Singaporean Prime Minister Lawrence Wong announced on Tuesday that the country's economy grew by 4.0 percent in 2024, "exceeding expectations." "With the strong economy, I expect real incomes to rise further," Wong said in his ...
“While the external environment is generally supportive of growth, uncertainties in the global economy such as a more challenging and competitive trade environment could weigh on global trade and growth,” it said. 2024 GROWTH UPGRADEDFor 2024, ...
This photo taken on May 23, 2024 shows several skyscrapers in the financial district of Singapore. The Singapore economy grew 2.7 percent year-on-year in the first three months of 2024, extending the 2.2 percent expansion in the previous quarter, according to the quarterly economic survey issued...
Workers set up scaffolding at the Padang in Singapore on April 12, 2024. The Singapore economy grew by 2.7 percent year on year in the first quarter of 2024, faster than the 2.2 percent growth in the previous quarter, according to advance estimates issued by the Ministry of Trade and Indust...
All in all, the city-state’s economy not only showcases stability but also presents diverse opportunities for investors across multiple sectors. Yet, it remains crucial to also acknowledge potential risks. External growth slowdown, inflationary pressures, and potential spillover effects from China’s...
Despite global uncertainties, Singapore ranks among the most competitive economies in the world. GDP growth for Singapore in 2024 is projected to be in the range of 1-3 percent. In Q1 2024, Singapore’s economy grew 2.7 percent year-on-year—the fastest in 18 months. ...
Economy & Politics› Economy Premium Premium statistics Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. Read more YoY quarterly GDP growth rate Singapore Q1 2020- Q2 2024 ...
Enhance enterprise capabilities in digitalisation, decarbonisation, and internationalisation Strategic moves towards future growth and competitiveness This article was first published in The Business Times on 11 Jan 2024 Singaporecategory Budget 2024 can help businesses stay resilient amid uncertainty ...
Singapore sells seats across four cabins: first, business, premium economy, and economy. However, not all flights will have every cabin. For instance, the world’s longest nonstop flight, from New York to Singapore, is flown on the carrier’s Airbus A350 in an “ultra-long haul configuratio...
Sized against the Singaporean economy, the residential mortgage market was equivalent to 33% of GDP in current prices in 2023, slightly up from 32.1% the previous year but below the estimated 45.1% a decade ago in 2014. Based on the latest reporting from the DOS, the current share of mortg...