Ministry of Trade & Industry
Singapore to establish national space agency NSAS under MTI
The National Space Agency of Singapore will front the Republic’s ambitions to be a leader in space technologies
Singapore’s 2025 core inflation averages 0.7%, down from 2.8% in 2024
December’s core and headline inflation stayed unchanged at 1.2%
Trump’s AI chip tariffs have ‘minimal impact’ on Singapore: MTI
The 25% duties apply to advanced artificial intelligence chips not manufactured locally
Of F&B closures in 2025, 82% of those registered for up to 5 years had never made a profit: MTI
From Jan 1 to Oct 23, there were 3,357 new retail food establishments and 2,431 closures, going by data from Acra
Singapore-Vietnam talent exchange scheme for young professionals up and running
They can gain regional work experience for career development in innovation-related roles
New US pharmaceutical tariffs may have ‘no immediate impact’ on drugmakers: DPM Gan
Drugmakers are ‘continuing to clarify’ to better understand the conditions and criteria tied to the new taxes
MTI confirms that Singapore remains subject to 10% baseline tariff on exports to US
No details yet on planned sectoral tariffs on pharmaceuticals and semiconductors
Economists upgrade 2025 outlook after Q2 GDP turns out better than expected
Front-loading of exports and manufacturing before end of 90-day pause in US tariffs boosted Q2; slowdown in H2 expected as effect fades
Singapore GDP up 4.3% in Q2, well above market expectations amid US tariff pause
Q1 growth revised upwards to 4.1%
Singapore’s core inflation inches up to 0.7% in April; headline inflation is unchanged at 0.9%
Both numbers come in above economists’ estimates; MAS and MTI maintain full-year forecast range for these at 0.5 to 1.5%
