Low Youjin

Low Youjin

CORRESPONDENT

Low Youjin is a correspondent at The Business Times where he covers Singapore macroeconomics, labour, and manpower policies.

Private-sector economists expect GDP growth for 2026 to come in at 2.3 per cent, up from the 1.9 per cent projection they made in the September survey.

Economists raise Singapore’s 2026 growth forecast to 2.3%, upgrade 2025 forecast: MAS survey

Full-year growth for 2025 is now expected at 4.1%, with a boost from manufacturing

While SNEF acknowledges that foreign-manpower policies must “strike a careful balance”, it notes that it is getting tougher for employers to fill key roles amid tighter rules.

SNEF calls for more foreign-manpower flexibility, cost relief in Budget 2026 wish list

This comes as around three in four employers expect uncertainty next year, which could weigh on hiring and wage growth

Schools say international students form the bulk of full-time MBA applicants, while Singaporeans make up a significant share of the part-time cohort.

Singapore MBAs draw stronger interest amid global visa tightening and career shifts

HR firms say such degrees are most valuable for those in senior leadership roles, even as more mid-career professionals explore them to...

There were fewer incidents of retrenchments due to reasons such as downturn in the industry or concerns of high costs.

Retrenchments rise slightly in Q3 amid restructuring, but hiring remains firm

The layoffs are concentrated in growth sectors such as financial services, professional services and information and communications

Panellists agreed that 2025 had turned out better than they had feared, with the doomsday scenario they had braced for soon after “Liberation Day” not materialising.

More companies intensifying overseas expansion efforts after ‘better-than-expected’ 2025: panel

Singapore SMEs should also look into making sustainability a core part of their strategy as it helps with saving costs

Private Wealth in 2026 by Daryl Ho, Senior Investment Strategist, DBS Chief Investment Office. DBS annual market outlook forum, which will include a panel discussion on navigating the potential challenges of 2026.

Asia still ‘under-invested’ despite improving profits, attractive valuations: DBS

Stronger income, growth and valuations point to ‘clear and present’ opportunities in Asia, says senior investment strategist

Senior Minister and Chair of the RIE Council Lee Hsien Loong (C) said Singapore can play a role as a “semiconductor centre”, given its skilled, disciplined workforce and a stable economic and political environment. Seen beside him are  Heng Swee Keat (L), Chairman of the National Research Foundation (NRF) and Professor Tan Chorh Chuan, Permanent Secretary (National Research and Development).

Singapore invests S$37 billion in RIE2030 research plan; semiconductors, ageing among focus areas

Of this, S$3 billion will be set aside for two new research programmes

The recommendations “can contribute towards strengthening Singapore companies to seize growth opportunities in the new economy”, said SCCCI.

SCCCI proposes five Budget 2026 measures, including help for SMEs with costs and competitiveness

Rising expenses, manpower shortages and transformation needs top list of business challenges

Channels for feedback include the Singapore Budget website, the REACH Budget 2026 microsite or the People’s Association ShareYourViews webpage

MOF seeks public feedback for Budget 2026 on economy, jobs and social support

Views will be accepted until Jan 12, ahead of the Budget in February

Lower-wage workers' real wage growth of 3.8% in 2025 is higher than the annual average rate over the past five years and the past decade.

Singapore’s real income growth improves to 4.3% amid low inflation

This was despite a slowdown in nominal wage growth