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Singapore economy

Singapore retail sales rise 2.7% in December 2025

The estimated total retail sales value in December 2025 was $4.8 billion.
The estimated total retail sales value in December 2025 was $4.8 billion.

FTA between S’pore, Paraguay comes into effect under deal on lower tariffs with South American bloc

Minister for Foreign Affairs Dr Vivian Balakrishnan with [from left] Argentina President Alberto Fernández, Paraguay President Santiago Peña, Brazil President Luiz Inácio Lula da Silva, and Uruguay President Luis Lacalle Pou, at the signing ceremony for the MERCOSUR-Singapore Free Trade Agreement in Rio de Janeiro, 7 December 2023. Credit: Ricardo Stuckert
Minister for Foreign Affairs Dr Vivian Balakrishnan with [from left] Argentina President Alberto Fernández, Paraguay President Santiago Peña, Brazil President Luiz Inácio Lula da Silva, and Uruguay President Luis Lacalle Pou, at the signing ceremony for the MERCOSUR-Singapore Free Trade Agreement in Rio de Janeiro, 7 December 2023. Credit: Ricardo Stuckert

World’s first airport test bed for open-fan aircraft engines among 8 agreements inked by CAAS

The testbed agreement aims to study the possibility of incorporating the next-generation open-fan engines into Singapore’s aviation operations.
The testbed agreement aims to study the possibility of incorporating the next-generation open-fan engines into Singapore’s aviation operations.

S’pore to encourage firms to take more risks to capture growth opportunities amid changing world

(From left) Singapore Acting Minister for Transport Jeffrey Siow, DPM Gan Kim Yong and Acting Minister for Culture, Community and Youth David Neo speaking to the media about the ESR on Jan 29.
(From left) Singapore Acting Minister for Transport Jeffrey Siow, DPM Gan Kim Yong and Acting Minister for Culture, Community and Youth David Neo speaking to the media about the ESR on Jan 29.

National strategy proposed to help workers navigate AI impact on jobs

One of the ways to ensure Singaporeans get good jobs is to make lifelong learning a practical reality for workers and to empower them to take charge of their careers.
One of the ways to ensure Singaporeans get good jobs is to make lifelong learning a practical reality for workers and to empower them to take charge of their careers.

Singapore rolls out 7 strategies to secure growth, good jobs amid tariff and AI threats

The recommendations included proposals on sustaining economic growth at the higher end of the 2 per cent to 3 per cent average over the next 10 years.
The recommendations included proposals on sustaining economic growth at the higher end of the 2 per cent to 3 per cent average over the next 10 years.

This Singapore Budget 2026 should look very different

If resilience was the theme of the early 2020s, the mid-2020s will demand something harder: reinvention, says the writer.
If resilience was the theme of the early 2020s, the mid-2020s will demand something harder: reinvention, says the writer.

Tech sector may account for larger share of Singapore’s GDP growth in 2026: MAS

A staff member in hazesuit works in the cleanroom of a wafer fab manufacturing facility at Singapore GlobalFoundries in Singapore on September 12, 2023. The world's third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expansion to help ease an industry supply crunch. (Photo by Roslan RAHMAN / AFP)
A staff member in hazesuit works in the cleanroom of a wafer fab manufacturing facility at Singapore GlobalFoundries in Singapore on September 12, 2023. The world's third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expansion to help ease an industry supply crunch. (Photo by Roslan RAHMAN / AFP)

MAS raises 2026 inflation forecasts but keeps Singdollar policy unchanged

On average over 2026, core inflation momentum is expected to come in at a pace that is slightly below trend.
On average over 2026, core inflation momentum is expected to come in at a pace that is slightly below trend.

Commentary

AI adoption could push up costs of living in Singapore

2026 could mark a new phase, where AI may push up future living costs, despite driving present day innovation, says the writer.
2026 could mark a new phase, where AI may push up future living costs, despite driving present day innovation, says the writer.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.