Economy
Singapore in a multipolar world: An economy built on trust
Singapore in a multipolar world: An economy built on trust
Singapore’s rule of law has created a framework of laws which are predictable, regularly, and transparently enforced.
Accounting, storage, and cargo handling prices rose in Q4 2024
Freight forwarding and sea freight transport prices fell during the quarter.
Businesses sentiment of small enterprises hit highest since 2019
Over 6 in 10 small businesses in Singapore expect growth, CPA Australia found.
Singapore ranks 5th in global resilience index
Strong scores in climate readiness and cyber risk drive city-state’s performance in 2025
Consumer Price Index up 0.9% in February
Food, transport, and health prices all increased during the month.
Why high capital levels are a double-edged sword for Singapore banks
The banking sector in Singapore has shown signs of expansion, with loan growth rising to approximately 5% in 2024.
Over 570,000 S’poreans to receive first Earn and Save Bonus in March
The Earn and Save Bonus will be automatically credited to citizens’ CPF accounts.
Singapore retains 4th place in global financial centres Index
It was also among the centres expected to grow in the coming years.
Singapore unveils SME Pro-Enterprise Office, adjusts work permit
He highlighted the creation of a new SME Pro-Enterprise Office and adjustments to the work permit scheme.
Singapore urges businesses to act on climate transition planning
The ambassador outlined three key forces driving the transition: politics, economics, and nature.
Singapore to see 2.6% GDP growth in 2025: survey
This forecast range is deemed the most probable by 46% of the economists surveyed.
Labour market expands in 2024: MoM
Resident employment saw a notable rebound, growing by 8,800 after a decline in 2023.
Construction sector sees strong growth in 2024, optimistic for 2025: analyst
The construction sector grew by 5.9% YoY in the fourth quarter of 2024, driven by an uptick in public sector construction activity.
Trade uncertainty clouds NODX outlook despite early gains: analysts
RHB forecasts NODX to grow by 2% YoY. However, UOB is more cautious, projecting a 1.5% growth rate.
Singapore’s NODX up 7.6% in February
This reverses the 2.1% decline recorded in the previous month.
Trade value projected to exceed $1.2t by 2029: report
The report placed Singapore’s total trade value for 2024 at $951.6b, ranking 15th globally.
CPF interest rates unchanged for Q2 2025
Special, MediSave, and Retirement Accounts will stay at 4% per annum.
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