Economy

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.

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.

Budget 2026 puts equity reboot and Startup SG Equity at centre, RHB says

The strategy noted said near-term household measures such as CDC vouchers.

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%.

Singapore sets growth capital workgroup to strengthen regional funding pipeline

It will study the financing value chain across deal origination, capital raising, and mobilisation.

SBF warns of ‘AI divide’ as Budget 2026 boosts missions

Business group backs National AI Missions as Wong chairs new AI Council.

Higher carbon tax won't hurt green transition but caution urged

2030 rate expected at lower end of $50 to $80 range.

Most firms eye AI agents but 38% still lack network readiness: Cisco

AI agent adoption was reinforced after Budget 2026's $1b research push.