Economy

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

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

Electronic boom sets off GDP growth upgrade

AI-related demand and chip supercycle is boosting the industry.

S’pore named preferred ASEAN equity market amidst $2b support package

The latest $900m tranche supports households and SMEs. 

Hiring shifts toward domain expertise as AI reshapes roles

Entry-level positions accounted for just 16% of AI job opportunities on the Jobstreet platform in Q2.

S’pore must deepen ASEAN links as business costs rise: report

Cross-border power grid and logistics links seen as key to regional competitiveness.

Singapore-Brazil trade ties deepen as MERCOSUR pact enters force

The deal comes as both countries prepare to mark 60 years of diplomatic ties in 2027.

Services outlook rebounds for H2 2026

Accommodation and wholesale trade recorded the strongest business expectations.

Households to receive extra $300 in CDC vouchers in January 2027

The support comes under a second support package worth around $900m.

Gov’t rolls out $900m package as Middle East conflict persists

SMEs to receive enhanced financing, cash grants, and rental support.

Import and export prices fall in June

Lower oil prices outweighed continued increases in non-oil components.

Manufactured product prices fall 0.7% in June

Lower petroleum prices outweighed continued gains in the non-oil index.

AI investment boom a major uncertainty for financial stability: MAS chief

A pullback could hit global growth, asset values, and financial markets. 

Singapore signs essential trade agreement with Australia

This includes petroleum oils such as diesel and liquefied natural gas.

AI demand shields growth from Middle East oil shock: MAS

Electronics output rose 38% as exports surged 79% in April–May. 

Portfolio assets climb 10.7% to $3.04t on equity gains

Equity and fund holdings rose 14.6%, whilst long-term debt securities gained 7.3%.