The Monetary Authority of Singapore (MAS) said in a report on December 13 that economists and analysts polled in the quarterly Survey of Professional Forecasters expect the country's gross domestic product (GDP) to expand by 2.3% in 2024.
Singapore and China will put in place a 30-day mutual visa exemption agreement early next year, the Singapore Ministry of Foreign Affairs announced on December 7.
Malaysian Home MIniser Saifuddin Nasution said on December 5 that Singaporeans travelling to Malaysia will not be required to fill up the Malaysia Digital Arrival Card (MDAC), which will otherwise be compulsory from January 1 for foreign travellers.
Aggregate household debt in Singapore fell for the eight consecutive quarter to 1.2 times personal disposable income in the third quarter of 2023, the lowest level in over a decade, the Monetary Authority of Singapore (MAS) said in its Financial Stability Review for this year.
According to Singapore’s Changi Airport Group (CAG), overall passenger figures in October 2023 recovered to 90.7% of 2019 levels, the highest percentage since the COVID-19 pandemic struck. The main factor contributed to the growth was attributed by passenger traffic between Singapore and the Republic of Korea (RoK) which eclipsed pre-pandemic levels by 36%.
Singapore maintained its pole position as the world’s most expensive city for the ninth time in the last eleven years, tying with Zurich (Switzerland) and overtaking New York (US), which fell to third place this year, according to the EIU's Worldwide Cost of Living survey.
The Monetary Authority of Singapore (MAS) and Bank Indonesia (BI) have freshly debuted a cross-border quick response (QR) payment linkage between the two nations.
The Singapore Institute of International Affairs (SIIA) has published a report entitled "Incentivising Green Transition in ASEAN", focusing on green transition in agriculture, energy and carbon market in the region.
The Ho Chi Minh National Academy of Politics (HCMA), in collaboration with the Embassy of Singapore in Vietnam and Singapore’s Lee Kuan Yew School of Public Policy, held a dialogue on achievements and prospects of 50-year Vietnam-Singapore relations in Hanoi on November 17.
Politburo member and Minister of Public Security To Lam held talks with visiting Minister for National Security of Singapore Teo Chee Hean in Hanoi on November 16.
Vietnamese Finance Minister Ho Duc Phoc met bilaterally with Treasurer of Australia Jim Chalmers, Japanese State Minister of Finance Katsuo Yakura, and Singaporean Second Minister for Finance Indranee Rajah on November 12, on the occasion of their attendance at the 2023 APEC Finance Ministers’ Meeting in San Francisco.
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