Economy

Navigating a new global trade environment

Navigating a new global trade environment

Recent developments around global trade have been dynamic, to say the least. Business leaders must navigate geopolitical shifts, regulatory changes...

Singapore’s pharma, chip sectors at risk from trade wars

US firms importing from Singapore face nearly $1.6b in added costs from 10% base tariffs.

CGS cuts 2025 GDP forecast to 1.6% amidst tariff risks

The firm emphasised that Singapore’s ability to offer new concessions is limited, given its already liberalised trade framework.

Consumer inflation expectations rise even as official indicators remain steady

CPIex rose 5% in March, up from 4.4% in December last year.

Singapore strengthens regional trade with ASEAN-Australia-NZ pact

The agreement creates a free trade area for more than 703 million people.

Johor-Singapore SEZ shows value of cooperation: Gan

The Deputy Prime Minister recently spoke at the JS-SEZ Joint Business and Investment Forum.

EDB's new initiative enables founders to scale next venture

The Global Founder Programme aims to establish new ventures with the potential to be global industry leaders.

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.