Economy
Singapore core inflation rises to 0.7% in April
Singapore core inflation rises to 0.7% in April
It was driven by higher food and services prices.
Merchandise trade rises 4.9% YoY in Q1 2025
This growth is driven by increases in both exports and imports.
Four in five firms expect tariff-related disruption: survey
MNCs expressed greater concern (89%) compared to small and medium-sized enterprises SMEs.
Economy to grow 1.7% to 2% in 2025: analysts
Exports could drop as much as 4.3%, according to RHB.
Economy up 3.9% YoY in Q1
This growth was driven by the wholesale trade, manufacturing, finance, and insurance sectors.
Singapore deepens economic ties with Brabant, Netherlands
The partners will explore tech, energy, healthcare, and energy solutions.
Q1 foreign wholesale sales rise 1.1% YoY
Excluding petroleum, foreign wholesale sales grew by 7.7%.
Economists warn April export surge may fade post-tariff pause
Electronics exports led the charge, soaring 23.5% YoY, driven by explosive gains in integrated circuits and personal computers.
Singapore backs rules-based trade at APEC 2025 meeting
The government also cited initiatives to use AI and digital technologies to enhance trade facilitation.
Core inflation in Singapore seen steady at 0.5% in April: analyst
UOB expects headline CPI to fall between 0.5% and 0.4% MoM.
Singapore travel to Japan hits record high on strong SGD in 2024: Mastercard
Travellers from Singapore, India, and China are especially responsive to currency shifts, the report noted.
NODX expands 12.4% YoY in April
Both electronic and non-electronic NODX registered growth.
Singapore businesses urged to act as inflation views split
44% expect inflation to rise, while another 44% expect it to fall.
Singapore firms deploy AI to counter shrinking margins
The government now expects GDP growth as low as 0-2% in 2025.
GDP forecast at 2% with downside risk in 2025: RHB
The economic outlook has become “increasingly fluid” due to mounting external pressures, the report noted.
People’s Action Party victory to uphold prudent economic, fiscal policies—Fitch
The PAP secured 87 seats in the election.
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