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Economy


Economy

Singapore retail sales drop 3.6% in February 2025

Retail sales in Singapore experienced a 3.6% decline in February 2025 compared to the same month last year, according to the Singapore Department of Statistics....


Economy

Trump’s tariffs pose indirect risks for Singapore: StashAway

Stephanie Leung, Chief Investment Officer at StashAway, has highlighted the potential indirect risks that US tariffs could pose to Singapore's economy. Whilst direct exports to...


Economy

Trump’s tariffs pose risks to Singapore’s economy: UOB

Singapore's economy may be significantly impacted by new tariffs imposed by the US, according to a preliminary assessment by UOB Global Economics and Markets Research....


Economy

MAS reassures stability in Singapore’s markets

The Monetary Authority of Singapore (MAS) announced on 3 April that Singapore's foreign exchange and money markets are operating normally, amidst ongoing global economic uncertainties....


Economy

AmChamSG survey reveals tariff concerns amongst businesses

A recent survey by the American Chamber of Commerce in Singapore (AmChamSG) has highlighted significant concerns amongst businesses regarding the impact of reciprocal tariffs. Conducted...


Economy

Singapore’s price indices decline in February 2025

The Singapore Department of Statistics has reported a decline in the country's price indices for February 2025. The Monthly Import and Export Price Indices fell...


Economy

Singapore’s manufacturing output declines in February

Singapore's industrial production (IP) experienced a significant decline in February, contracting by 7.5% month-on-month seasonally adjusted, according to a report by UOB Global Economics and...


Economy

SIF and VSFA renew MOU to strengthen ties

The Singapore International Foundation (SIF) and the Vietnam-Singapore Friendship Association (VSFA) have renewed their partnership with a Memorandum of Understanding (MOU) signed on 26 March...


Economy

Singapore’s services producer prices show mixed trends

The Singapore Department of Statistics has released the Services Producer Price Indices for the fourth quarter of 2024, revealing varied trends across different sectors. Notably,...


Economy

Singapore’s core inflation eases, prompting policy review

Singapore's core inflation rate dropped to 0.6% year-on-year in February 2025, down from 0.8% in January, according to UOB Global Economics and Markets Research. This...


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