Economy

Singapore trade hits $1.23t in 2024 driven by strong flows

Singapore trade hits $1.23t in 2024 driven by strong flows

The tracker showed that Singapore’s top five export flows were electrical machinery and equipment to Hong Kong SAR.

Singapore signs MoU with UK cybersecurity standard alignment for consumer IoT devices

Agreement harmonises smart device labelling standards between the two countries.

CSA launches Safe App Portal pilot for mobile app security

Six-month trial allows developers to scan and assess app safety.

Singapore consumers’ inflation expectations hit lowest level since 2021

One-year-ahead inflation expectations declined across all major components.

Electronics boom powers Singapore’s September export surprise: analysts

Singapore’s non-oil domestic exports (NODX) rose 6.9% YoY in September.

Banks raise Singapore's GDP forecast amidst strong data

The city-state’s GDP grew 2.9% year on year in the third quarter of 2025, exceeding the 2.0% forecast.

SG, Shanghai deepen bilateral trade

OCBC Bank signed an MoU with Shanghai fintech firm, XTransfer.

ASEAN Energy ministers endorse new frameworks for energy cooperation

The regional meeting deepened cross-border cooperation.

On-time corporate tax filing for 2024 reaches record 90.4%, IRAS says

IRAS prosecuted 4,500 firms ahead of the 30 November filing deadline.

NODX grows 6.9% YoY in September

Total trade rose by 14.9% YoY during the month.

Aztech Global profit falls 55.5% in 9M as IoT orders slow

Revenue down 40.9% YoY to $318.9m; free cash flow totals $14.5m

SG pharma firms delay US expansion amidst tariff clarifications: Minister Gan

The new tariffs were put on hold so companies could negotiate exemptions with US officials.

Economy undergoing 'structural' change, not slowdown: analyst

eToro’s Zavier Wong says services strength highlights the economy’s pivot from trade reliance.

Economy expands 2.9% in Q3 as services anchor growth

Growth eased from 4.5% as manufacturing stalled and services held firm.

Singapore, New Zealand set 10-year agenda under strategic partnership

The inaugural New Zealand–Singapore Leadership Forum will also be launched in 2026.

SG, AU sign MoU on green and innovation collaboration

The Prime Minister said it will further strengthen Singapore and Australia's ties.

NetLink NBN Trust opens $110m Seletar Central Office

It aims to enhance Singapore’s Nationwide Broadband Network.