Singapore economy
AI boom shields Singapore 2026 outlook from Middle East, tariff headwinds
AI boom shields Singapore 2026 outlook from Middle East, tariff headwinds
Meanwhile, the central bank could shift policy settings later in the year if energy prices keep climbing.
How Singapore’s safe-haven status offsets Middle East war
Maybank expects H1 gains for Banks, REITs, and Tech if conflict is short.
Middle East tensions raise inflation risks whilst GDP growth impact seen limited: analysts
With 55% of crude oil sourced from the Middle East, every price jump hits the CPI—but the broader economy is holding firm.
AI boom and falling rates trigger upgrades to Singapore GDP outlook
Major financial institutions have raised Singapore’s growth outlook to as much as 3.6%.
Economic growth projected to slow to 2.2% in 2026: report
As unemployment rates, population growth, interest rates, amongst others, will see moderate activity.
Tax policy pulls Singapore down global competitiveness ranking
Singapore slips to second place behind Switzerland in the IMD World Competitiveness Ranking.
Singapore ranks second in global economic freedom
The country also ranked second in international trade freedom.
De Beers Group to relocate auctions HQ from Singapore to Botswana
It moved its Global Sightholder Sales business from the US to Botswana in 2013.
Singapore net inflows hit $263.18m in 3Q23
Equity and fixed-income funds reported inflows during the quarter.
SG becomes the leading wealth capital in APAC
Singapore attained an average score of 0.79.
Contribution of digital economy to SG rises to $106b in 2022
The figure translates to 17.3% of Singapore's GDP last year.
SSIA reaffirms commitment for global industry collaboration
This will boost the country’s semiconductor supply chains.
Singapore, Hong Kong reinforces ties with 7 new MOUs signed
Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.
Total trade contracts 19.2% YoY in June
This extended the 17.9% decrease in the previous month.
Total employment up for sixth straight quarter
The services sector reported over 27,000 new hires, of which over 5,000 are migrant domestic workers.
Economic growth slows in Q123
The economy grew 0.1% YoY.
Economic growth to slow down in 2023
UOB expects full-year GDP to grow by only 0.7%.
Commentary
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