Singapore economy
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
In contrast, non-electronics shipments decline
SBF pushes back on US trade probes, warns tariffs would hurt American firms
Singapore’s acts, policies and practices do not ‘burden or restrict’ commerce of the United States, it adds
Singapore semicon firms not yet feeling the pinch from Iran energy crisis: industry body
But a prolonged crisis could eventually squeeze manufacturing margins
Semicon industry body targets next wave of chip growth with new photonics committee, talent partnerships
The tie-ups include developing deep-tech talent and India-Singapore semiconductor collaboration
Singapore tells US it has no forced labour in supply chains, pushes back on overcapacity claims
Any trade surplus the city-state runs with other nations is a ‘market-driven’ outcome, says MTI
Singapore economic outlook dulls as Q1 GDP growth comes in below forecasts at 4.6%
Economists largely hold their full-year estimates in the 2.5% to 3.5% range, flag rising downside risks
More monetary policy tightening moves on the cards this year: economists
April’s revisions seen as pre-emptive; inflation pass-through from Iran war yet to show up in data
Chemicals sector bears brunt of Iran conflict so far, but MAS flags wider fallout ahead
Rising production costs could feed through to consumer prices, squeezing household incomes and cooling domestic demand
Singapore tightens monetary policy for first time since 2022, raises inflation forecasts amid Iran war oil shock
Core and headline inflation forecast is raised to 1.5-2.5%, from 1-2% previously
Singapore’s GDP up 4.6% in Q1, missing forecasts
On a seasonally adjusted, quarterly basis, economic growth contracts by 0.3%
