Economy
Singapore price indices rise in January 2025
The Singapore Department of Statistics has reported notable increases in the country's price indices for January 2025. The Import Price Index rose by 1.7%, whilst...
Singapore services sector sees 8.5% growth in Q4 2024
Singapore's services sector, excluding wholesale trade, retail trade, accommodation, and food services, experienced an 8.5% increase in business receipts in the fourth quarter of 2024...
SLA partners to tackle climate challenges with space tech
The Singapore Land Authority (SLA) has announced two strategic partnerships aimed at utilising space-based technologies and data to develop geo-enabled solutions for climate mitigation and...
RHB forecasts cautious optimism for Singapore’s manufacturing
RHB Bank's latest Global Economics and Market Strategy Report, led by Acting Group Chief Economist Barnabas Gan, projects a cautiously optimistic outlook for Singapore's manufacturing...
Singapore’s industrial production sees January surge
Singapore's industrial production (IP) experienced a notable increase in January, rising 9.1% year-on-year (YoY), according to a report by UOB Global Economics and Markets Research....
Singapore’s core inflation slows amidst CPI rebasing
Singapore's core inflation rate experienced a significant decline to 0.8% year-on-year (YoY) in January 2025, down from a revised 1.7% in December, according to latest...
Singapore’s CPI falls 0.7% in January 2025
The Singapore Department of Statistics has announced that the Consumer Price Index (CPI) for January 2025 experienced a 0.7% decrease from the previous month. However,...
Singapore Budget 2025 unveils key business incentives
Singapore's Prime Minister and Minister for Finance, Lawrence Wong, announced the Singapore Budget 2025 on 18 February, focusing on enhancing the country's competitiveness amidst global...
Singapore Budget 2025 unveils key tax measures
Singapore has announced significant tax measures in its 2025 Budget, aiming to sustain its impressive GDP growth of 4.4% amidst global economic challenges. The government...
Singapore’s Budget 2025 reveals unexpected fiscal surplus
In a surprising turn of events, Singapore's Prime Minister and Finance Minister, Lawrence Wong, announced a fiscal surplus of 0.9% of GDP for the fiscal...
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