In Focus

Singapore private sector posts 58.1 PMI in September

Input costs hit a survey record as supplier performance deteriorated sharply.

Rising rates to favour OCBC and UOB over DBS

OCBC gains about S$6m per 1 basis point movement in the rates of four currencies.

Digital adoption hits 96.4% of firms in 2025

Average use per enterprise grew to 2.5 from 2.3 areas out of six.

Stronger tourist arrivals fail to translate into stronger retail sales

CGS said the gap points to subdued spending among tourists and locals.

Loan competition may weigh on Singapore banks’ margins

CGS International expects NIM expansion to support NII only from 4Q26.

Finance tops digitalisation gains as 3 sectors corner 81% of value

Construction, retail and food services combined for just $2.4b of digitalisation value.

Investment banking fees hit highest 9M period in five years

M&A deals, equity issues, and primary bond issues rose to new highs.

Mid-career workers feel most financially exposed despite leading on promotions

Only 10% of workers aged 27 to 39 strongly agree they feel good about their financial health.

Info-comms GDP share climbs to 6.3% as sector growth slows sharply

Its gross domestic product contribution also grew to $47.1b.

Singapore’s strong economic growth masks cooling job market

AI adoption could reduce manpower needs, particularly in services sector, Maybank said.

Energy price shock broadens consumer price pressures

UOB raised its 2027 average core inflation forecast to 2.2% from 2.1%.

Half of developers moderately concerned about labour costs: survey

One in three are most concerned, whilst one in five are not concerned at all.

Nearly all IT leaders say AI accessed sensitive data without permission

Singapore ranks second globally for unauthorised AI data access.

Developers expect no change in residential launches and prices in next 6 months

One in three still expect prices to rise moderately over the period.

Financial institutions face governance and skills gaps in cloud adoption

About 94% of RegTechs surveyed reported cloud adoption hesitation from FIs.