Economy

Singapore could be affected by increasing rice prices

The El Nino and India’s non-basmati rice ban contributed to the price increase.

Singapore could be affected by increasing rice prices

The El Nino and India’s non-basmati rice ban contributed to the price increase.

Tax revenue up 13.1% YoY in FY22/23

The government collected $68.6b in tax revenue for the period.

Over $4b in grants distributed to businesses, workers: IRAS

More than 120,000 enterprises received grants from the agency.

Singapore proposes new standard for businesses to disclose intangible assets

It encourages enterprises to report beyond the regular accounting standards.

ASEAN launches negotiations on digital economy framework agreement

The framework aims to facilitate more seamless cross-border digital trade.

‘Partnerships’ key in Singapore’s industrialisation drive: DPM Wong

Wong hopes international firms see Singapore as a “home away from home.”

SG elects economist Tharman Shanmugaratnam

The President-elect vowed to make SG a "partner of choice internationally."

SBF, supply chain solutions firm ink deal to help businesses expand globally

The deal supports an initiative that also provides free trade deal education.

Around 4 in 5 wealthy Singaporeans attribute better decisions to financial advisers

The younger generation is more keen to consult financial advisers early.

Singapore to bridge Africa-Asia trade – Minister Yong

Singapore has about 100 companies operating in 40 African countries.

Bilateral trade in goods between SG-Africa growing at 15% per annum

As of 2022, trade value between the two markets has reached $19.4b.

Singapore, Vietnam boost bilateral cooperation

They signed deals to improve relations in the green and digital economy, and innovation.

Electronic sector to recover in 2024

The industry was improved by the rise of AI.

SG and Qatar ink 5 MOUs for water-related research and business digitalisation

The MOUs also include cooperation in social development, family, and education.

MAS assigns a price of $2.8b for 50-year green SGS bond

The green bond’s yield of reopened issue of 3.04% per annum.