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Singapore economy
Singapore economy
Singapore's NODX expands by 9.5% in February, easing from January's growth
NODX to the top 10 markets rose on the whole in February, with the largest contributors being the EU 27, China and Malaysia.
March 17, 2022
Singapore economy
Singapore's GDP tipped to grow by 4.0% in 2022: MAS survey
According to the survey, the Singapore economy is most likely to grow by 3.0% to 4.9% in 2022.
March 09, 2022
Budget 2022
Singapore's GST to be raised to 8% in 2023 and 9% in 2024; Minimum Effective Tax Rate for corporates to be explored
The last time Singapore raised its GST was from 5% to the current 7% in July 2007.
February 18, 2022
Budget 2022
Government injects $500 million to support businesses and jobs as Singapore's economy recovers
Dubbed ‘Charting Our New Way Forward’ Budget 2022 seeks to give Singaporeans the confidence to embrace the journey forward.
February 18, 2022
Singapore economy
Singapore posts rebound in 2021 GDP, just before impending GST hike
Gross Domestic Product growth in 2021 was driven mainly by the manufacturing, finance and insurance and wholesale trade sectors
February 17, 2022
Singapore economy
Singapore's NODX up 17.6% in January; expands 12.1% in 2021
ESG has kept its estimate for both total merchandise trade and NODX at 0.0% to +2.0% for 2022.
February 17, 2022
Singapore economy
Singapore’s economy grows by 7.6% in 2021; 2022 GDP forecast range maintained at 3% to 5%
MTI is keeping its growth forecast range for 2022, despite a slight deterioration in the outlook for external demand.
February 17, 2022
Singapore economy
Support rendered to firms by Enterprise Singapore in 2021 expected to create 23,000 skilled jobs and $17.9 billion value
22,100 enterprises in Singapore had leveraged on the support of Enterprise Singapore in 2021
February 12, 2022
Singapore Budget
Singapore Budget 2022: A highly consequential budget
Judgements have to be made on revenues and the potential demands on spending in the midst of great uncertainty
February 10, 2022
Budget 2022
A Budget to rebuild and restore the economy
Singapore’s economy is on a firmer footing two years into the pandemic, but challenges remain
January 29, 2022