Minister of Trade and Industry (MTI)

Singapore launches National Hydrogen Strategy, could supply half of power needs by 2050 - THE EDGE SINGAPORE

Sustainability

Singapore launches National Hydrogen Strategy, could supply half of power needs by 2050

For Singapore, hydrogen can complement and diversify our power mix alongside solar, imported electricity, says MTI.
Singapore's GDP up by 5.9% in 4Q, 7.2% for 2021: MTI advance estimates - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP up by 5.9% in 4Q, 7.2% for 2021: MTI advance estimates

For the whole of 2021, the economy grew by 7.2% rebounding from the 5.4% contraction in 2020.
Singapore's headline inflation comes in at 2.4% for June; MAS and MTI raise forecast - THE EDGE SINGAPORE

Singapore economy

Singapore's headline inflation comes in at 2.4% for June; MAS and MTI raise forecast

MAS and MTI have raised their headline inflation forecast for 2021 to between 1%-2%.
Singapore’s inflation levels continue upward trend in May - THE EDGE SINGAPORE

Singapore economy

Singapore’s inflation levels continue upward trend in May

Singapore's headline inflation grew 2.4% y-o-y in May.
Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020 - THE EDGE SINGAPORE

Singapore economy

Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020

GDP not likely to return to pre-Covid levels until the end of 2021," noted Gabriel Lim, Permanent Secretary for MTI.

Singapore economy

Staying still 'not an option' for Singapore, since it is 'not returning to a pre-Covid-19 world': Chan Chun Sing

Singapore cannot afford to wait out for the coronavirus to abate, as the permanent changes is brings will hinder it from reverting to a pre-Covid-19 economy, Minister for Trade and Industry (MTI) Chan Chun Sing said on August 11.

Singapore economy

Singapore's economy declines a historic 13.2% in 2Q20; 2020 GDP lowered to -7% and -5% : MTI

Singapore’s Ministry of Trade and Industry (MTI) has revised it’s growth forecast for the year to -7% and -5%, from its previous -7% and -4% range.

Disruption and Digitalisation

Singapore and Australia sign digital economy agreement to facilitate a seamless digital trading environment amid Covid-19

The SADEA with Australia enables both countries to create a seamless digital trading environment which is crucial for businesses during the COVID-19 pandemic.

Zest

'Fast lane' travel between Singapore and China gets the green light to start on June 8

Singapore iwill allow essential business and official trips between the republic and six Chinese provinces from June 8
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