Economy
IRAS expands NoFiling Service for 2025 tax season
The Inland Revenue Authority of Singapore (IRAS) has announced that more than 19 million individual taxpayers will be eligible for the NoFiling Service (NFS) during...
Singapore retail and F&B sales rise in January
Retail sales in Singapore saw a notable increase of 4.5% in January 2025 compared to the same month last year, according to the latest data...
Singapore’s February PMI shows economic contraction
The Singapore Institute of Purchasing and Materials Management (SIPMM) has released the February 2025 Purchasing Managers' Index (PMI), revealing a contraction in the manufacturing sector....
Singapore price indices rise in January 2025
The Singapore Department of Statistics has reported notable increases in the country's price indices for January 2025. The Import Price Index rose by 1.7%, whilst...
Singapore services sector sees 8.5% growth in Q4 2024
Singapore's services sector, excluding wholesale trade, retail trade, accommodation, and food services, experienced an 8.5% increase in business receipts in the fourth quarter of 2024...
SLA partners to tackle climate challenges with space tech
The Singapore Land Authority (SLA) has announced two strategic partnerships aimed at utilising space-based technologies and data to develop geo-enabled solutions for climate mitigation and...
RHB forecasts cautious optimism for Singapore’s manufacturing
RHB Bank's latest Global Economics and Market Strategy Report, led by Acting Group Chief Economist Barnabas Gan, projects a cautiously optimistic outlook for Singapore's manufacturing...
Singapore’s industrial production sees January surge
Singapore's industrial production (IP) experienced a notable increase in January, rising 9.1% year-on-year (YoY), according to a report by UOB Global Economics and Markets Research....
Singapore’s core inflation slows amidst CPI rebasing
Singapore's core inflation rate experienced a significant decline to 0.8% year-on-year (YoY) in January 2025, down from a revised 1.7% in December, according to latest...
Singapore’s CPI falls 0.7% in January 2025
The Singapore Department of Statistics has announced that the Consumer Price Index (CPI) for January 2025 experienced a 0.7% decrease from the previous month. However,...
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