Economy

SBF backs task force to assess tariff impact on business

SBF backs task force to assess tariff impact on business

A bigger trade war could drag the economy, where the trade-to-GDP ratio exceeds 300%. 

UOB cuts Singapore 2025 growth forecast to 1.5%

Direct cash or voucher disbursements and employment support could cushion the impact.

Cambodia joins ASEAN RPC initiative to boost payment links

RPC was launched in 2022 by central banks of Singapore, Indonesia, Malaysia, and more.

Singapore tops Asia in private wealth

The city-state ranks just behind New York, the Bay Area, and Tokyo in the global list.

Wong flags wage, hiring risks after US tariff decision

The country’s growth forecast will likely be revised downwards.

Singapore cited by UN ESCAP for green central banking practices

Countries like Singapore “have enhanced... ability to cope with macroeconomic implications of climate change.”

SG, Chile sign agreement on carbon credit collaboration

The projects authorised under the agreement will promote sustainable development.

Asian markets hit hard as US-China tariff standoff escalates

Analyst calls it one of the worst rout in years.

Strong fiscal strength gives SG edge amidst trade tensions: report

Projects like the Jurong-Southern Economic Zone are expected to strengthen Singapore’s appeal in global supply chain realignments.

Retail outlook clouded by uncertainties in 2025

Growth may decelerate in the second half due to rising trade tensions.

S’pore needs to be 'nimble' amidst global uncertainties: Pritam Singh

Singh also echoed Prime Minister Wong’s call for unity.

Singapore leads in VC and M&A deals Q1 despite global slump

Digital Edge DC raised a staggering $640m in a Series A round.

Singapore faces tariff spillover risk despite lighter US duties

It has the highest direct exposure to US demand amongst all Asian economies studied.

Singapore amongst Asian economies most exposed to US tariffs: report

Singapore’s ability to negotiate tariff reductions remains unspecified.

Singapore GDP forecast lowered on tariff impact; MAS easing likely

There is a 90% chance MAS will enact a 1% slope reduction to zero, Nomura said.

Reciprocal tariffs manageable for Singapore but SEA faces bigger risk

Medical apparatus, precision engineering equipment, and ships and boats will be most affected.

PMI slips to 50.6 in March

March marked the 19th month of expansion for the overall manufacturing sector.