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Category: BUSINESS

Posted on 30/07/2025

Singapore keeps monetary policy unchanged as trade tensions ease

Singapore's central bank kept its monetary settings unchanged on Wednesday, dashing some expectations for a loosening of policy, after second quarter economic growth surprised to the upside and global ...

Posted on 30/07/2025

Singapore full-year growth to come in firmer than expected on H1 front-loading: MAS

SINGAPORE] Full-year growth for 2025 may be firmer than previously forecast, with the economy’s output likely to be close to potential, the Monetary Authority of Singapore (MAS) said on Wednesday (Jul ...

Posted on 30/07/2025

Singapore economy expected to slow in 2nd half of 2025; retail, F&B likely to feel impact: MAS

The effect of global headwinds could spill over into domestic oriented sectors such as retail and food and beverage, which have experienced sluggish or negative growth in the first six months of the ...

Posted on 30/07/2025

Singapore’s employment growth speeds up in Q2, but sectoral softening to continue

SINGAPORE] Employment growth sped up in the second quarter of 2025, driven by both resident and non-resident employment, with the Ministry of Manpower (MOM) describing the labour market as resilient.

Posted on 30/07/2025

No clarity yet on baseline or pharmaceutical tariffs with US: DPM Gan

The US government did not negotiate its tariffs on Singapore and did not want to commit on whether the 10 per cent baseline tax could rise or fall in the future, said Deputy Prime Minister Gan Kim ...

Posted on 30/07/2025

Unclear if US will keep Singapore tariff rate at 10%; no pharma talks on latest trip: Gan Kim Yong

SINGAPORE] There is “significant uncertainty” over whether the US may lower – or even raise – the baseline tariff of 10 per cent for Singapore, said Deputy Prime Minister and Minister for Trade and ...

Posted on 30/07/2025

Unclear if US will keep Singapore tariff rate at 10%; no talks on pharma, semicon exports during his trip: Gan Kim Yong

SINGAPORE] There is “significant uncertainty” over whether the US may lower – or even raise – the baseline tariff of 10 per cent for Singapore, said Deputy Prime Minister and Minister for Trade and ...

Posted on 30/07/2025

Singapore Tourism Board signs pact with IndiGo to boost tourism and travel

Singapore Tourism Board partners with IndiGo to boost Indian tourism, offering extensive air connectivity and tailored business class services.

Posted on 29/07/2025

Singapore ranks among world’s top five cities for tax efficiency, wealth preservation, and future readiness

In the newly released Wealth Report 2025: The Taxed Generation by global mobility platform Multipolitan, Singapore is the only city worldwide to secure a top-five position across all three of the firm ...

Posted on 29/07/2025

US ‘non-committal’ on whether level of tariffs with Singapore will stay at 10 per cent: DPM Gan

Deputy Prime Minister Gan Kim Yong was speaking in his first public engagement after returning from a trip to the US to meet with the Trump administration and business leaders.

Posted on 29/07/2025

Singapore ‘boring’ but ‘stable’ and ‘predictable’, says PM Wong

While PM Wong stands firm that “staying open” is “an essential lifeline” for Singapore, he notes that “house rules” must be set and Singapore “must always be a home” for Singaporeans.

Posted on 29/07/2025

Singapore needs to ‘think harder’ on ways to integrate AI into work: PM Wong

Prime Minister Lawrence Wong also said Singapore wants to be part of a global network of cosmopolitan cities that stand out in a fragmented world.

Posted on 29/07/2025

Singapore Airlines Sees Sharp Profit Drop As Air India Woes Hit Bottom Line

Singapore Airlines holds a 25.1% stake in Air India, which has been facing financial and operational troubles. The decline in profit was due to losses from associated firms and lower interest income.

Posted on 29/07/2025

US baseline 10% tariff not ideal but Singapore ’can live with it’: PM Wong

SINGAPORE] While the US’ baseline tariff of 10 per cent is not ideal, it is a rate Singapore “can live with”, said Prime Minister Lawrence Wong on Tuesday (Jul 29). Read more at The Business Times.

Posted on 29/07/2025

Singapore carbon tax would hit refiners, help renewables – Yahoo

Singapore's proposed plan to tax greenhouse gas emissions would probably hit oil refiners hard, ramping up costs in an industry that has been central to the city-state's rapid development over the ...

Posted on 29/07/2025

Singapore tax collection up 13.1% to S$68.6 billion in … – 商业时报

SINGAPORE’S tax revenue for financial year 2023 rose 13.1 per cent to S$68.6 billion compared to the year before. This reflects the economic recovery following the end of the Covid-19 pandemic, the ...

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