IN THE NEWS

On a year-on-year basis, retail sales rose 1.1% in July 2023, following the 1.0% increase in June 2023. Excluding motor vehicles, retail sales increased 0.4%, extending the 2.3% growth in June 2023. On a seasonally adjusted basis, retail sales rose 0.6% in July 2023 over the previous month, partly attributed to higher sales of motor… View Article
Read More
On a year-on-year basis, retail sales rose 1.1% in June 2023, following the 1.8% growth in May 2023. Excluding motor vehicles, retail sales increased 2.5%, compared to the 1.7% growth in May 2023. On a seasonally adjusted basis, retail sales decreased 0.8% in June 2023 over the previous month. Excluding motor vehicles, seasonally adjusted retail… View Article
Read More
On a year-on-year basis, retail sales rose 1.8% in May 2023, compared to the 3.7% increase in April 2023. Excluding motor vehicles, retail sales rose 1.8%, compared to the 4.3% increase in April 2023. On a seasonally adjusted basis, retail sales declined 0.2% in May 2023 over the previous month. Excluding motor vehicles, seasonally adjusted… View Article
Read More
The Singapore Standards Council (SvSC), which develops national standards and represents Singapore at international forums such as the ISO, is looking to interest Young Professionals to join the Singapore Standardisation Programme. A series of “Young Professionals (YP) Awareness Workshops” will be conducted in end-June 2023 to raise awareness among our younger Services workforce on the… View Article
Read More
On a year-on-year basis, retail sales increased 3.6% in April 2023, following the 4.5% increase in March 2023. Excluding motor vehicles, retail sales grew by 4.2%, extending the 4.0% increase in March 2023. On a seasonally adjusted basis, retail sales increased 0.3% in April 2023 over the previous month. Excluding motor vehicles, seasonally adjusted retail… View Article
Read More
On a year-on-year basis, retail sales increased 12.7% in February 2023, reversing the 0.8% decline in January 2023. Excluding motor vehicles, retail sales rose 11.7%, following the 2.1% increase in January 2023. The year-on-year increase in retail sales was partly attributed to a lower base, as some shops were not open during the Chinese New… View Article
Read More
Retail sales fell 0.8% in January 2023 on a year-on-year basis, reversing the 7.7% increase in December 2022. The decline was attributed mainly to lower motor vehicle sales -23.5% that corresponded with the lower Certificate of Entitlement (COE) quota.  Excluding motor vehicles, retail sales rose 2.1%, following the 9.8% increase in December 2022. On a… View Article
Read More
Budget 2023 introduces new and enhanced initiatives to help your business pursue growth amid a more challenging economic environment. No matter the stage of growth your business is at, we will work with you to build new capabilities in digitalisation and sustainability, press on with innovation, and make your mark globally. These efforts to transform will not… View Article
Read More