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....
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...
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....
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....
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...
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...
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...
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...
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,...
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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