Economy
Singapore’s revised green goal: Achieve net zero emissions by 2050
Singapore’s revised green goal: Achieve net zero emissions by 2050
It seeks to cut emissions to about 60 million tonnes of carbon dioxide in 2030.
Core inflation grew 5.3% YoY in September due to 'large' hike of food prices
This is an increase from 5.1% growth in August.
Green goals or business growth? Majority of SMEs find it hard to balance both
It is businesses’ top obstacle to shift to sustainable business models.
Chart of the day: Physically healthy Singaporeans are also financially fit
A study revealed that 55% of financially fit are also physically and mentally healthy.
Around 7 in 10 say rising cost of living prevents them from making sustainable choices
The majority would prioritise saving money over saving the planet.
Chart of the day: Singaporeans spend 5 hours a day in apps in Q3
This was a 40% increase from the previous quarter.
Singapore is 5th most expensive market for data centre construction
This is partly due to changes in planning conditions.
‘Expert’ investors more likely to see long-term gains in green investing
67% of investors in Singapore believe sustainable investing will have long-term returns.
Four parties back environmental sustainability improvement tool for businesses
They signed an MoU with the developers of Green Compass.
Singapore, Vietnam deepen ties in sustainability, innovation and digitalisation
The countries agreed to partner in infrastructure and manufacturing amongst others.
Exports momentum may be slow in Q4: analysts
This may be dragged by the softening demand in East Asia.
Gov't seeks to put up 20 R&D centres, hire 200 research scientists
It forms part of government's goal to help the energy and chemicals sector.
Singapore, Australia sign green deal
This covers seven areas of cooperation.
Exports growth slows to 3.1% in September
This is down from the 11.4% growth in August 2022.
Headline inflation expectation rises to 4.6% in September: DBS, SMU
This is the highest recorded expectation since December 2011.
GDP to grow 3.7% YoY in 2022: RHB
The forecast was revised upward from 3.2%.
Economy slightly eases in Q3: flash estimates
It grew 4.4% YoY from 4.5% YoY in Q2.
Commentary
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