In Focus

Thin buyer pools threaten valuations as firms purge mature assets

Companies sell non-core units to recycle capital as IPO exits remain selective.

Seed-stage deals drive 70.9% of Singapore startup funding in April

Total seed funding reaches $28.2m, led by Simple Chain’s $15m round, according to Tracxn data. 

Retail growth to halve in H2 as Mideast conflict ends 'inflation calm'

Sales momentum faces an H2 moderation as businesses, households shift to a wait-and-see approach.

Why S-REITs are the primary buffer against 3.2% inflation

Rental reversions of 23% at NTT DC REIT prove the sector's ability to outpace inflation, says UOBKH.

Singapore VC funding drops to 12-month low $39.8m in April

Deal activity slows as only a handful of startups secure funding during month.

Singapore retailers shift from points to real-time loyalty models

They use personalisation and behaviour tracking to drive engagement.

Hotel rates edge higher in Q1 as February drives gains

STB data shows mixed monthly performance across ARR, occupancy, and RevPAR.

Helium risks shadow Singapore’s nine-month manufacturing surge

AI investment is anchoring the semiconductor equipment sector even as Middle East instability shadows the broader manufacturing outlook.

Hiring intentions 'quietly dry up' as Hormuz closure hits Singapore SMEs

Employment growth slows to 5,000 in Q1 as firms pull back on hiring.

Visitor arrivals hit 4.4 million in Q1 as March surge offsets slow start

March tourism records strongest growth of the year at 10%.

Refineries at half capacity threaten Singapore’s 2%–4% growth outlook

GDP grew 4.6% in the first quarter, down from 5.7% in H2 2025.

AI, memory demand drive semiconductor gains as electronics output jumps 30%

However, Middle East tensions put helium supply for chipmakers at risk.

Industrial production strength lifts 2026 outlook but sector risks persist

Electronics and precision lead gains, whilst chemicals and offshore weigh on outlook.

S-REITs diverge as rental reversion offsets occupancy softness

Stronger leasing spreads mask soft occupancy and rising cost pressures across S-REITs.