Economy

STB inks 3-year CCPIT deal to pull China exhibitions to Singapore

STB inks 3-year CCPIT deal to pull China exhibitions to Singapore

Pact includes sustainability, digital transformation, and talent cooperation, with joint promotion in advanced manufacturing.

Core inflation cools to 0.7% for 2025 but MAS warns of 2026 rise

Food and services were the main anchors keeping prices stable as the year ended.

COE quota cut to 18,824 for Feb-Apr

Bidding opens 2 February with revised schedule in March–April.

Singapore AI drive to sustain productivity and wage growth: Teo

Teo cites 50 centres built in 12–18 months and a digital economy share of 18.6% of GDP.

8 in 10 Singaporeans fear faster inflation in 2026 as trade wars loom

The impact of trade policies is seen to push inflation up.

Only 47% of SMEs see growth as domestic wage bills surge

Domestic sector wage bills rose 10% in Q4 2025, as 36% of SMEs cite stiff competition.

AI semiconductor boom shields SG from 7.8% pharma export crash

Volatile pharmaceutical batches saw a massive reversal in December.

Leaders abandon firms as 67% prepare 2026 exit

Corporate stability fractures as two-thirds of senior executives confirm they are ready to leave current employers.

72% of real estate pros get pay rise as median salary hits $158,000

The city-state is leading other major economies, such as the US and UK.

Cost cuts hit 51% of firms as rental, manpower pressures mount

IWG says 54% intend to rely more on co-working networks in 2026 as expenses stay elevated.

Wellness and grocery sectors outpace apparel in spending shift

State-funded SG60 and CDC vouchers are also reshaping the sector.

AI set to take 41% of Singapore service work by 2027

Service staff using AI report spending 20% less time on routine cases, freeing about 4 hours weekly.

Deloitte urges Budget 2026 support as growth slows to 1%–3%

MTI forecasts Singapore’s growth at 1%–3% for 2026, down from last year’s pace.

Outbound investment hits $8.9b in Q4 after 119.1% jump

Knight Frank cites MSCI data as rising costs and skills gaps complicate overseas expansion.

UOB lifts gold outlook toward US$5,000 as USD/SGD heads to 1.25

SGD, gold, and yen top UOB’s safe-haven asset list.

SBF, PwC propose IP financing, AI grants for Budget 2026

The Budget recommendations target growth, innovation, and workforce support.