Economy

Singapore is 10th best city for digital nomads to live in: study

Average monthly cost of living is at $1,571 (£915.50).

Singapore is 10th best city for digital nomads to live in: study

Average monthly cost of living is at $1,571 (£915.50).

NODX records worse contraction in almost a decade

This is the eighth straight month of contraction.

Economy to grow 1.7% in 2023; manufacturing, trade to underperform

Manufacturing weakness to spillover to wholesale trade and impact services growth.

Singapore is 5th most expensive location for expatriates

The Lion City jumped eight places in ECA’s cost of living rankings.

Higher costs push SMEs to deprioritise social, environmental initatives

23% less SMEs conducted social and environmental initiatives in 2022 from 2020.

Three key factors that will propel SG’s economic growth in H2

Malaysian bank analysts said tourism growth and higher tourism services will help.

Singapore accounted for 3.3% FDI projects in Dubai in 2022

The top sectors include hotels and tourism which are at 51%.

Singapore’s total merchandise trade down 7.8% in Q1

EnterpriseSingapore foresees that exports will decline 10% to 8%.

Economy slows to 0.4% growth in Q1

The recovery of international visitor arrivals propels growth in accommodation and IT sectors.

GDP to expand 0.5% to 2.5% in 2023: MTI

External demand outlook has weakened as US, Eurozone economies decelerate.

Singapore is most attractive market for doing business: report

The Lion City will have the best business environment over the next five years.

Core inflation was unchanged in April as travel services post higher inflation

The central bank said there was lower inflation for electricity and gas.

SG, Kazakhstan enhance services, talent, and investment cooperation

The agreement will improve Singapore’s market access to Kazakhstan.

Singapore’s ultra-rich population up 6.9% in 2022 despite a global decline

It is seen to grow by 17.7% to around 5,300 from 2022 to 2027.

Singapore, Korea hold dialogues to implement digital partnership

The dialogue was led by Singapore Ministry of Trade and Industry and Korea Ministry of Trade. 

Singapore named eighth fastest-growing UHNW market

It had the highest net individual wealth in Asia, at S$4.7m.