Economy
Aspial's 2025 profit soars 172% as $84m retail engine offsets property slump
Aspial's 2025 profit soars 172% as $84m retail engine offsets property slump
FY2025 profit rose to $58.8m, driven by its Lifestyle segment.
Analysts see inflation staying muted after January core eases
UOB maintains its April tightening view, as RHB expects the MAS to remain on hold in H1 26.
Core inflation eases to 1% in January
Headline inflation was at 1.4% YoY.
Domestic wholesale sales dip 1.1% as furniture and construction trades slump
Foreign and domestic wholesale sales show quarter-on-quarter growth.
Employment's share of household income hits 10-year low
Paychecks account for 79.6% of income as investment and CPF payouts increase in Singapore.
Singapore-Taiwan tax pact targets double taxation and evasion
The treaty also cuts withholding taxes on cross-border income.
FY2026 revenue seen up to $134.75b on higher vehicle collections
Higher COE quotas are expected to lift vehicle quota premiums to $9.42b.
Singapore spending to hit $137.3b in 2026 as development outlay jumps 26%
Total government spending to rise 10% in FY2026, driven by healthcare and infrastructure.
'Trusted AI' mark to filter Singapore’s global hub entrants--KPMG
New assurance labels would prove firm controls align with recognised international AI standards.
Admin services hit by 5.3% labor cost surge as productivity falls
Retail and F&B saw rising labour costs outpacing productivity.
Taiwan trade surges $170b, overtakes China as Singapore’s top partner in 2025
Transport and other business services topped export categories.
Singapore unit labour costs to rise this year despite ‘flat’ 2025
ULC is expected to climb as productivity growth slows and wages increase.
Health, transport costs lead consumer price index in 2025
Meanwhile, tech and clothing prices slide.
Analysts clash over 5.0% export forecast amidst AI risks
UOB raises its forecast to 5.0% on surging AI tailwinds, whilst RHB maintains conservative 3.0% target.
Construction jobs surge 8,700 as tech sector sheds roles
Ministry of Trade and Industry survey confirms massive hiring spike in building and infrastructure.
Investment returns allow record spending despite tax revenue gap: analysts
Government expenditure is expected to increase by 10.3% to $137.3b in FY2026.
Manufacturing drives Singapore's 5% economic expansion in 2025
New MTI data confirms manufacturing was the undisputed engine of the economy in 2025, expanding nearly 9%.
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