Monday Wrap: green jobs, F&B shake-up, and a revived IPO slate
The GSC plans to cut up to 50 million tonnes of emissions by 2050.
Last week in Singapore Business Review, the government set out plans to build green jobs under the low-carbon push, analysts warned that food retailers must slim down menus amid a surge in closures, and the stock market showed signs of revival with over 20 IPOs potentially in the pipeline this year.
The push towards a low-carbon future is advancing, with the Green Skills Committee outlining plans to expand green jobs and skills under the ‘Singapore Green Plan’, aiming to cut 45–50 million tonnes of emissions and achieve net-zero by 2050.
Meanwhile, analysts warn that retail food chains may need to streamline menus to weather a surge in closures, with over 2,400 food and beverage outlets shutting in the first 10 months of 2025.
Bankers expect the stock market to see over 20 IPOs this year, building on 2025’s modest pipeline with support from lower profit thresholds and the Monetary Authority of Singapore’s equity market development programme.
However, the country’s leading banks ended 2025 facing pressure from declining net interest margins, though rising fee income provided a partial buffer.
Most Singaporeans anticipate working beyond retirement age, often for financial reasons, with nearly half of high-income earners needing to maintain daily living and long-term security.
Moreover, the Department of Statistics revealed that personal disposable income grew 1% in the fourth quarter of 2025, slowing from the 4.1% rise recorded in the previous quarter.
Lastly, Loh Woon Sien of the Infocomm Media Development Authority revealed at the 2026 Asian Telecom Summit that Singapore is enhancing “soft infrastructure” to support secure, interoperable transactions, with initiatives like the Digital Utility Stack and National Quantum Safe Network Plus.