Economy
Profitability improves in 2024 as Singapore firms’ ROA and ROE increase
Profitability improves in 2024 as Singapore firms’ ROA and ROE increase
ROA rises to 6.0% whilst ROE increases to 12.2% in 2024.
Import prices jump 11.1% in March on oil-driven gains
Export prices climbed 8.4% YoY, supported by a 44.5% increase in the oil index.
Finance and insurance sector controls 71.6% of Singapore assets
Other sectors remain dwarfed by finance holdings of $10.3t.
Corporate assets surge 6.8% to $14.4t record
Total valuations soared from a 2020 baseline of only $11t.
Inflation accelerates to 1.8% in March on transport, retail and services costs
Core inflation and CPI-All Items inflation are expected to average 1.5% to 2.5% in 2026.
Nearly a quarter of SMEs see conditions worsening in six months: OCBC
Outlook survey signals reduced optimism amongst smaller firms in the latest reading.
Middle East conflict threatens SME survival beyond six months, SBF poll says
A 44-percentage point gap between SMEs and larger firms shows confidence lag in managing shocks.
Retail flows cushion swings in Singapore equities
Institutions and foreign investors still steer the Straits Times Index.
Singapore SMEs split into two-speed economy as geopolitical costs rise
One in four expects business conditions to worsen in the next six months.
Retail SME index hits record 53.4 in Q1 as Mideast tensions loom
Collections rose 15.2%, whilst payments grew 15.5% in the quarter.
The agility trap: Why most Singaporean businesses are structured for stability, not speed
What businesses need is not a reactive response to change, but an operating model that is better equipped to adapt.
Identity spending redefines Singapore’s fragmented retail market
Consumers are increasingly spending on who they are rather than what they need.
Singapore keeps 3.0% GDP outlook as exports jump 15.3% in March
RHB flags trade strength and MAS policy shift amidst energy-driven external risks.
Singapore faces uneven growth in 2026 amidst AI export strength and external risks
NODX growth is still attributed to AI-related demand.
AI chip demand drives 15.3% jump in exports as Middle East risks remain limited
Its impact is expected to manifest in the April or May trade data.
SG dollar hits 11-year high in January as FDI inflows climb to $58.6b
For the full year 2025, the currency appreciated 6.2% against the US dollar.
NODX rise 15.3% in March as electronics jump 74%
Demand for AI hardware—ICs, PCs, and disk media—is a key growth driver.
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?