The Global Ripple Effect: How Singapore’s Economy Responds to Recession
Singapore revises 2023 growth forecast to 1.1% due to global economic risks; plans for gradual recovery in 2024.
Category Singapore
Singapore Shines: A Closer Look at its Global Ranking in the Corruption Perception Index
The 2023 Corruption Perceptions Index reveals a global stagnation with an average score of 43, signaling persistent challenges. Singapore leads, while Malaysia rises, attributing success to anti-corruption efforts. Vietnam declines amid intensified anti-graft measures, emphasizing the link between corruption and justice deterioration.
Islet Disputes: Malaysia’s Royal Commission to Examine Singapore Strait Dispute Cases
Malaysia forms royal commission to probe 2018 decision withdrawing ICJ application on Pedra Branca. Focus on potential misconduct and impact on sovereignty dispute with Singapore.
Iswaran’s Charge With Corruption and Its Political Echoes
Singapore, lauded for low corruption, faces shockwaves as ex-Transport Minister S Iswaran faces 27 charges, prompting concerns over PAP's electoral strategy and leadership transition amid a challenging political landscape.
Bridging Economies: Malaysia-Singapore Improves Economic Co-Operation
Malaysia and Singapore collaborate on a Johor-Singapore Special Economic Zone (JS-SEZ) to boost cross-border trade, investment, and people's movement. The initiative includes passport-free passage and renewable energy cooperation, aiming to create a business-friendly environment. The completion of a new light rail transit system connecting Johor Bahru and Singapore is also underway, expected to ease traffic on the Johor-Singapore Causeway.
Global Passport Powerhouses: Singapore Shares the Crown with Five Nations in 2024
Singapore secures top spot on the 2024 Henley Passport Index, leading with 194 visa-free destinations. The country's global standing enhances its role in international business and hospitality.
The Red Sea Conflict: What Ahead of Singapore?
Ongoing Houthi attacks in the Red Sea jeopardize global trade, affecting Singapore's vital shipping industry. Operation Prosperity Guardian responds, while Singapore faces disruptions and potential economic repercussions.
A Closer Look: Singapore’s 1.2% Economic Growth Amidst Global Uncertainties
Singapore avoided recession in 2023, achieving 1.2% GDP growth. Despite global challenges, a positive outlook for 2024 is fueled by recovering global economies and service exports. The nation's electronics and pharmaceutical industries show promise, but an ageing population poses a long-term economic threat.
In the Spotlight: Singapore’s Political Canvas of 2023
In a surprising turn of events, Tharman Shanmugaratnam secured an unprecedented 70.4% victory in Singapore's 2023 Presidential Election, raising questions about PAP's endorsement and the nation's political landscape.
