Economy

STI bounces back 14% as economy expands in 2021

2021 STI leaders were Yangzijiang Shipbuilding, DBS Group Holdings, and Hongkong Land.

STI bounces back 14% as economy expands in 2021

2021 STI leaders were Yangzijiang Shipbuilding, DBS Group Holdings, and Hongkong Land.

Engineering the future: Rocket Academy’s push for upskilling software skills

This is to address the ongoing demand for software engineering in Singapore.

950,000 HDB households to get GST Voucher - U-Save rebates

This is part of the $900m Household Support Package for Budget 2021. 

GDP up 5.9% YoY in Q4

Overall, GDP increased 7.2% in 2021.

NODX further expands with 24.2% YoY growth in November

Non-electronic products drove the increase for November.

Singapore up two ranks to become 12th most expensive location globally

The majority of the locations on the list are Asian cities. 

Singapore and Republic of Korea to finalize digital economy agreement

The agreement will be Singapore’s fourth DEA and the first with an Asia country. 

Singapore’s affluent population to grow 3.4% to 1.32 million in 2022

This will be driven by the recovery in equities and mutual funds.

SG to see above 5-year average GDP growth in 2022

The 2022 GDP growth will be driven by strong demand for exports.

Finance Minister Wong bares government’s plans to achieve green economy

Singapore is already reviewing the carbon tax to update the 2022 budget, Wong claims.

Singapore finalises digital economy agreement with the UK

This makes the UK the third country to have a DEA with Singapore.

Second Minister Tan co-chairs inaugural KSA-SG ministerial meeting

The meeting reaffirmed the growing ties between Singapore and Saudi Arabia.

Multiplier offers global solution to expedite hiring ahead of the imminent talent crunch

Legal, accessibility, and payroll issues are some of the obstacles that the startup addresses. 

SG ranks 30th in Social Progress Index 

Its performance improved in two categories.

Core inflation to rise to 1.8% in 2022

The expected increase will be driven by three factors.