2024

Singapore’s Non-Oil Domestic Exports Returned to Growth in January

Singapore’s non-oil domestic exports returned to growth in January, helped by favorable base effects and higher shipments of electronics and non-electronics.

Posted on 16/02/2024

StarHub reaches 99% coverage in Singapore with its 5G network

Singtel and a joint venture between StarHub Mobile and M1 had secured licenses to build two nationwide 5G SA networks in Singapore ...

Posted on 16/02/2024

Vietnam can follow in the footsteps of Singapore in semiconductors

Singapore’s transformation from a nation with nothing to a “semiconductor valley” will be a very useful reference for Vietnam.

Posted on 16/02/2024

Singapore technology to be used in world’s first private space station

SINGAPORE: Technology developed in Singapore will be part of the world’s first commercial manned space station that could be orbiting the earth by August 2025 at the earliest.

Posted on 15/02/2024

Clifford Chance Hires Away HSF Private Equity Partner in Singapore

At the U.K. firm, McLaren advised Globe Telecom, Inc., a Philippine digital platform company, on the sale of 1,350 mobile towers to Phil-Tower Consortium, Inc. for $340 million in 2022. A year before ...

Posted on 15/02/2024

Paperless cargo clearance scheme has cut hassle, clearance time at Singapore checkpoints, say drivers

SINGAPORE: At 3am daily, when many people are deep in slumber, Kumar Batumalai enters Singapore via the Woodlands Checkpoint from Johor in Malaysia to deliver cooking oil and empty steel drums.

Posted on 15/02/2024

Asian private credit players rush to bridge funding gap at SMEs and in sectors like education, technology

Asia accounts for roughly 40 per cent of global gross domestic product, 70 per cent of global economic growth and 60 per cent of the world’s population, and yet receives only about 5.5 per cent of the ...

Posted on 15/02/2024

SpeQtral Unveils TarQis – a Mobile Quantum Optical Ground Station (Q-OGS)

SpeQtral, a leader in quantum communications technology, announces the launch of TarQis, a Mobile Quantum-Optical Ground Station (Q-OGS) designed to lower the barriers for access to secure ...

Posted on 15/02/2024

Singapore domestic exports declined 13.1% in 2023 on weak electronics

SINGAPORE - Non-oil domestic exports (Nodx) shrank by 13.1 per cent in 2023 amid weak demand worldwide for electronics and petrochemicals - two of Singapore’s key exports. Read more at ...

Posted on 15/02/2024

Singapore economy grew 1.1% in 2023; MTI keeps 2024 growth forecast at 1% to 3%

The pace of growth for most sectors in the economy is expected to moderate from that in 2023. Read more at straitstimes.com.

Posted on 15/02/2024

Singapore’s 2023 GDP growth revised down marginally to 1.1%; 2024 forecast kept at 1 to 3%

SINGAPORE’S economy grew 1.1 per cent in 2023, revised down marginally from advance estimates, data from the Ministry of Trade and Industry (MTI) showed on Thursday (Feb 15). Read more at The Business ...

Posted on 15/02/2024

Idemia’s automated biometric lanes to open to all foreigners entering Singapore

Idemia has had a presence in Singapore airports since 2017, when it began providing biometrics for border checks at Changi Airport.

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