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Singapore economy
Manufacturing recovery to help lift Singapore’s 2024 GDP but humps aplenty
Based on the advanced estimates released by the MTI on Jan 2, Singapore’s 4Q2023 GDP grew by 2.8% y-o-y and 1.7% q-o-q.
January 04, 2024
Singapore news
Singapore introduces Significant Investments Review Bill to regulate critical entities
The bill will set out a new investment management regime that applies to local and foreign investors.
November 03, 2023
SIngapore energy market
Gan Kim Yong announces single gas buyer for power generation next year, six shortlisted for ammonia project
MTI and EMA will establish a single buyer of natural gas for Singapore’s power generation sector next year.
October 23, 2023
Singapore economy
Singapore’s headline inflation increases to 4.1% y-o-y; core inflation eases to 3.0% in September
The country’s core inflation is projected to range between 2.5% to 3.0% y-o-y by December, say MAS and MTI.
October 23, 2023
Singapore economy
Singapore’s 3Q2023 GDP expanded by 0.7%: MTI
On a q-o-q seasonally-adjusted basis, the economy expanded by 1.0%.
October 13, 2023
Singapore economy
Singapore’s headline inflation eases further to 4.0% while core inflation moderates to 3.4% in August (update)
Looking ahead, core inflation is expected to moderate further over the next few months, says MAS and MTI.
September 25, 2023
Singapore economy
Headline inflation falls to 4.1% while core inflation declines to 3.8% on y-o-y basis in July
On a m-o-m basis, core inflation rose by 0.2% while headline inflation fell by 0.2%.
August 23, 2023
Singapore economy
Analysts keep earlier growth projections despite official narrowing of GDP growth range
Singapore narrowed its full-year GDP growth projection range to 0.5% to 1.5%, down from its previous estimate of 0.5% to 2.5%.
August 17, 2023
Singapore economy
Singapore expects to avoid recession this year
The MTI maintained its full-year GDP growth forecast of between 0.5% and 2.5%, with growth likely to come in around the midpoint.
May 25, 2023
Singapore economy
Singapore's headline inflation at 6.6% y-o-y while MAS core inflation at 5.5% in January
For 2023, MAS and MTI have projected Singapore’s headline and core inflation to average 5.5%–6.5% and 3.5%–4.5% respectively.
February 23, 2023