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Singapore economy
Singapore issues 3,000 work passes for top foreign talent in 2024
Some 3,000 workers were granted Singapore’s Overseas Networks and Expertise Passes, a work pass designed to attract top talent, in 2024.
90% of Singaporean households have claimed $220 vouchers from cost-of-living support scheme
Malaysia offers tax incentives for companies, workers in Johor-Singapore Special Economic Zone
Over 60% of Singaporean households have claimed $220 vouchers from cost-of-living support scheme
More than 60% of Singaporean households have claimed the S$300 (US$220) in Community Development Council (CDC) vouchers, which help alleviate living expenses, within two days of their launch.
January 6, 2025 | 03:41 am PT
Singapore economy grew 4.0% in 2024
Singapore's economy grew 4.0% in 2024, its fastest annual pace since exiting the pandemic, accelerating from an expansion of 1.1% in 2023 and 3.8% in 2022, preliminary government data showed on Thursday.
January 3, 2025 | 08:59 pm PT
Singaporean households receive $220 vouchers to help with cost-of-living challenges
All Singaporean households can claim S$300 (US$220) in Community Development Council (CDC) vouchers starting Friday to help with daily expenses.
January 3, 2025 | 01:09 am PT
Vietnam's GDP predicted to surpass Singapore's in 2029
Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).
December 30, 2024 | 08:45 pm PT
Singapore employees could expect 2-5% salary hike in 2025: HR firms
Singapore employees could expect a salary increase of between 2% and 5% next year, according to recent salary surveys by human resources firms.
December 17, 2024 | 04:00 pm PT
Singapore leads 10 best cities in Asia for expats to work in 2024
The 10 best cities in Asia for expats to work include Singapore, four cities in Japan, and two cities in the United Arab Emirates, according to the Quality of Living City Ranking 2024.
December 9, 2024 | 12:39 am PT
Singapore to give civil servants 1.05-month salary as year-end bonus
The Singapore government will give its civil servants a 1.05-month year-end bonus for 2024, compared to 0.6-month last year.
November 25, 2024 | 09:16 pm PT
Quiz: Which is the most competitive economy in Southeast Asia?
The country distinguished itself in the 2024 World Competitiveness Ranking, excelling in business efficiency, labor market conditions, management practices, attitudes and values, and technological infrastructure.
September 3, 2024 | 03:06 pm PT
Singapore regains title of world's most competitive economy
Singapore is once again the most competitive economy globally in 2024, a position it had lost three years ago, according to a new report by leading business school IMD.
June 19, 2024 | 11:02 pm PT
Amazon to spend nearly $9B to expand cloud infra in Singapore
Amazon.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore, Amazon Web Services (AWS) said on Tuesday.
May 7, 2024 | 12:09 am PT
Singapore's economy topped forecasts in 2022 but new risks growing
Singapore's economy grew faster that official forecasts in 2022 but slower activity in the fourth quarter points to significant risks ahead for the city-state in the new year as global demand weakens and inflationary pressures weigh.
January 2, 2023 | 06:40 pm PT
Singapore warns slower economic growth in 2023
Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export markets including the United States, Europe and China, as rising interest rates and the Ukraine war cause headwinds.
November 22, 2022 | 08:25 pm PT