Economy

CGS International signs six deals to boost ASEAN-China ties

The new agreements build on its earlier pledge of $1.82b (RM6b), made during the Johor-Singapore Special Economic Zone Partners’ Dialogue. 

MAS appoints Goh Swee Chen and Ho Teck Hua as board members

MAS said both have been appointed for a three-year term ending 31 May 2028.

Four in 10 firms pessimistic about economy: survey

The proportion of companies expecting the economy to worsen over the next 12 months has nearly doubled.

Industrial production may rise as RHB lifts forecast on sector momentum

The bank now sees a “material upside risk” to its earlier forecast of 0.5% growth in industrial production for 2025.

SERT shuffles leadership team after Cabinet, SBF appointments

Desmond Lee stepped down whilst Jeffrey Siow and Teo Siong Seng joined.

Economic pressure, talent shortages slow Singapore’s AI adoption

Over 80% of companies report being hit by global tariffs.

Singapore output rebounds but late-year drag expected

Industrial production rose 5.3% MoM seasonally adjusted in April, reversing two months of contraction in March and February.

Tame CPI pressures expected for Singapore in 2025: RHB

April saw a slight uptick in core inflation driven by firmer prices.

Geopolitical tensions threaten trade, seen hurting Asian economies: MAS Economist

The 12th Asian Monetary Policy Forum convened academics and policymakers to discuss major economic and financial issues in Asia.

ASEAN concludes talks on trade deal upgrade: DPM Gan

ASEAN members plan to sign the upgraded ATIGA at the 47th ASEAN Summit in October 2025.

Core inflation accelerates in April, led by health premium jump: UOB

Core consumer prices increased by 0.5% MoM, reversing the previous month's decline, whilst the YoY figure edged up to 0.7%.

UN envoy urges Singapore to align climate and rights goals

The expert called for a stronger focus on environmental justice and equitable policymaking.

ASEAN and China conclude upgrade talks on new FTA

Ministers aim to sign the ACFTA 3.0 Upgrade Protocol later this year at the ASEAN-China Summit.

SGD tests top of MAS band as RHB sees limited upside ahead

The Singapore dollar is the top-performing currency in ASEAN so far this year, appreciating 5.91% YtD.