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.

MTI’s 2022 economy outlook stays at 3%-5%

It’s based on the first quarter economic performance and global developments.

MTI’s 2022 economy outlook stays at 3%-5%

It’s based on the first quarter economic performance and global developments.

Economy ‘moderately’ increases by 3.7% YoY in Q1: MTI

On a quarterly and seasonally adjusted basis, it grew by 0.7%.

Clear mandate needed to undertake WTO reform, Gan urges

APEC economies must urge MC12 in a systematic manner.

Iron, steel trade up by 58% to $6.7b: Second Minister Tan

The government seeks to retain Singapore as a trading hub for the ferrous sector.

GDP sees moderate growth at 3.4% in Q1

This is as MAS tightens monetary policy and raises inflation forecast.

Singapore and Chongqing strengthen bonds in finance, information, transport

Both agreed to explore opportunities in the digital and green economy. 

SG gov’t backs research programme to assess nuclear project safety

The research includes nuclear policy and training of experts in local universities.

All nightlife businesses to fully operate starting 19 April

In case of breach of safety measures, businesses will be shut down.

SG signs US-led civil space exploration treaty

The pact was signed by Trade Minister Gan Kim Yong.

Fully-vaxxed travellers may enter SG, Malaysia land borders sans testing, quarantine

Singapore and Malaysia reopened borders for fully inoculated travellers on 1 April.

Headline inflation climbs faster in February at 4.3%

It accelerated due to higher private transport inflation.

How does the government plan to achieve a green economy?

The government seeks to develop new low-carbon solutions and decarbonise industries.

MTI keeps 3% to 5% GDP growth forecast for 2022

This is despite the faster-than-expected expansion of the economy in 2021 by 7.6%.

Singapore will focus on these 3 areas for aviation's recovery

These were discussed during the Singapore Aerospace Technology Leadership Forum.

MTI bares ‘three-pronged strategy’ for space sector

This includes a $150m investment in its space technology development programme.