Economy

Singapore holds ground as Asia’s wealth shifts, report finds

About 73% of HNWIs increased diversification over the past 12 months.
2 days ago

Singapore, China should deepen green, AI, and ageing ties: Chee Hong Tat

These areas have become key amidst climate pressures and demographic shifts.
2 days ago

HKSTP bets on one-campus model to boost startups

The integrated approach contrasts with Singapore's decentralised support system.
3 days ago

F&B sales stall in May

Restaurants grew, but declines elsewhere kept overall turnover unchanged.
3 days ago

Retail sales growth cools in May

Monthly sales fell as consumer purchases eased after April's stronger performance.
3 days ago

Gulf War truce collapse could disrupt Singapore's AI-led boom

Non-oil exports are forecast to nearly quadruple official growth guidance.
3 days ago

CFOs stay bullish on local economy despite global gloom

96% expect the Middle East conflict to hurt the world economy this year.
3 days ago

Maybank cuts STI target to 5,500, keeps re-rating thesis intact

It cited dowgrades in market earnings per share due to high energy costs.
6 days ago

Renewed EnterpriseSG-JETRO pact expands into AI, biotech, and energy

SMEs and corporates gain access via business matching and ecosystem linkages.
6 days ago

Export prices dip 0.8% in May as oil retreat offsets non-oil gains

Annual prices still up 14.7% with oil index surging 62.2% YoY.
6 days ago

Singapore keeps investment screening rules as FDI hits record $197b

Investors must seek approval for specified ownership changes in nine designated entities.

Stocks index up 4.5% in June as exports surge, inflation cools

Non-oil domestic exports expanded 38.4% year on year in May.

Households earning at least $30k monthly nearly double in five years

Investment gains rose from 9.6% to 13.5% of total income. 

Singapore ranks 6th globally in average wealth in 2025

Median wealth ranked 20th globally at $125,364.

Analysts split on industrial outlook despite shared 13% IP gain

UOB lifts GDP forecast to 4% whilst RHB flags pharma front-loading risk ahead of US tariff.

Import prices fall 1.6% in May, reversing April gains

Lower oil prices pulled the import index down 1.6% even as non-oil costs continued to climb.