Ministry of Trade and Industry

Singapore's government arm that promotes economic growth, and creates jobs, to enable Singaporeans to improve their lives.

See below for the Latest Ministry of Trade and Industry News, Analysis, Profit Results, Share Price Information, and Commentary.

Singapore partner with US and Vietnam to boost cross-border electricity trade

This will focus on knowledge sharing and capacity building amongst others. 

Singapore partner with US and Vietnam to boost cross-border electricity trade

This will focus on knowledge sharing and capacity building amongst others. 

Gov't identifies 9 designated entities under the Significant Investments Act

The entities include ST Logistics and ST Engineering Marine.

Inflation stable as lower housing costs offset transport rise

Headline and core inflation came in at 2.7% and 3.1% YoY, respectively.

Chemicals cluster forecasts brighter business prospects

A net weighted balance of 2% of firms projects improved business conditions in 2Q-3Q.

JTC strengthens board with new and returning members

The corporation also retained Tan Chong Meng as chairman.

Inflation rises to 3.4% YoY in February

This is faster following a 2.9% slowdown in January.

Inflation eases to 2.9% YoY in January

In December 2023, headline inflation rose 3.7% YoY.

Economy grows 1.1% in 2023; MTI retains 2024 growth forecast at 1.0%-3.0%

Economic growth moderated from 2022, when Singapore recorded a 3.8% YoY expansion.

Gov’t names fair tenancy committee members as measure on retail leases takes effect

The new members will serve the committee for two years in their first term. 

Inflation edges up to 3.7% in December

In 2023, headline inflation averaged 4.8%.

F1 contracts not disadvantageous to the government: MTI

The government said preparations for the Grand Prix are “on track.”

Transport Minister Iswaran resigns amidst corruption charges

Chee Hong Tat will replace the embattled transport minister.

SG, Malaysia ink MoU on special economic zone

The countries will also work on seven more initiatives related to the economic zone.

Singapore, Papua New Guinea ink deal for carbon credits collaboration

The deal comes following the memorandum of understanding signed at the COP27.