Economy
Singapore backs rules-based trade at APEC 2025 meeting
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.
Singapore and the EU sign digital trade agreement
The EUSDTA aims to enhance digital connectivity and trade.
Temasek’s GenZero, Tencent enter MoU on climate solutions
Tencent will offtake one million carbon credits from GenZero's portfolio.
RHB warns retail momentum may fade in second half of 2025
Retail sales in March rose 1.1% YoY, rebounding from a sharp 3.5% decline in February.
The economic cost of inaction on gender parity in Singapore
In Singapore, women make up nearly half the workforce, yet hold only 13% of CEO roles.
Philanthropy Asia Alliance launches new communities for health and climate action
The HHP Community aims to reduce preventable deaths and diseases across SEA.
Asia’s climate finance remains ‘severely’ underfunded
The region faces an annual climate funding gap exceeding $1t (US$800b).
EDB and TTFA launch carbon fund with initial $20m commitment
The DAF seeks to address funding challenges that typically affect early-stage carbon projects.
Singapore boosts trade links with Chile and Peru via PASFTA
Key features include tariff elimination on the majority of goods, streamlined customs procedures, among others.
Nomura lifts 2025 unemployment forecast to 2.4% on slowdown
The bank now expects unemployment to average 2.4% in 2025 (up from 2.0%) and 2.9% in 2026 (up from 2.2%).
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape