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No-deal Brexit will not 'fundamentally impair' UK-Singapore trade: MTIEVEN if the United Kingdom (UK) leaves the European Union (EU) without a withdrawal agreement having been agreed upon, the Ministry of Trade and Industry's assessment is that 'trade between the UK and Singapore will not be fundamentally impaired', said Minister for Trade and Industry Chan Chun Sing in a written reply to a parliamentary question on Monday night. Read more at The Business Times.
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Singapore Budget 2019 statement to be delivered at 3.30pm on Feb 18FINANCE Minister Heng Swee Keat will deliver the Budget 2019 statement in Parliament at 3.30pm on Feb 18. Read more at The Business Times.
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EDB expects Singapore to attract S$8b to S$10b in fixed asset investment in 2019DESPITE slowing global growth, the Republic is expected to attract S$8 billion to S$10 billion in fixed asset investments (FAI) in 2019, in line with previous years, the Singapore Economic Development Board (EDB) said at its year-in-review briefing on Thursday. Read more at The Business Times.
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Singapore merchandise trade, non-oil exports ease in 2018; no change to 2019 growth forecastGROWTH of both trade and exports eased in 2018, leading trade promotion agency Enterprise Singapore to maintain its growth forecasts for non-oil domestic exports (NODX) and total merchandise trade at zero to 2.0 per cent for 2019. Total trade crossed the S$1 trillion mark last year. Read more at The Business Times.
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After 3 record years, tourism may lose some steam in 2019AFTER three years of record highs in visitor arrivals and tourism spending, the Singapore Tourism Board (STB) is now 'cautiously optimistic' about 2019, due to the volatility of the external environment and stiffer regional competition. Read more at The Business Times.
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Growth in manufacturing, services slowed in 2018, trend expected to continue this year: MTIGROWTH of both the manufacturing and services sectors slowed down in 2018, but construction appears to have bottomed out, according to the latest figures from the Ministry of Trade and Industry (MTI) on Friday. Read more at The Business Times.
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EDB forecasts 'sustained' investments of up to S$10 billion in 2019SINGAPORE: Despite significant uncertainties in 2019, investment commitments in Singapore are expected to be 'sustained at 2018 levels', the ...
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