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Enterprise Singapore (EnterpriseSG)
Startups, Entrepreneurs, Digital economy
Growing number of VCs directing capital to young startups amid eight year-low deal activity in Asia, EnterpriseSG report
The report finds that Singapore maintained its lead in equity funding in 2023 among the Asean 6, but funding volume fell 44.7%.
April 03, 2024
Singapore economy
Analysts note ‘muted’ 1Q2024 NODX as February’s numbers disappoint
Analysts from OCBC, UOB and Maybank are keeping their FY2024 NODX estimates unchanged.
March 18, 2024
Singapore economy
Singapore’s 2023 NODX on track to see worst performance since 2001
Analysts from OCBC and UOB expect Singapore's full-year NODX to come in at -12.5% and -12.6% respectively.
December 18, 2023
Singapore economy
Singapore's NODX swing to growth first time in 14 months
Official data Monday showed non-oil domestic exports grew 1% in November, slower than the median expectation for a 1.5% gain.
December 18, 2023
Singapore economy
Singapore’s NODX declined by 3.4% y-o-y in October mainly due to Taiwan, the US and South Korea
The decline eased from September’s 13.2% contraction as both electronics and non-electronics fell less sharply from a low base.
November 17, 2023
Singapore economy
Analysts mixed on September’s NODX numbers
In September, NODX declined by 13.2% y-o-y, which stood better than the Bloomberg consensus forecast of -15%.
October 19, 2023
Sustainability
Enterprise Singapore developing new local, international sustainability standards and accreditation schemes
Among the earliest standards to be adopted here is a new standard on electrical energy storage systems, targeted for mid-2024.
September 29, 2023
Singapore economy
Analysts expect full-year NODX to contract beyond the official -10% threshold after August’s 20.1% decline
OCBC is expecting Singapore's 2023 NODX to contact by "at least" 11% while UOB has lowered its estimates to -15%.
September 18, 2023
Singapore economy
Singapore’s July NODX contracts by 20.2% y-o-y mainly due to declines to the EU 27, Taiwan and China (update)
Total trade fell by 20.8% y-o-y in July as both exports and imports decreased.
August 17, 2023
Singapore economy
Singapore’s NODX declines by 15.5% in June mainly due to Malaysia, Indonesia and South Korea (update)
On a m-o-m seasonally adjusted basis, NODX grew by 5.4% in June to $14.5 billion.
July 17, 2023