Ministry of Trade and Industry

Singapore's government arm that promotes economic growth, and creates jobs, to enable Singaporeans to improve their lives.

See below for the Latest Ministry of Trade and Industry News, Analysis, Profit Results, Share Price Information, and Commentary.

JTC strengthens board with new and returning members

The corporation also retained Tan Chong Meng as chairman.

Inflation rises to 3.4% YoY in February

This is faster following a 2.9% slowdown in January.

Inflation eases to 2.9% YoY in January

In December 2023, headline inflation rose 3.7% YoY.

Economy grows 1.1% in 2023; MTI retains 2024 growth forecast at 1.0%-3.0%

Economic growth moderated from 2022, when Singapore recorded a 3.8% YoY expansion.

Gov’t names fair tenancy committee members as measure on retail leases takes effect

The new members will serve the committee for two years in their first term. 

Inflation edges up to 3.7% in December

In 2023, headline inflation averaged 4.8%.

F1 contracts not disadvantageous to the government: MTI

The government said preparations for the Grand Prix are “on track.”

Transport Minister Iswaran resigns amidst corruption charges

Chee Hong Tat will replace the embattled transport minister.

SG, Malaysia ink MoU on special economic zone

The countries will also work on seven more initiatives related to the economic zone.

Singapore, Papua New Guinea ink deal for carbon credits collaboration

The deal comes following the memorandum of understanding signed at the COP27. 

SG, China strengthens free-trade agreement

China vowed not to impose foreign equity limits for Singapore investors in 22 sectors.

Inflation edges up to 4.1% in September

MTI attributed the increase to a pickup in private transport inflation.

SG, Saudi Arabia boost ties with 7 new MOUs

The MOUs cover the education, transport and logistics sectors and more.