Economists said this year is likely to be less smooth sailing than 2024, with demand from major trading partners directly impacting Singapore's export-reliant economy.
Singapore shares rise on first trading day of 2025; STI up 0.4%
Losers beat gainers 284 to 246, with 812.8 million securities worth S$581.4 million changing hands. Read more at straitstimes.com.
Singapore economy beats forecasts in Q4 of 2024 but analysts see tougher 2025 growth outlook
On a quarter-on-quarter seasonally adjusted basis, the economy expanded 0.1 per cent, down from the 3.2 per cent growth in the third quarter of 2024. For full-year 2024, the economy grew 4 per cent, ...
Business sentiment improves for 2025; manpower costs, uncertain demand still top concerns
SINGAPORE businesses are more positive on the economic outlook for this year, even as rising manpower costs and demand uncertainty remain as key concerns, based on the annual national business survey ...
Singapore to become Asia’s next crypto hub with “risk-adjusted” regulation
Singapore’s regulatory regime is becoming a key destination for Web3 companies, after issuing twice as many crypto licenses in 2024 than the previous year. Singapore may emerge as the next major ...
Crypto mogul Do Kwon extradited to U.S. to face fraud charges
Montenegro on Tuesday extradited a Korean mogul known as “the cryptocurrency king” to the United States, following a decision of its justice ministry earlier this month to accept a U.S. request.
What Multinationals Should Know About Singapore’s 15% Tax Rate
Learn how Singapore's 15% tax rate under BEPS 2.0 impacts multinationals, the revamped tax incentives available, and why Singapore remains a premier hub for global business.
Singapore Growth Beats Estimates as PM Wong Flags Global Risks
Singapore’s Prime Minister Lawrence Wong said the country’s economy performed better than expected in 2024, building a strong foundation for the city state to confront a more complex international ...
Singapore economy grew 4% in 2024; government will continue to cushion impact of cost-of-living increases: PM Wong
SINGAPORE’S economy grew by 4 per cent for the whole of 2024, exceeding the most recent official forecast of an expansion of around 3.5 per cent. Read more at The Business Times.
Vietnam’s GDP predicted to surpass Singapore’s in 2029
Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).
Singapore shares retreat at Tuesday’s open; STI down 0.4%
SINGAPORE stocks started trading in negative territory on Tuesday (Dec 31) morning, mirroring overnight losses in global markets. Read more at The Business Times.
Budget 2025 wish list: Singapore businesses seek simpler tax processes
This includes simpler filing methods and more readily available tax advising services. Read more at straitstimes.com.
Singapore’s stock market may hinge on reforms in 2025, but outlook for some sectors look bright
ANALYSTS expect Singapore stocks to outperform and see significant upside in 2025, but there is a caveat: This is likely to happen only if market reforms are put in place to raise their relative ...
Indian conglomerate to exit $2 billion joint venture with Singapore-based company
SINGAPORE: India’s Adani Group has announced its decision to exit its consumer goods joint venture with Singapore-based Wilmar International in a deal valued at $2 billion. The divestment aligns with ...
India’s Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal
India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business. The divestment marks the ...
Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal
India's Adani group will exit the consumer goods joint venture with Singapore's Wilmar International in a deal valued at $2 billion as the Indian conglomerate focuses on core infrastructure business.