Economy
Singapore’s service prices rise in Q1 2025
The Singapore Department of Statistics has reported a mixed performance in the Services Producer Price Indices for the first quarter of 2025. Notably, the indices...
Singapore SMBs embrace digitalisation amid economic challenges
Singapore's small and medium businesses (SMBs) are demonstrating resilience and a focus on growth through digitalisation, despite facing economic pressures, according to a new report...
Singapore’s core inflation eases to 0.6% in May
Singapore's core inflation rate eased to 0.6% year-on-year in May, down from 0.7% in April, as reported by Nomura's Asia ex-Japan Daily Research Summary. This...
Morgan Stanley forecasts Singapore’s wealth creation surge
Morgan Stanley Research has unveiled a report highlighting Singapore's potential for significant wealth creation as it approaches its 60th anniversary of independence. The report outlines...
Singapore’s inflation hits record low in May
Singapore's core inflation rate fell to 0.6% year-on-year in May, marking the lowest level since 2021, according to recent data. The headline inflation rate also...
Asia-Pacific economic resilience varies by region, Singapore may see slowdown
Asia-Pacific economies are facing significant external pressures in Q3 2025, primarily due to uncertain US tariff policies and reduced imports from China, according to a...
Middle East conflict impacts Singapore’s inflation outlook
The recent escalation in the Israel-Iran conflict has led to a significant rise in Brent crude oil prices, now ranging between US$75-80 per barrel, according...
RHB maintains Singapore’s inflation forecast for 2025
RHB Bank has announced that it will maintain its 2025 full-year headline and core inflation forecasts for Singapore at 1.6% and 1.1%, respectively. This decision...
Singapore’s CPI rises 0.7% in May 2025
The Singapore Department of Statistics has reported a 0.7% rise in the Consumer Price Index (CPI) for May 2025 compared to April, marking a 0.8%...
KPMG forecasts global GDP slowdown amid geopolitical shifts
KPMG International has released its Global Economic Outlook for June 2025, forecasting a significant slowdown in global GDP growth from 3.2% in 2024 to 2.7%...
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