Economy
Chart of the Day: Singaporeans leave their money to savings and insurance
Those in early adulthood are likely to do both.
Chart of the Day: Singaporeans leave their money to savings and insurance
Those in early adulthood are likely to do both.
LIVE UPDATES: Singapore Budget 2023
Finance Minister Lawrence Wong said the budget will be about “Moving Forward in a New Era.”
GDP growth to ease in 2023 at 0.5%-2.5%
In 2022, the economy expanded by 3.6%.
Non-oil domestic exports unlikely to grow in 2023: forecast
Enterprise Singapore’s NODX growth projection is -2.0% to 0.0%.
What do businesses from various industries want to see in the 2023 budget?
Schneider Electric, Savills, and more share their insights.
IRAS extends simplified tax filing to over 2 million taxpayers
More than 100,000 employers are expected to participate in the scheme.
Singapore, Vietnam ink deals on green-digital economy, trade
The deals were signed as the two states celebrated 50 years of bilateral relations.
EDB secures $22.5b in fixed asset investment commitments in 2022
The electronic sectors accounted for two-thirds of FAI commitments for the year.
MOF: Gov’t spending to go up 19%-20% of GDP in 2026 to 2030
It may also exceed 20% of the economy by 2030 fiscal year.
Singapore and UAE deepen collaborations on tech and skills development
The government will help UAE in digital trade documents, fintech, and other innovations.
SMU’s institute of innovation, Kajima Holdings to boost startup ecosystem
Kajima will support research collaborations and business competitions.
4 in 10 older adults feel the need to lower their standard of living
Some said there is a 50% chance they will be unable to afford necessities.
Unemployment rate to marginally increase to 2.4% in H123
RHB said the uneven recovery of the economy will likely impact labour demand.
7 measures analysts are expecting from Budget 2023
UOB expects the budget to focus on navigating Singapore through an uncertain year.
Singapore, EU create framework for bilateral digital cooperation
It will include a cross-border digital economy and standards.
What Singapore can do to enhance carbon trading hub status
KPMG advises determining length prices for carbon credits.
Budget 2023 to adopt five-pronged approach: analyst
RHB said the budget will focus on developing SG's competitiveness and strengthening social safety nets.
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