Economy
SG60: PM Wong finds ‘little comfort’ in US tariff relief
SG60: PM Wong finds ‘little comfort’ in US tariff relief
The government has also set up the Singapore Economic Resilience Taskforce.
CBRE slashes Singapore 2025 growth outlook to 2.2%
CBRE noted that Singapore remains one of the tightest office markets in the region.
Singapore and India deepen cooperation on trade, tech, skills dev’t
Six business leaders from Singapore also discussed ideas for potential partnerships.
Singapore raises 2025 GDP growth forecast to 1.5–2.5%
Growth expected to slow in H2 as US tariffs take effect and front-loading fades.
Singapore seen as ‘safe haven’ despite global trade risks
NODX forecast raised as strong exports offset tariff headwinds.
Entrepreneurs fear heirs reject family business legacy
Succession planning remains one of the most sensitive challenges for family businesses.
Singapore boosts digital spend in construction
Construction firms in Singapore use an average of 7.3 technologies, the report said.
MAS likely to retain policy settings in October
A move to a zero percent appreciation stance could be triggered if growth deteriorates.
Total employment up by 8,400 in Q2
Unemployment rate for residents and citizens were at 2.9% and 3%, respectively.
Import, export prices fall YoY
The decrease in the Non-oil index was due to the Machinery & Transport Equipment index.
COTD: Import prices rise 1.3% MoM in June
The oil index gained 6.3% MoM.
Core inflation forecast revised down on muted price pressures
Analysts expect core inflation to fall between 0.6%–0.9% for 2025.
Singapore records lower waste levels in 2024
The overall recycling rate continued to hover around 50%.
Singapore inflation eases with broad price moderation in H1
The Consumer Price Index (CPI)-All Items for general households rose by 0.9% on a YoY basis from January to June 2025.
MAS likely to ease monetary policy amidst GDP slowdown
Currency overvaluation and persistent external risks were also cited as factors.
Consumer price index down 0.1% in June
But it was 0.8% higher than a year earlier, with food and transport prices rising.
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