Understanding Singapore’s 2024 GDP Forecast
Singapore maintains a cautiously optimistic economic outlook despite global uncertainties, with projections indicating a modest growth range of 1 to 3 percent.
Singapore and China Sign Three MOUs, Boost Business Ties
The Singapore-China Economic Partnership Conference held on February 1, 2024, saw the signing of three crucial Memorandums of Understanding.
MAS Sets New Standard with Digital Platform for ESG Data Collection
The Monetary Authority of Singapore launched a new digital platform called Gprnt , which aims to simplify how the financial sector collects, access, and acts upon ESG data.
Singapore and Malaysia Plan Joint Special Economic Zone in Johor State
Singapore and Malaysia are partnering to create a special economic zone in Malaysia’s Johor state, adjacent to the Singaporean border.
Singapore Increases Goods and Services Tax for 2024
Singapore has increased its goods and services tax (GST) rate by one percent to nine percent as of January 1, 2024.
Singapore Economy Recap for 2023
We recap key economic indicators from Singapore in 2023, including trends and opportunities for the city-state.
Singapore Signs FTA With MERCOSUR Bloc
Singapore has signed a free trade agreement with the MERCOSUR trade bloc as the country seeks to expand its trade network in Latin America.
Indonesia and Singapore Implement QR Linkage Payment
Indonesia and Singapore officially launched their cross-border QR payment linkage, enabling consumers and businesses to conduct cross-border transactions instantly.
Singapore Unveils Latest Relief Package to Ease Cost of Living
Singapore’s government unveiled its latest support package to provide more relief for households as well as businesses.
Taxation of Foreign Sourced Income in Singapore Effective January 2024
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.