Economy
Singaporeans shift spending from US to local and Chinese goods
Singaporeans shift spending from US to local and Chinese goods
They said that Trump's reintroduction of tariffs drove this overall sentiment.
Singapore slips to A3 risk rating amidst deepening tariff threats
Singapore’s macroeconomic outlook has become less favourable.
Tripartite Group to submit platform work proposals by end-2025
It will also work with platform operators to ensure safe, fair payment, and incentives.
UOB raises 2025 GDP forecast
UOB expects full-year growth in 2025 to run slightly above potential, but forecasts a slowdown to 1.4% in 2026.
GDP seen at 2.0% in 2025, but tariffs may halve growth
RHB analysts, however, caution that much of the recent growth appears front-loaded due to early export orders.
Singapore dodges recession but faces H2 slowdown risk: analyst
Despite the strong Q2 numbers, Nomura expects growth to soften in the second half of the year.
Singapore and EFTA conclude talks on digital economy agreement
The agreement will allow the free flow of data across each other’s territories.
Over 1.5 million Singaporeans to receive up to $850 GSTV-Cash in August
Around 690,000 eligible seniors will also receive up to $450 MediSave top-up.
Gov't teams up with NTUC and Grab to address gig worker issues
As part of the trilateral group, Grab will work with stakeholders to develop and share effective practices aimed at better protecting workers.
CPF launches its new ‘PLAN with CPF’ platform
Accessible via Singpass, it helps members plan and manage their finances using CPF tools and resources.
Prepare for enduring high costs on US exports: Deputy PM Yong
Businesses must also prepare for greater scrutiny over their production and supply chains.
UAE begins DEPA accession with working group launch
The agreement aims to reduce barriers in the digital economy, streamline cross-border operations, and promote innovation.
North West CDC unveils Project Sama Sama for vulnerable households
It gives eligible households $20 monthly and access to essentials via vending machines.
5 structural themes driving Singapore’s earnings visibility
The material impact of these themes is expected to become more pronounced in the second half of 2025.
Wong calls for flexible multilateralism at Summer Davos forum
At the same time, Singapore is engaging the EU, GCC, and Latin America to strengthen its global trade footprint.
Singapore SMBs stay optimistic despite inflation and costs
Six in ten SMBs (61%) reported being impacted by inflation and rising operational costs.
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