Economy
RHB upgrades Singapore’s NODX growth forecast
Singapore's non-oil domestic exports (NODX) are projected to grow by 2% in 2025, according to RHB Bank's latest Global Economics and Market Strategy Report. This...
Singapore’s NODX surges 13% in June
Singapore's non-oil domestic exports (NODX) experienced a remarkable 13% year-on-year increase in June, according to UOB Global Economics and Markets Research. This surge significantly surpassed...
Director fined $450,000 for GST evasion scheme
Jin Songzhe, a 51-year-old director of C&C Combine Singapore Co. Pte Ltd and Help & Love Internet Technology (Singapore) Pte Ltd, has been fined $450,000...
OCBC SME Index signals expansion in Q2 2025
The OCBC SME Index has shown an improvement in the second quarter (Q2) of 2025, reaching 50.5, up from 49.9 in the previous quarter. This...
Singapore’s non-oil exports rise by 13% in June
Singapore's non-oil domestic exports (NODX) experienced a robust growth of 13% in June 2025 compared to the same month last year, according to the latest...
Trump tariffs sour Singaporean sentiment towards US
Singaporeans are increasingly viewing the US and its products unfavourably following the reintroduction of tariffs on Asian goods by Donald Trump, according to the latest...
Economic uncertainties impact Singapore retail sales
Singapore's retail sales are expected to face challenges in the latter half of 2025, according to a report by RHB Bank's Group Chief Economist and...
Singapore retail sales rise 1.4% in May 2025
Retail sales in Singapore experienced a 1.4% increase in May 2025 compared to the same month last year, according to the latest data from the...
ASEAN Conference 2025 strengthens regional integration
The 9th ASEAN Conference, organised by the Singapore Business Federation (SBF) and supported by United Overseas Bank (UOB), RSM Singapore, and Rajah & Tann Singapore,...
ASEAN sees second highest FDI inflows in history
ASEAN has solidified its position as a leading destination for foreign direct investment (FDI), with inflows reaching $225b in 2024, marking the second highest in...
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