Economy

Post-Trump tariffs won't revert to status quo: SM Lee

The city-state is now being subjected to a 10% tariff by the US.

Singapore SME index rises to 50.5 in Q2 as growth returns

The index increase reflects a 5.8% YoY rise in collections and a 4.5% increase in payments.

Singaporeans shift spending from US to local and Chinese goods

They said that Trump's reintroduction of tariffs drove this overall sentiment.

Singapore slips to A3 risk rating amidst deepening tariff threats

Singapore’s macroeconomic outlook has become less favourable.

Tripartite Group to submit platform work proposals by end-2025

It will also work with platform operators to ensure safe, fair payment, and incentives.

UOB raises 2025 GDP forecast

UOB expects full-year growth in 2025 to run slightly above potential, but forecasts a slowdown to 1.4% in 2026.

GDP seen at 2.0% in 2025, but tariffs may halve growth

RHB analysts, however, caution that much of the recent growth appears front-loaded due to early export orders.

Singapore dodges recession but faces H2 slowdown risk: analyst

Despite the strong Q2 numbers, Nomura expects growth to soften in the second half of the year.

Singapore and EFTA conclude talks on digital economy agreement

The agreement will allow the free flow of data across each other’s territories.

Over 1.5 million Singaporeans to receive up to $850 GSTV-Cash in August

Around 690,000 eligible seniors will also receive up to $450 MediSave top-up.

Gov't teams up with NTUC and Grab to address gig worker issues

As part of the trilateral group, Grab will work with stakeholders to develop and share effective practices aimed at better protecting workers.

CPF launches its new ‘PLAN with CPF’ platform

Accessible via Singpass, it helps members plan and manage their finances using CPF tools and resources.

Prepare for enduring high costs on US exports: Deputy PM Yong

Businesses must also prepare for greater scrutiny over their production and supply chains.

UAE begins DEPA accession with working group launch

The agreement aims to reduce barriers in the digital economy, streamline cross-border operations, and promote innovation.

North West CDC unveils Project Sama Sama for vulnerable households

It gives eligible households $20 monthly and access to essentials via vending machines.