Slowdowns in Singapore’s major trading partners would mean softer demand for its exports, with trade disruptions standing to deeply affect the small, open economy.
Singapore budget to tackle living costs and jobs as election looms
Singapore's government is expected to focus on cost of living issues, housing and employment in next week's budget, as it heads towards an election buoyed by strong growth and low inflation but facing ...
More firms want inflation support, funding for digital adoption and sustainability projects in Budget 2025: UOB
COMPARED with the year before, more businesses are looking for inflation-related support to cope with rising costs, and funding to embark on digital adoption and sustainability projects, the UOB ...
Singapore’s economy ends 2024 on strong note but downside risks seen
Singapore's economy grew faster than expected into the end of 2024, data showed on Friday, but the government maintained its forecast for slower growth this year and warned of some risks from global ...
Over 470 investment scam cases reported in Singapore so far this year
More than 470 cases of investment scams have been reported in Singapore since the start of 2025, with losses amounting to at least SG$32.6 million (US$24.1 million), Singapore police said.
Singapore is set to deliver its first budget under its new prime minister. Here’s what to expect
Lawrence Wong, who took the helm from Lee Hsien Loong, will deliver the budget on Feb. 18. The country is due for a general election by November.
OCBC and Enterprise Singapore launch ESG programme to help SMEs measure sustainability performance
OCBC and Enterprise Singapore launch ESG programme to help SMEs measure sustainability performance Singapore News ...
Singapore’s annual GDP expands at fastest pace since 2021, lifted by trade, finance and manufacturing sectors
For the fourth quarter, Singapore's GDP grew 5% year on year, higher than the 4.7% forecast by economists polled by Reuters. This will be the last piece of key economic data from the city state, ...
Singapore grows 5.0% y/y in Q4 2024, higher than advance estimate
Singapore's economy grew 5.0% in the fourth quarter of 2024 from a year earlier, government data showed on Friday, higher than an official advance estimate of 4.3% released last month. On a quarter-on ...
Singapore’s key exports grow 0.2% in 2024; 2025 forecast unchanged
SINGAPORE’S non-oil domestic exports (NODX) grew 0.2 per cent for the whole of 2024, reversing from the 13.1 per cent contraction recorded in the previous year, due to higher shipments of electronic ...
S’pore key exports eke out 0.2% growth in 2024, warning of downside risk to 2025’s 1-3% forecast
"Significant uncertainties” from trade frictions among major economies could hurt Singapore's trade outlook. Read more at straitstimes.com.
Singapore maintains 2025 GDP forecast at 1 to 3%; economy up 4.4% in 2024
According to the Ministry of Trade and Industry, Singapore's GDP grew by 5.7% in Q4 2024, a slight drop versus 5.7% reported for 3Q 2024. Taking into account the external and domestic economic ...
Singapore’s 2024 GDP growth revised upwards to 4.4%; 2025 forecast range kept at 1 to 3%
SINGAPORE’S economy grew 4.4 per cent in 2024, revised up from the advance estimate of 4 per cent, data from the Ministry of Trade and Industry (MTI) showed on Friday (Feb 14). Read more at The ...
Singapore economy grows better-than-estimated 4.4% in 2024 but 2025 forecast kept to 1-3%
The economy faces downside risk from further escalation of geopolitical conflicts, higher uncertainty over US trade policies. Read more at straitstimes.com.
Singapore Projects Modest Trade Growth Amid Global Uncertainties
Enterprise Singapore continues to project exports growth at 1.0% to 3.0% this year. Singapore's non-oil domestic exports grew by 0.2% last year, reversing the 13.1% contraction seen in 2023 due to ...
Singapore’s economy grew 4.4% in 2024, beating forecasts and advance estimates
The ministry said Singapore's economy expanded by 4.4 per cent in 2024, up from an earlier estimate of 4 per cent. Both the estimate and the update beat the growth forecast of around 3.5 per cent.