Economy
Singapore ranks second in global economic freedom
Singapore ranks second in global economic freedom
The country also ranked second in international trade freedom.
Economists forecast modest NODX growth for Singapore in 2024
NODX fell 1.1% MoM and 2.7% YoY in September.
Non-oil domestic exports growth slows to 2.7% in September
In August, NODX grew 10.7% YoY.
Mixed views on MAS policy for 1H25 as Singapore faces inflation and growth risks
In Q3, the economy grew faster at 4.1% YoY.
Economy grows 4.1% YoY in Q3 as manufacturing, services expand
It grew at a faster rate compared to the previous quarter.
S’pore and South Korea to elevate bilateral relationship to strategic partnership by 2025
PM Wong made the announcement in a joint press conference with President Yoon Suk Yeol.
Singapore inks 10 MOUs with South Korea to boost bilateral trade ties
The MOUs cover sectors including automotive and entertainment technology.
What are the most profitable side hustles in Singapore?
The average yearly salary for side hustles is from $11,693 to $21,153.
Startups rethink IP strategies to attract investors
Startups focus on patent portfolios and IP management.
Workforce expansion and productivity key to Singapore's growth, says SM Lee
He emphasised that the city-state would do well if it could sustain growth at around 2% to 3% annually.
Economists revise full-year IP growth forecast to 1.5% on August surge
The previous forecast was 1.0%
S’pore achieves highest Global Innovation Index rank at 4th
The city-state topped 14 out of 78 indicators.
3 drivers likely to push price pressures higher in Q4
Experts said core inflation will stay above 2.5%.
GST rate hikes: How have they influenced spending habits?
In January, the government raised GST to 9%.
Singapore lands 4th place in net financial assets per capita ranking
An average household has a net financial asset of $246,944.
Singapore has landed in fourth place in the net financial assets per capita ranking, acco...
Foreign employment boosts non-resident population by 5%
It also helped push the overall population to 6.04 million.
Singapore’s gold reserves fall by 7.74 tonnes in Q2
Each Singaporean would theoretically hold 12 gold coins.
Singapore's gold reserves dropped to 228.86 tonnes in the second quarter of 2024, a decrease...
Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success