Economy

Singapore GDP growth slows to 4.3% YoY in Q4

On a sequential basis, GDP also grew slower.

Singapore’s growth may slow in 2025 due to weak chip cycle, pharmaceutical exports

Global demand and elevated geopolitical uncertainties could weigh on export performance in the coming year.

Salaries set to rise by 4% across all industries in 2025

The real estate, consumer goods, retail, and banking & finance sectors may see the highest salary increases.

Singapore’s NODX rebounds 14.7% in November

Electric  NODX grew 23.2% YoY whilst non-electronics NODX fell 1.6%.

EU tops Singapore's services export markets in 2023

Export receipts rose 21.6% year-on-year to $72.4b.

Employer group calls for more tax breaks, workforce upskilling schemes for Budget 2025

70% of employers support initiatives on reskilling and upskilling.

Singapore dominates SEA in 2024 tech funding with $3b

The country saw a 50% increase in AI-related patents over the past five years.

Johor-Singapore SEZ signing delay creates uncertainty for SMEs

Postponed signing prompts a wait-and-see approach.  

Geopolitical risks rise as top threat to Singapore economy

The growth in China is also seen to significantly impact Singapore’s economy.

Labour market to stay resilient into H1 2025 despite trade slowdown: report

Wholesale trade, transportation, storage, and manufacturing sectors could face hiring challenges due to these uncertainties.

Singapore economy to grow with disinflation and robust travel recovery

Disinflation and improving labour markets may boost spending on discretionary items such as electronics and furniture.

Most capital goods companies poised for double-digit earnings growth in FY25F

Most defensive growth is expected from STE, which is projected to deliver approximately 15% growth.

Singapore GDP growth forecasted to ease to 2.4% in 2025

Manufacturing sector is anticipated to remain a key driver of economic growth.

Singapore poised for consistent growth with strategic trade advantage

The city-state has leveraged its strengths and location for steady growth since 2017, KGI says.