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Sands Marina Bay Singapore SINGAPORE — Singapore
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Singapore Central Business District - 1 ArtScience Museum - 1 Ministry of Trade - 1 Industry - 1

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☆ Singapore trims 2023 economic growth to 1.1% as manufacturing sector contracts
  + stars: | 2024-02-15 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com   time to read: +1 min
SINGAPORE — Singapore lowered its full-year growth for 2023, as official data on Thursday showed the economy grew 1.1% last year compared to an earlier estimate of 1.2%. Growth in 2023 was largely driven by "other services industries" which grew by 3.9% year-on-year. Information and communications, as well as transportation and storage sectors also drove growth,"All sectors except for the manufacturing sector recorded full-year expansions," the Ministry of Trade and Industry reported. Last year, the manufacturing sector — a key driver of the economy — contracted by 4.3%, reversing from the 2.7% growth in 2022. The construction sector grew by 5.2%, an improvement from the 4.6% expansion in 2022.
Organizations: Singapore Central Business District, ArtScience Museum, Ministry of Trade, Industry Locations: Sands, Marina Bay, Singapore, SINGAPORE — Singapore
☆ Singapore drops pre-departure requirements for travelers, further eases mask rules
  + stars: | 2023-02-09 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +3 min
Changes to travelAll travelers entering Singapore via air or sea must still to submit a health declaration before or on arrival, said the ministry. In addition to removing the need to show proof of a negative pre-departure test, short-term visitors will also not be required to buy Covid travel insurance. Previously, non-fully vaccinated visitors were required to test negative for Covid within 2 days prior to their departure for Singapore. Singapore opened vaccinated travel lanes in April 2022 to facilitate safe resumption of international travel. Further Covid measures were eased at the end of August, as authorities removed indoor mask requirements and allowed non-fully vaccinated travelers to skip quarantine on arrival.
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