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Ministry of Trade & Industry (MTI)
Singapore economy
Singapore’s GDP up by 0.7% in 2Q2023: MTI estimates
Overall GDP was dragged by the contraction in the manufacturing sector.
July 14, 2023
Singapore economy
Singapore’s headline inflation down to 5.5%, MAS core inflation down to 5% in March (update)
Headline and core inflation both moderated from February's print of 6.3% and 5.5%.
April 24, 2023
Singapore economy
Singapore's GDP grew by 3.8% in 2022: MTI's flash estimates
In the 4Q2022, Singapore's GDP grew by 2.2% on a y-o-y basis.
January 03, 2023
Singapore economy
Singapore's GDP growth expected to come in 'around 3.5%' in 2022: MTI
At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.
November 23, 2022
Singapore trade
Singapore signs memorandum of corporation on trade and investment with Bangladesh
The MCTI is said to help Singapore companies diversify their markets by tapping on the strong growth potential of Bangladesh.
November 18, 2022
Singapore economy
Singapore's GDP grows by 4.4% in 3Q2022: flash estimates
On a q-o-q seasonally adjusted basis, the economy expanded by 1.5%.
October 14, 2022
Global Economy
Malaysia ratified to CPTPP at Singapore-chaired meeting
Minister for Trade and Industry Gan Kim Yong says that discussions on the UK’s accession to the CPTPP are “on-going”.
October 08, 2022
Singapore economy
Singapore narrows and lowers GDP growth forecast, citing 'deteriorating' global outlook
MTI has lowered Singapore’s GDP growth forecast for 2022 to 3% to 4% from 3% to 5% citing a worsening global economic environment.
August 11, 2022
Singapore economy
Singapore narrows 2022 GDP forecast range to 3-4%
The current consensus forecast of private sector economists is for a 3.8% growth this year.
August 11, 2022
Singapore economy
Singapore's GDP up by 4.8% in 2Q2022: MTI estimates
On a q-o-q seasonally-adjusted basis, the quarter’s GDP remain unchanged after a 0.9% expansion in the 1Q2022.
July 14, 2022