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Economy


Economy

Asia’s wealthy families retain business control

New research by The Bridgespan Group reveals that Asia's wealthiest families, predominantly first- or second-generation wealth holders, are reshaping philanthropy through their unique approaches. The...


Economy

ASEAN firms slash broad hiring amid economic uncertainty

ASEAN businesses are shifting their hiring and investment strategies in response to a complex economic landscape, according to a recent study by Reeracoen Group and...


Economy

Study reveals Southeast Asia’s cost crisis

A recent study by Milieu highlights that the cost of living is the predominant concern for Southeast Asians, with significant variations in optimism about the...


Economy

Payment delays surge, hitting Singapore firms hard

Payment discipline among Singapore businesses is deteriorating, with 49% of firms reporting more frequent payment delays over the past year, according to the Coface APAC...


Economy

SBF deepens ties with KADIN to help SMEs tap regional growth

The Singapore Business Federation (SBF) and the Indonesian Chamber of Commerce and Industry (KADIN) have reinforced their partnership to enhance cross-border trade opportunities for Indonesian...


Economy

MAS and Bank Indonesia operationalise currency trade framework

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have operationalised a new framework to settle bilateral trade transactions in local currencies. Announced on...


Economy

Wholesale trade drives 27.8% surge in Singapore services in Q2 2026

Singapore's services sector experienced a significant increase in business receipts, rising by 25.5% in the second quarter of 2026 compared to the same period last...


Economy

Manufacturing slowdown hits Singapore economy in July 2026

Singapore's manufacturing sector experienced a slowdown in July, but the artificial intelligence (AI) industry is showing sustained growth, according to a recent report by Maybank...


Economy

Singapore’s industrial production slightly recovers in July 2026

Singapore's industrial production (IP) experienced a slight recovery in July, increasing by 2.3% month-on-month seasonally adjusted, following a 7.0% decline in June, according to UOB...


Economy

Inflation risks surge in Singapore

RHB has maintained its full-year forecast for Singapore's headline and core inflation at 2.5% and 2.0%, respectively, for 2026. This comes amidst a manageable year-to-date...


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