Economy
PAP victory ensures policy continuity in Singapore
The People's Action Party (PAP) has secured another victory in Singapore's recent election held on 3 May, ensuring the continuation of its established macroeconomic policies....
Singapore retail sales rise, food services decline
The Singapore Department of Statistics has reported a 1.1% increase in retail sales for March 2025 compared to the same month last year. When excluding...
Singapore’s April PMI shows economic contraction
The Singapore Institute of Purchasing and Materials Management (SIPMM) has released the April 2025 Purchasing Managers' Index (PMI), revealing a contraction in the manufacturing sector....
Singapore services sector anticipates challenging Q2 2025
The Singapore Department of Statistics has revealed that the services sector is bracing for a challenging second quarter in 2025, with only 8% of firms...
Singapore’s unemployment rate rises amidst global uncertainty
Singapore's labour market has shown signs of weakening, with the unemployment rate rising to 2.1% in the first quarter of 2025, up from 1.9% in...
MAS projects slower Singapore economic growth in 2025
The Monetary Authority of Singapore (MAS) has forecasted a significant slowdown in Singapore's economic growth for 2025, projecting a range of 0.0% to 2.0%. This...
RHB predicts persistent softer inflation in 2025
Singapore's inflation rates are expected to remain subdued throughout 2025, according to the latest Global Economics and Market Strategy Report by RHB Bank. The bank's...
RHB forecasts Singapore’s technical recession in 1H25
Singapore is poised to face a technical recession in the first half of 2025, according to RHB Bank's latest Global Economics and Market Strategy Report....
Inflation slows in Singapore and Malaysia
Inflation rates in Singapore and Malaysia have shown a notable decline. In March, Singapore's headline inflation remained stable at 0.9% year on year, slightly below...
Singapore’s March CPI signals potential deflationary risks
Singapore's core inflation rate has once again fallen below expectations, registering a year-on-year increase of just 0.5% in March 2025, according to UOB Global Economics...
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