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Ministry of Trade and Industry (MTI)
Singapore economy
Singapore's manufacturing sector continues growth trend with 16.4% increase in February
Manufacturing output expanded in Feb, following expansions across sectors such as electronics and biomedical engineering.
March 26, 2021
Singapore economy
Singapore overall inflation edges up to 0.7% in February
Core inflation is estimated to be “mildly positive” in 2021 at 0%-1% say MAS, MTI.
March 23, 2021
Singapore economy
Singapore's manufacturing sector records 8.6% growth in first month of 2021
Broad based expansions were seen across most segments save biomedical manufacturing.
February 26, 2021
Singapore economy
Singapore's headline inflation reverses into the green in January after close to a year
Singapore has begun 2021 on a positive note, with headline inflation coming in positive in January after months.
February 23, 2021
Singapore economy
Stronger economic growth expected in 2021, but 1Q2021 GDP may still be in the red : Economists
The announcement of Singapore’s full-year economic contraction of 5.4% in 2020 has been well received by economists.
February 16, 2021
Singapore economy
Singapore's economy contracts by 5.4% in 2020; expected to grow by 4% to 6% in 2021
Singapore’s economy had ended 2020 with a 2.4% y-o-y contraction in the fourth and last quarter of the year.
February 15, 2021
Singapore economy
Support rendered to firms by Enterprise Singapore in 2020 slated to create 22,000 PMET jobs and $18.4 billion in value-add
15,300 companies had leveraged on the support of government agency Enterprise Singapore in 2020, to embark on different projects
February 05, 2021
Singapore economy
Singapore's core inflation declines further in December, while headline inflation comes flat
MAS to is not expected to recalibrate monetary policy from the current zero appreciation slope of the S$NEER, economists say.
January 25, 2021
STI watch
STI up 0.26% on slowdown in economic contraction in 2020
Week-on-week, the STI climbed 0.39% from the previous week’s 2,840.14 points.
January 04, 2021
Global Economy
UK-Singapore free trade agreement to begin Jan 1
The EU-Singapore Free Trade Agreement (EUSFTA) will then cease to apply to trades between the UK and Singapore.
December 31, 2020