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Economy


Economy

Singapore Budget 2025 unveils key business incentives

Singapore's Prime Minister and Minister for Finance, Lawrence Wong, announced the Singapore Budget 2025 on 18 February, focusing on enhancing the country's competitiveness amidst global...


Economy

Singapore Budget 2025 unveils key tax measures

Singapore has announced significant tax measures in its 2025 Budget, aiming to sustain its impressive GDP growth of 4.4% amidst global economic challenges. The government...


Economy

Singapore’s Budget 2025 reveals unexpected fiscal surplus

In a surprising turn of events, Singapore's Prime Minister and Finance Minister, Lawrence Wong, announced a fiscal surplus of 0.9% of GDP for the fiscal...


Economy

Singapore wholesale trade sees mixed results in Q4 2024

Singapore's wholesale trade sector experienced a mixed performance in the fourth quarter of 2024, according to the latest figures from the Singapore Department of Statistics....


Economy

Singapore firms explore Johor-Singapore economic zone

A significant business mission, organised by the Singapore Business Federation (SBF) and supported by UOB, Rajah & Tann, and RSM Singapore, has brought over 180...


Economy

Singapore 2025 budget focuses on social growth

Singapore's 2025 budget has unveiled a series of measures aimed at bolstering both economic and social growth, with a particular focus on supporting families and...


Economy

Singapore Budget 2025 boosts tech innovation

Singapore's 2025 Budget, unveiled today, has been met with positive reactions from tech companies, highlighting its focus on strengthening economic competitiveness and workforce skills. Key...


Economy

Singapore allocates S$150m for AI development

Singapore's Prime Minister, Lawrence Wong, has announced a S$150m allocation for a new Enterprise Compute Initiative as part of the Budget 2025, aiming to enhance...


Economy

RHB forecasts 2% growth in Singapore’s NODX for 2025

RHB Bank has projected a 2% growth in Singapore's non-oil domestic exports (NODX) for 2025, according to its latest Global Economics and Market Strategy Report....


Economy

Singapore’s NODX sees January decline amidst base effects

Singapore's non-oil domestic exports (NODX) experienced a contraction of 3.3% month-on-month in January, according to a report by UOB Global Economics and Markets Research. This...


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