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.

Singapore, EU create framework for bilateral digital cooperation

It will include a cross-border digital economy and standards.

Singapore, EU create framework for bilateral digital cooperation

It will include a cross-border digital economy and standards.

Inflation eases to 6.5% in December

It came in lower due to the moderation in private transport inflation.

Singapore, Uzbekistan firms collaborate on logistics, renewable energy

More than 20 memorandums of understanding (MOUs) were signed.

MOM, MTI roll out Manpower for Strategic Economic Priorities scheme

The scheme complements recent changes to the work pass framework.

Headline inflation to average 4% in 2023: UOB

This projection excludes 2023 goods and services tax impact.

Possible recession in H1 23 is likely a ‘shallow one:’ RHB

This despite the further stress predicted in the first half of 2023.

How industries performed as Singapore economy growth eases

The economy eased by 4.1% in the third quarter of 2022.

Full-year outlook for economy narrows to 3.5% due to softened global demand

Electronics and chemical clusters will suffer from impacts in weaker demand.

Amidst weaker demand outlook, SG economy seen to grow by 0.5%-2.5% in 2023

There will be a global slowdown in semiconductors and wholesale trade.

SG inks sustainability and innovation pact with Germany

They will promote private sector-led collaborations across sectors such as advanced manufacturing.

Singapore, Sarawak partner to develop carbon capture storage

This will cover policy exchanges and potential project implementations.

SG, Japan ink MOC to boost LNG supply chain

It will augment energy security for the market’s decarbonisation target.

Gov’t sets up strengthened ‘guardrails’ for energy retailers

This includes stricter qualifying criteria and higher capital requirements.

Singapore, Australia sign green deal

This covers seven areas of cooperation. 

Singapore and Vietnam powers commitment to energy transition with MoU

The agreement covers key areas such as R&D and low-carbon energy technologies.