Economy
EU, Singapore strengthen digital trade partnership
The two also discussed post-pandemic recovery.
Business optimism index rises to 5.91 percentage points in Q12022
The moderate increase was driven by expansions in five out of six indicators.
Singapore welcomes WTO deal on services domestic regulation
The initiative is expected to improve the operating environment for SG businesses.
7 in 10 Singapore workers believe in diversity’s role in the workplace
But 31% say that they have been discriminated against.
October’s industrial production performance due to low-base levels and strong global demand
According to UOB, this growth was led by the biomedical manufacturing cluster.
Services sector revenue climb 16% YoY in Q3
This was driven by higher business receipts across eight sectors.
GDP growth to slow down to 3-5% in 2022, from 7% in 2021
MTI cited four downside risks that will affect the economy's growth next year.
84% of Singapore-based Indians are investing locally: study
Indians pick property as the most important area to invest in.
MAS’ decision to steepen the S$NEER seen as prescient
This is according to a joint CPI release by MAS and MTI.
SG-Chongqing financial connectivity brings $4.1b in multi-currency deals
Their financial connection has strengthened over the past year despite the pandemic.
Singapore overall inflation hits 3.2% highest since 2013
This was led by higher private road transport and accommodation costs.
Tax measures needed to help businesses adapt: Deloitte
This is in order to attract businesses despite the decline in economic activity.
7 of 10 Singaporeans worried about high cost of living
31% also say that they do not have a financial plan.
76% of founders pick problem-solving as most important trait in doing business
This is based on a survey conducted amongst Gen Z and Millennial entrepreneurs.
SG PM warns of US-China miscalculation over Taiwan
"We should be concerned," Lee said.
The 3Rs that will push SG equities above pre-COVID levels in 2022
These will also narrow SG’s performance gap with other markets in Asia.
Singapore exports up 17.9% in October
Re-exports also echoed this growth with a 17.8% growth.
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