Tag: singapore
HSBC: Malaysia, Singapore regional hubs for green financing
Malaysia and Singapore are emerging as key regional centers for green and sustainable finance, with Malaysia's green bond and sukuk market reaching US $2.6 billion. The Climate Bonds Initiative, supported by HSBC, reports continued growth in sustainable financial markets, emphasizing the importance of environmentally responsible investment strategies.
Singapore economy grows 1.3% in Q1 but no change to GDP forecast for 2021
Singapore's economy grew by 1.3% in the first quarter of 2021, according to the Ministry of Trade and Industry. Despite the strong performance, the full-year GDP forecast remains unchanged. The government anticipates revising the forecast in August based on global and domestic economic conditions.
Singapore’s exports continue to grow in April but at a slower pace of 6%.
Singapore's non-oil domestic exports (NODX) grew 6% in April, lower than March's 11.9% increase. Growth was supported by hardware exports, semiconductor demand, and a rebound in petrochemical shipments.
