Economy
Services receipts rise 3.7% in Q1
Services receipts rise 3.7% in Q1
Information and communications posted the strongest annual growth, whilst education led the quarterly increase.
RHB raises industrial production forecast to 7% after strong April output
The bank said AI-driven electronics demand could lift GDP growth towards the top end of MTI’s forecast range.
Nomura raises GDP forecast to 4.6% on strong Q1 growth
The bank said AI-related demand continues to support electronics and manufacturing momentum.
Personal disposable income rises 5.2% in Q1
Personal saving bounced back by 6.7%, reversing a Q4 contraction.
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.
Core inflation cools to 1.4% in April
However, private transport costs jumped 8.1% as car prices surged.
Central banks face calls for heightened oil shock vigilance
MAS chief economist warns energy price spikes feed into wages faster.
NODX outlook lifted to 3%-5% on electronics strength
However, non-electronic exports fell 3.5% in Q1.
MTI holds 2%-4% growth outlook despite Iran war risks
Strong AI chip demand helped push Q1 GDP growth to 6%.
Gulf oil shocks now eclipse tariff fears, says MAS chief economist
The feared global trade collapse “did not bark” in 2025.
Singapore launches sustainability standard for businesses
TR 149 gives SMEs a framework to assess and improve their environmental performance.
How are Singaporeans responding to the Middle East conflict?
YouGov survey shows shift toward savings, promotions, and reduced discretionary spending.
Domestic wholesale sales fall 6.9% in Q1
Foreign wholesale sales rose 3.6%, supported by demand for computer hardware and electronic chips.
Singapore leads AI finance race but scale constraints put its advantage at risk
It is closest to sustained alignment between AI capability and institutional trust at scale.
Singaporeans hit hard by war-driven cost hikes
Survey finds widespread impact on daily expenses including food, transport and dining.
New national AI missions target four sectors driving 40% of GDP: Teo
Advanced manufacturing, finance, connectivity, and healthcare are key priorities.
US-Israel-Iran conflict bruises 92% of Singaporeans: poll
Most respondents report at least some impact from ongoing conflict.
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