SM Lee shared event photos on the social network X, and wrote: “Grateful to the Singaporean Indian community for organising the appreciation dinner ytdy, and for their support all these years. I am confident that the community will continue to help build a stronger and more united Singapore in the years to come!”
Tag: Economy
CDC vouchers worth SGD 300 brighten up the New Year for Singapore households, ahead of Budget 2025
The CDC website has provided a “Step-by-Step Video and Guide for Residents” for help with claiming and using the CDC vouchers. These vouchers can be claimed digitally using Singpass. Flexibility has been ensured by allowing anyone with the CDC voucher link to redeem a voucher; this enables family members to share the vouchers.
ILO says wages are recovering after negative shift in 2022
ILO is saying wages are recovering after negative shift in 2022
Be careful with your cash: Amid geopolitical tensions, MAS advises Singapore to be ready for volatility
In its analysis of the ‘Global Macrofinancial Environment’, the central bank of Singapore said that while global economic activity “has remained resilient”, there was still a risk because of “heightened policy uncertainty, trade tensions, and geopolitical conflicts that increase the probability of adverse shocks”.
King Carl XVI Gustaf and Queen Silvia of Sweden coming to Singapore on state visit from Nov 19 to 21
A Swedish Royal Court press release said: “The aim of the State Visit is to consolidate and develop the good relations between Sweden and Singapore and strengthen economic and political ties, focusing on trade, innovation, investment and green transition.”
Abu Dhabi crown prince visits Singapore; 8 MoUs signed, ranging from AI to clean energy
Reporting on the Singapore visit, the Abu Dhabi Media Office said: “His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended a networking event with members of the UAE-Singapore Business Council, during his official visit to the Republic of Singapore.”
India gives itself Dhanteras gift, shifting 102 tonnes of gold from Bank of England vault
India shifts USD 237K tonnes of gold from Bank of England vault
India remains world’s largest growing economy, but 3 key reforms needed, says IMF Asia-Pacific director
In 2024, the upcoming festival of Diwali, celebrated by the Indian diaspora around the world, is expected to see a total domestic spending of INR 1.8 trillion (USD 21.18 billion) by urban Indians alone. The size of the whole Diwali market in India is about 2.5 times that figure.
Rajasthan economy can grow even faster than India, says Col Rajyavardhan Rathore at Singapore investor meet
In the run-up to this investor meet in Singapore, Memoranda of Understanding (MoUs) worth about INR 12.5 trillion (about USD 148.9 billion/ SGD 195 billion) were signed between Rajasthan and companies within and outside India.
Singapore residents take No. 1 spot in Asia and No. 4 in the world in financial asset ownership
The per capita difference between Denmark and Singapore is of a mere EUR 270, which brings Singapore within touching distance of the global Top 3 of financial asset (cash, stocks, bank deposits) ownership.