Economy
Singapore retail sales fall 2.9% in December 2024
Retail sales in Singapore experienced a decline of 2.9% in December 2024 compared to the same month in 2023, according to the latest figures released...
Singapore retail sales face challenges, hope for 2025
Singapore's retail sector experienced a challenging year in 2024, with sales contracting for two consecutive months, according to a report by UOB Global Economics and...
Singapore retail sales dip 2.9% in December 2024
Singapore's retail sector experienced a downturn in December 2024, with sales dropping by 2.9% compared to the same month in 2023, according to the latest...
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...
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...
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...
Singapore Budget 2025 to adopt expansionary stance
UOB anticipates a fiscal deficit of $2.7bn, or 0.4% of GDP, for FY2025, as the government aims to address cost-of-living pressures whilst maintaining fiscal prudence....
Transformation needed to modernise Singapore’s boardrooms: KPMG
KPMG in Singapore has released the second episode of its vodcast series, "Singapore Budget 2025 Insights," focusing on the transformation required to modernise Singapore's boardrooms....
MAS eases policy amidst manufacturing surge
The Monetary Authority of Singapore (MAS) has slightly reduced the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) slope by an estimated 50 basis points, according...
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...
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