Ministry of Trade and Industry (MTI)

Singapore economy

Singapore's factory output moderates to 0.7% decline in December

For now, economists expect the worst to be over.

Singapore economy

Singapore manufacturing output beats estimates with 4% growth in October

SINGAPORE (Nov 26): Singapore’s industrial production came in stronger than expected in October, increasing 4.0% year-on-year on the back of a 24.0% jump in biomedical manufacturing output.

National Day Rally 2019

No need yet for economic stimulus, PM says, as Singapore looks to infrastructure for the future

SINGAPORE (Aug 19): Even as Singapore teeters on the edge of a technical recession, Prime Minister Lee Hsien Loong says there’s no need yet for immediate economic stimulus measures.

Singapore economy

Singapore slashes GDP, trade forecasts as economy stalls

SINGAPORE (Aug 13): Singapore has further cut its GDP growth forecasts and trade growth projections for 2019, amid continued global economic uncertainty over escalating US-China trade tensions.

Singapore economy

A recession may be just around the corner if trade war tensions continue

SINGAPORE (June 10): Singapore is at risk of a recession if the trade war escalates,” Chua Hak Bin, senior economist at Maybank Kim Eng, tells The Edge Singapore. His comment comes amid rising global economic uncertainty and its resultant effects on the

Singapore economy

Singapore's lowest GDP growth in 2 years comes with manufacturing warning

SINGAPORE (Feb 15): Singapore's economy grew at its slowest pace in more than two years in the fourth quarter, data showed on Friday, and the city-state's trade ministry warned that manufacturing is likely to face significant moderation this year.

Careers & Training

Singapore leads the way in regional online recruitment activity: Monster

SINGAPORE (Nov 20): Singapore is set to continue on its upward hiring trajectory this year given its strong position in the market, as highlighted by the third quarterly Monster Employment Index (MEI) report by Monster, the online career & recruitment pla

Singapore economy

MTI foresees slower 2H for Singapore's economy; maintains 2018 GDP growth forecast at 2.5-3.5%

SINGAPORE (Aug 13): The Ministry of Trade and Industry (MTI) expects Singapore’s economic pace of expansion to moderate in 2H18 against an external backdrop of a weakening global growth outlook, as well as increased uncertainties and risks in the global

Singapore economy

Singapore GDP growth eases to one-year low: MTI prelim data

SINGAPORE (July 13): Singapore’s economy expanded at a slower pace than forecast in the second quarter, clouding the outlook for the export-reliant city state at a time when global trade risks are rising.

Careers & Training

Singapore employment doubled in 2017 as foreign hires continue decline: MOM

SINGAPORE (Mar 15): In line with the pickup in economic activity, Singapore’s local labour market showed marked improvement over 2017, with growth in local employment and a decline in the annual unemployment rate when compared to a year ago.
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