Economy
Singapore’s industrial sector remains resilient in Q2 2025
Singapore's industrial sector demonstrated resilience in Q2 2025, with the economy expanding by 4.3% year-on-year and 1.4% quarter-on-quarter, according to the Ministry of Trade and...
RHB upgrades Singapore’s NODX growth forecast
Singapore's non-oil domestic exports (NODX) are set for a 2% growth in 2025, according to RHB's latest economic research. This marks an upgrade from the...
AI adoption to drive Singapore’s 3% GDP growth
Morgan Stanley Research has unveiled a report highlighting how artificial intelligence (AI) is set to propel Singapore's economic growth amidst challenges posed by an ageing...
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...
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