Economy
Singapore unit labour costs to rise this year despite ‘flat’ 2025
Singapore unit labour costs to rise this year despite ‘flat’ 2025
ULC is expected to climb as productivity growth slows and wages increase.
Health, transport costs lead consumer price index in 2025
Meanwhile, tech and clothing prices slide.
Analysts clash over 5.0% export forecast amidst AI risks
UOB raises its forecast to 5.0% on surging AI tailwinds, whilst RHB maintains conservative 3.0% target.
Construction jobs surge 8,700 as tech sector sheds roles
Ministry of Trade and Industry survey confirms massive hiring spike in building and infrastructure.
Investment returns allow record spending despite tax revenue gap: analysts
Government expenditure is expected to increase by 10.3% to $137.3b in FY2026.
Singapore sets growth capital workgroup to strengthen regional funding pipeline
It will study the financing value chain across deal origination, capital raising, and mobilisation.
Budget 2026 puts equity reboot and Startup SG Equity at centre, RHB says
The strategy noted said near-term household measures such as CDC vouchers.
SBF warns of ‘AI divide’ as Budget 2026 boosts missions
Business group backs National AI Missions as Wong chairs new AI Council.
Manufacturing drives Singapore's 5% economic expansion in 2025
New MTI data confirms manufacturing was the undisputed engine of the economy in 2025, expanding nearly 9%.
Higher carbon tax won't hurt green transition but caution urged
2030 rate expected at lower end of $50 to $80 range.
Most firms eye AI agents but 38% still lack network readiness: Cisco
AI agent adoption was reinforced after Budget 2026's $1b research push.
Experts warn of security gap as Singapore accelerates AI missions
Factory and medical sensors face cyber risk as the National AI Council drives digital overhaul.
MAS expands equity market programme to $6.5b to attract top asset managers
$3.95b have so far been deployed across nine managers under the programme.
STI retreats below 5,000 despite $4b Budget 2026 market boost
Prime Minister Lawrence Wong allocated $1.5 b to the Anchor Fund and $1 b to startups for SGX listings.
How do the Big Four read Budget 2026’s AI drive?
They cite $1.5b fund boost and 400% AI tax break as Budget 2026 accelerates adoption.
Budget 2026: 250% corporate volunteer tax deduction extended to 2029
Singapore is also launching a $50m SG Partnerships Fund for community initiatives.
Budget 2026: Firms to get 400% tax deduction for AI spending
PM Wong revealed the government is expanding on the ‘Enterprise Innovation Scheme’.
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