Economy
Singapore Business Chamber in Cambodia to launch on 26 April
Singapore Business Chamber in Cambodia to launch on 26 April
The chamber aims to offer valuable insights, resources, and connections.
Gov’t launches taskforce to aid businesses amid US tariff shifts
The task force will operate in three key workstreams.
Softer NODX expected in 2025
Trade tensions are causing uncertainty.
NTUC closely monitors impact of US tariffs, ensures workers’ security
It will work with tripartite partners to safeguard workers and keep Singapore investment-friendly.
Singapore exports up 5.4% in March
Taiwan, Indonesia, and South Korea are the top growth markets.
Gov't concludes review of Singapore Standard Industrial Classification
The 2025 SSIC maintains basic principles with changes made to align with international standards.
Singapore economy showing early signs of fatigue amidst trade concerns: Analysts
Advance estimates showed 1Q GDP growth slowing to 3.8% YoY, down from 5% in the previous quarter.
Singapore growth to slow to 2% as global drag worsens: report
The bank warned that if global trade tensions escalate further, growth could slip to as low as 0.5–1%.
MAS likely to flatten policy band in July after April shift: analyst
UOB revised its full-year 2025 GDP forecast to 1.5% from 2.5% previously.
MAS eases monetary policy slightly
MAS core inflation dropped to 0.7% YoY in January–February 2025.
Economy up 3.8% YoY in Q1
Growth forecast cut to 0–2%.
Gov’t seeks constructive dialogue with US on mutual concerns
ASEAN reaffirmed its commitment to a free, fair, and inclusive trading system.
SG, US urged to hold dialogue on reciprocal tariffs
An AmChamSG member survey showed 69% expect the tariffs to have a moderate or significant negative impact.
Gov’t forms task force to address economic impact of US tariffs
It will be led by Deputy Prime Minister Gan Kim Yong.
SBF backs task force to assess tariff impact on business
A bigger trade war could drag the economy, where the trade-to-GDP ratio exceeds 300%.
UOB cuts Singapore 2025 growth forecast to 1.5%
Direct cash or voucher disbursements and employment support could cushion the impact.
Cambodia joins ASEAN RPC initiative to boost payment links
RPC was launched in 2022 by central banks of Singapore, Indonesia, Malaysia, and more.
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