News
MOM’s Business messages and announcements for TACs, 1 Jun
As the Singapore economy continued to grow in 2022, there was a strong increase in the proportion of profitable firms
June 1, 2023
S’pore home to world’s largest production facility for jet fuel made from waste materials – The Straits Times
SINGAPORE – Singapore is now home to the world’s largest production facility for jet fuel made from waste materials like used cooking oil and animal fats – a significant step in the nation’s drive to reduce carbon emissions.
May 19, 2023
Updates from MOM on COMPASS
A new points-based Complementarity Assessment Framework (COMPASS) that will apply to new Employment Pass (EP) applications from 1 Sep 2023, and to EP renewals from 1 Sep 2024.
May 3, 2023
EuroCham Survey: European businesses in Singapore concerned about rising rental costs for businesses and staff – The Online Citizen
The increasing cost of rental for residential and office spaces in Singapore is causing concerns for both international and local business communities.
March 28, 2023
Rising rents hit European businesses in Singapore, cause anxiety among employees – The Straits Times
SINGAPORE - Rising rents and costs amid inflation have led to European businesses operating in Singapore consider shifting operations out of the country, while employees exhibit visible anxiety and psychological distress over the higher residential rental costs.
March 28, 2023
Amid soaring rentals, 7 in 10 firms ready to move expat staff overseas: Survey – Today Online
SINGAPORE — Half of expatriates here have been hit by rental increases of more than 40 per cent, while about seven in 10 businesses are ready to relocate their staff out of Singapore if there is no relief from rising operating costs, a survey has found.
March 28, 2023
Press Release – Rising Costs of Rental in Singapore Survey Report 2023
International and local business communities based in Singapore have raised their concerns over the rising cost of residential and office spaces.
March 27, 2023
BT, UOB extend deadline for Sustainability Impact Awards to Apr 30 – The Business Times
INDIVIDUALS and companies have till Apr 30 to submit their nominations for the inaugural Sustainability Impact Awards organised by UOB and The Business Times (BT).
March 24, 2023
Joint Statement by the EU and Singapore Domestic Advisory Groups (DAGs), established under the EU-Singapore Free Trade Agreement (FTA), presented at the 2nd EU-Singapore FTA Trade and Sustainable Development Public Stakeholders’ Forum, March 23
We welcome the organisation of the 2nd EU-Singapore FTA Trade and Sustainable Development Public Stakeholders Forum, hosted by the EU on 23 March 2023.
March 23, 2023
Southeast Asia Political and Economic Update, March 9
Anwar Ibrahim was keen to project a sense of permanence and direction in his position as Malaysia’s tenth premier as he crossed 100 days in office, giving broad hints on intended policy priorities for the next two to three years during his recent Budget 2023 announcement.
March 10, 2023
Vriens & Partners: Singapore: 2023 Budget debate takes on domestic, conservative posture amid 4G leadership transition
Singapore’s 9-day debate on the 2023 Budget was characterized by an outsized focus on social policies and politically critical cost-of-living priorities.
March 9, 2023
SBF Media Release: Singapore Budget 2023 to bolster the strengthening of capabilities and innovation for sustainable growth
Singapore businesses started the year on a more cautious note as they expect elevated cost pressures to persist.
February 15, 2023
