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.
Economy grows at a faster pace in 3Q23: flash estimates
It grew 0.7% YoY from 0.5% YoY in 2Q23.
Accession process underway for Costa Rica’s DEPA application
DEPA is composed of Singapore, Chile, and New Zealand.
Taking ‘overly prescriptive approach’ in encouraging startups to list locally may stifle growth: gov’t
The number of Singapore’s IPOs and proceeds raised has been declining since 2021.
Gov't to form committee to review SG's anti-money laundering regime
Second Minister for Finance, Indranee Rajah, will head the committee.
Inflation eases to 4.0% in August
MTI attributed the moderation to lower core and accommodation inflation.
SG, Indonesia ink pact on low carbon energy
The pact brings SG a step forward to its target to import up to 4GW of low-carbon electricity by 2035.
Singapore to bridge Africa-Asia trade – Minister Yong
Singapore has about 100 companies operating in 40 African countries.
Singapore, Vietnam boost bilateral cooperation
They signed deals to improve relations in the green and digital economy, and innovation.
SG, Vietnam boost cooperation in new and emerging sectors
Amongst sectors where the two countries will collaborate include energy connectivity.
SG, India kickstart cross-border trade financing
The countries had their first live transaction using the TradeTrust Framework.
ASEAN signs upgrade for Australia, NZ free trade area deal
It will boost the essential goods supply chain, and prioritise trade and sustainability.
Singapore, Sri Lanka sign MOU for carbon credits collaboration
The partnership is in line with the Article 6.2 of the Paris Agreement.
Kenya-Singapore Bilateral Investment Treaty takes effect
The treaty was signed in 2018.
Singapore, Chile sign MOU for carbon markets, pricing collaboration
The markets will identify project opportunities and share best practices.
MTI narrows 2023 GDP growth forecast range to 0.5%-1.5%
‘Weak external demand outlook’ for the rest of 2023 was cited as the reason for the move.
Inflation eases to 4.5% in June
MTI attributed the moderation to lower food and services inflation.
SG, Vietnam ink 12 deals for digital talent development and investment for businesses
One of the memorandum of understanding offers upskilling for 5,000 businesses.
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