Economy
Singapore growth to slow to 2% as global drag worsens: report
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 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.
Singapore tops Asia in private wealth
The city-state ranks just behind New York, the Bay Area, and Tokyo in the global list.
Wong flags wage, hiring risks after US tariff decision
The country’s growth forecast will likely be revised downwards.
Singapore cited by UN ESCAP for green central banking practices
Countries like Singapore “have enhanced... ability to cope with macroeconomic implications of climate change.”
SG, Chile sign agreement on carbon credit collaboration
The projects authorised under the agreement will promote sustainable development.
Asian markets hit hard as US-China tariff standoff escalates
Analyst calls it one of the worst rout in years.
Strong fiscal strength gives SG edge amidst trade tensions: report
Projects like the Jurong-Southern Economic Zone are expected to strengthen Singapore’s appeal in global supply chain realignments.
Retail outlook clouded by uncertainties in 2025
Growth may decelerate in the second half due to rising trade tensions.
S’pore needs to be 'nimble' amidst global uncertainties: Pritam Singh
Singh also echoed Prime Minister Wong’s call for unity.
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