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Economy


Economy

Singapore pledges US$87m to IDA21 replenishment

Singapore's Second Minister for Finance, Indranee Rajah, announced in Parliament on 4 February 2025 that Singapore will contribute up to US$87 million to the International...


Economy

Singapore’s SG60 budget to address economic challenges

Singapore's upcoming Budget 2025, set to be unveiled by Prime Minister and Finance Minister Lawrence Wong on 18 February, is anticipated to register a $6b...


Economy

MSMEs in Singapore and Indonesia embrace sustainability

Micro, Small, and Medium Enterprises (MSMEs) are pivotal to the economies of Southeast Asia, with Singapore's SMEs employing two-thirds of the workforce and contributing nearly...


Economy

Singapore Budget 2025 to adopt expansionary stance

UOB anticipates a fiscal deficit of $2.7bn, or 0.4% of GDP, for FY2025, as the government aims to address cost-of-living pressures whilst maintaining fiscal prudence....


Economy

Transformation needed to modernise Singapore’s boardrooms: KPMG

KPMG in Singapore has released the second episode of its vodcast series, "Singapore Budget 2025 Insights," focusing on the transformation required to modernise Singapore's boardrooms....


Economy

MAS eases policy amidst manufacturing surge

The Monetary Authority of Singapore (MAS) has slightly reduced the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) slope by an estimated 50 basis points, according...


Economy

Singaporeans optimistic for 2025, Hong Kong less so

A survey conducted by MDRi has highlighted a significant optimism divide between Singapore and Hong Kong this Year of the Snake. The survey, which included...


Economy

RHB forecasts Singapore’s 2025 GDP growth at 3%

Singapore's economy is set to experience moderate growth in 2025, with RHB Bank forecasting a 3% increase in both gross domestic product (GDP) and industrial...


Economy

Maybank report highlights Johor-Singapore SEZ progress

Maybank Securities has released a comprehensive report detailing the progress and key developments of the Johor-Singapore Special Economic Zone (JS-SEZ). The report, compiled by the...


Economy

Grab boosts Singapore economy by S$5.2b

Grab's on-demand services, including ride-hailing and delivery, have significantly bolstered Singapore's economy, contributing S$5.2 billion (US$3.9 billion) in 2023, according to a report by Oxford...


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