Economy
Salaries set to rise by 4% across all industries in 2025
Salaries set to rise by 4% across all industries in 2025
The real estate, consumer goods, retail, and banking & finance sectors may see the highest salary increases.
Singapore’s NODX rebounds 14.7% in November
Electric NODX grew 23.2% YoY whilst non-electronics NODX fell 1.6%.
EU tops Singapore's services export markets in 2023
Export receipts rose 21.6% year-on-year to $72.4b.
Employer group calls for more tax breaks, workforce upskilling schemes for Budget 2025
70% of employers support initiatives on reskilling and upskilling.
Singapore dominates SEA in 2024 tech funding with $3b
The country saw a 50% increase in AI-related patents over the past five years.
Non-oil exports grow 3.4% in November on strong electronics
Electronic NODX rose 23.25 YoY.
Johor-Singapore SEZ signing delay creates uncertainty for SMEs
Postponed signing prompts a wait-and-see approach.
Geopolitical risks rise as top threat to Singapore economy
The growth in China is also seen to significantly impact Singapore’s economy.
Labour market to stay resilient into H1 2025 despite trade slowdown: report
Wholesale trade, transportation, storage, and manufacturing sectors could face hiring challenges due to these uncertainties.
Singapore economy to grow with disinflation and robust travel recovery
Disinflation and improving labour markets may boost spending on discretionary items such as electronics and furniture.
Most capital goods companies poised for double-digit earnings growth in FY25F
Most defensive growth is expected from STE, which is projected to deliver approximately 15% growth.
Singapore GDP growth forecasted to ease to 2.4% in 2025
Manufacturing sector is anticipated to remain a key driver of economic growth.
Singapore poised for consistent growth with strategic trade advantage
The city-state has leveraged its strengths and location for steady growth since 2017, KGI says.
Manufacturing leads Singapore’s GDP growth with 11% YoY rise in Q3
GDP is expected to drop in 2025.
Singapore is world’s 9th most attractive city destination in 2024
This marks Singapore’s debut in the top 10.
Resident employment rises 4,000 in Q3
It was driven by strong hiring in outward-oriented sectors.
Singapore ranks first globally in public administration index
The city-state also ranked first in Public Policy and National Delivery domains.
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