Economy

Singapore to probe wrongdoing but won’t police all supply chains: PM Wong

The government says it will investigate and enforce rules against illegal trade.  

Domestic wholesale sales up 20.3% in Q2

Foreign wholesale sales grew 28.6% YoY.

NODX forecast lifted to 15.5% as US tariff threatens one-third of exports

Enterprise Singapore also raised its 2026 NODX band to 14%-16% from 3%-5% as July exports jumped 24.2%.

US flags Singapore, 40 economies over China-linked transhipment

City-state classified as Tier 3, covering smaller markets with rerouting appeal. 

July key exports rise 24.2% on AI-driven electronics demand

Electronics NODX jumped 112% from 105.1% in June.

Singapore equities triple APAC benchmark's gain over three months

The financial industry was the driving force behind the country’s performance.

Monday Wrap: Firms brace for profit squeeze as banks rally

Profit pressure, stretched bank valuations and weak succession planning temper an otherwise strong economic outlook.

Stronger credit to drive financial sector after 6.2% Q2 growth

Robust lending and wealth management activity underpinned the sector’s gains.

Industrial leasing falls 4.6% despite factory growth

Occupier demand to remain concentrated in modern, well-connected and higher-quality properties.

AI boom lifts 2027 growth outlook to 4%

The MTI substantially raised its own 2026 growth forecast to a range of 4.5% to 5.5%.

AI workplace policy should drive job transformation, not displacement, MTI says

Lower prices due to reduced costs will allow firms to expand output, the study said.

GDP forecast raised to 4.5%-5.5% on global AI capex surge

Further acceleration in AI-related capital expenditure raises growth prospects.

NODX 2026 outlook lifted to 14%-16% on AI demand surge

Companies expect improved overseas deliveries and higher average selling prices in Q3.

Success of local, global firms key to economy: Minister Siow

MOF ready to add resources as firms tap nearly $2b in yearly SME support.