Economy
Domestic supply prices fall 1.9% in May
Domestic supply prices fall 1.9% in May
Lower petroleum prices offset continued increases in non-oil goods.
Freight services prices jump 4.5% in Q1 on pricier oil and supply disruptions
Accounting services, cargo, and warehouse storage prices all rose.
Gov't urged to boost ranks of $1b revenue local firms: ESR
Overseas expansion has become harder amidst trade and supply chain risks.
MAS pauses policy tightening amidst 30% risk of Gulf War energy shock
Maybank notes fuel costs and supply shocks have not triggered consumer price spikes.
Transport costs keep inflation elevated despite stable headline rate
May inflation was unchanged at 1.8%.
Core inflation holds at 1.4% in May on weaker services
However, food prices rose to 1.8% from 1.6% in April.
Low employee engagement inflicts a $95b productivity hit
Daily stress affects over half of younger staff amidst higher costs.
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
SMEs need to treat migration as a staged process rather than a one-time upgrade.
GDP seen hitting 4.6% as AI drives NODX higher: Nomura
The outlook tops official 2–4% estimates.
Singapore accounts for 1% of Asia’s green revenues: LSEG
Asia led the global green economy by revenue, whilst the US remained dominant by market capitalisation.
Economists trim 2026 GDP forecast to 3.5%
Headline inflation is now seen at 2.3%, up from 1.5% in March.
Export split widens as electronics surge 94.8%
AI demand and Middle East energy prices are set to keep Singapore's export gap wide.
Key exports rise 38.4% in May on AI-led electronics demand
Re-exports to Taiwan, Thailand, and Hong Kong increased.
Printing sector posts double national business churn rate
Some sectors see cessations more than double the national average of 85.1.
Singapore’s approach is to keep what works, change what does not: PM Wong
The prime minister said cities must stay pragmatic, adaptive, and open to cooperation amid global uncertainty.
Employment growth slows in Q1 as job vacancies dip
Retrenchments inched up but remained within non-recessionary norms, whilst unemployment stayed low.
Singapore US tariff hit could be cushioned by chip, pharma exemptions
Proposed levy’s impact on the existing 10% duty remains unclear.
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