Minister of Trade and Industry (MTI)

Singapore’s F1 last year generated $27 billion in tourism receipts. But who is the biggest winner?

For Singapore, hydrogen can complement and diversify our power mix alongside solar, imported electricity, says MTI.

For the whole of 2021, the economy grew by 7.2% rebounding from the 5.4% contraction in 2020.

The upgrade, however, comes as no surprise to some.

MAS and MTI have raised their headline inflation forecast for 2021 to between 1%-2%.

Singapore's headline inflation grew 2.4% y-o-y in May.

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

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’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.

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