According to the Ministry of Trade and Industry, this working session marked the first official ministerial-level meeting between the two countries since the new US administration took office.
Singapore's economy grew by 1.2% last year, avoiding a recession amid a global economic slowdown stemming from high interest rates, according to preliminary data released by the Ministry of Trade and Industry on January 2.
Singapore's economy grew at a faster pace than expected in the third quarter of 2023, driven by the rebound in the tourism and manufacturing sectors compared to the previous quarter, according to the estimated data from the Ministry of Trade and Industry (MTI).
Singapore’s economy grew by 0.4% on a year-on-year basis in the first quarter of 2023, lower than the 2.1% expansion in the previous quarter, the Ministry of Trade and Industry announced on May 25.
Singapore’s core inflation, exclusive of private transport and accommodation costs, rose 5% year on year in March, lower than the 5.5% recorded in February and experts’ estimate of 5.1%.
The Singaporean economy grew only 0.1% year-on-year in the first quarter of 2023, slowing from 2.1% growth in the previous quarter, according to official estimates released by the Ministry of Trade and Industry (MTI) on April 14.
Petrol prices increased up to 490 VND per litre in the latest adjustment from 3pm on March 13 by the Ministry of Industry and Trade, and the Ministry of Finance.
Singapore and Brunei have pledged to deepen cooperation in the fields of energy, green economy, and food and medical supply resilience, according to Singapore’s Ministry of Trade and Industry (MTI).
The Singapore economy grew by 7.6 percent in 2021, compared to a previous estimate of 7.2 percent, the Ministry of Trade and Industry (MTI) has said, while the growth forecast for this year has been maintained at 3-5 percent.
The draft Power Development Plan VIII is being revised again and expected to be submitted to the Prime Minister for approval in the first quarter of 2022, an official said in a press conference of the Ministry of Trade and Industry (MoIT) on January 12.
Singapore's economy expanded more than initially estimated in the second quarter from a year ago, according to the Ministry of Trade and Industry (MTI), and the government upgraded its growth forecast for the full year, according to Reuters news agency.
Singapore and the Pacific Alliance (PA) have concluded negotiations on a free trade agreement, towards the signing of the deal in late 2021, the Singaporean Ministry of Trade and Industry announced on July 22.
The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam.
Singapore’s Ministry of Trade and Industry (MTI) announced on May 25 that it would maintain the country’s GDP growth forecast for 2021 at 4 to 6 percent, in view of the heightened uncertainties in the economic environment, characterised by both upside and downside risks, especially arising from the COVID-19 pandemic.
The Commission for the Management of State Capital at Enterprises (CMSC) must continue to support managers of 12 struggling mega-projects under the Ministry of Trade and Industry with the State’s capital investment, heard a conference in Hanoi on March 19.
