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The capital injection will help Singapore’s tourism sector remain attractive amid intensifying competition, says Minister of State for Trade and Industry Alvin Tan. ....
Singapore News - Projects to revitalise Bukit Gombak and Tampines West will be introduced as part of efforts to help heartland enterprises innovate and seize new opportunities. A new Heartland Enterprise Placemaking Grant will also be launched to encourage heartland merchants to host. Read more at www.tnp.sg ....
The Ministry of Trade and Industry warned of “significant” downside risks that remained in the global economy, such as the risk of an escalation in the Israel-Hamas conflict or war in Ukraine. ....
Singapore's economy grew by 1.1 per cent in 2023, slightly missing initial estimates of 1.2 per cent and slower than the 3.8 per cent expansion the previous year. Still, the Ministry of Trade and Industry has maintained its GDP outlook for 2024, forecasting growth at a range of 1 to 3 per cent. Nadirah Zaidi with more. ....