Economy

Gold investment surges 22% in 2024 as safe-haven demand grew

Gold investment surges 22% in 2024 as safe-haven demand grew

The Monetary Authority of Singapore adjusted its gold reserves in 2024, with 10 trillion of gold sold.

Singapore contributes US$87m to IDA

This is a 24% increase from the country’s previous contributions.

Service sector expects an increase in hiring activities in Q1

The sector also foresees higher revenue for the quarter.

How businesses can maximise the newly signed Johor-Singapore SEZ deal

Firms should leverage tax breaks, talent policies, and trade facilitation to unlock the agreement's full potential.

Import, export price indices fell in December 2024

The prices of electrical machinery apparatus were lower in December.

Singapore's industrial production set to grow 3% in 2025: analyst

The city’s 4Q24 and full-year 2024 GDP growth will also likely be revised upward, RHB noted.

Experts split on Singapore’s monetary policy outlook for 2025

UOB expects MAS to ease policy, whilst RHB sees no change until mid-2025.

KPMG's new guide boosts digital talent with sustainability focus

The guide aligns with national initiatives such as the Forward Singapore exercise and the Singapore Green Plan 2030.

Singapore inflation to stay within 1.5-2.5% range in 2025: analysts

Whilst RHB expects no immediate changes, UOB suggests the possibility of a 50-basis point reduction in the S$NEER slope.

Half of Singaporeans optimistic about 2025

57% of Singaporeans report high confidence in achieving their goals.

MAS eases monetary policy as core inflation forecasts drops to 1% to 2%

CPI-All Items inflation will average 1.5% to 2.5% in 2025.

Singapore CPI records 2.4% increase in 2024

Expenses in healthcare and food went up significantly.

Tech startups, factories may benefit most from Johor-Singapore ecozone

These companies will enjoy a much lower 5% corporate income tax.

Singapore’s NODX to grow 2% in 2025: analyst

This forecast aligns with the global trade recovery, with expectations of 1% to 3% growth.

Nearly 2 in 3 businesses plan to increase more investments in 2025

The top investment focus is on sustainability, AI, and supply chain.