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Ministry of Trade & Industry

In 2025, Singapore exported S$27 billion worth of NODX to the United States.

Global Enterprise

Proposed 12.5% tariff could affect one-third of Singapore exports; MTI rejects US claim of forced labour links

Exemptions include energy products, pharmaceuticals, certain electronics, aerospace products and semiconductors

Edmund Koh, chairman of Asia-Pacific at UBS, will be taking over the chairmanship of Sentosa Development Corporation.

EDB, JTC, EMA among stat boards with leadership changes

The changes across the six statutory boards are effective from Apr 1

Senior Minister of State for Trade and Industry Low Yen Ling says businesses need only submit a single application under the combined grant framework.

Economy & Policy

SINGAPORE BUDGET 2026

Budget 2026: New consolidated Edge grant to streamline funding application process for SMEs

Existing support schemes will also be enhanced to help more Singapore businesses capture overseas and domestic growth

Minister-in-charge of Energy and Science and Technology Tan See Leng says the government is significantly increasing investments in promising solutions to reduce power sector and industry emissions, and ensure a reliable and resilient power system.

Economy & Policy

SINGAPORE BUDGET 2026

Budget 2026: New S$800 million decarbonisation challenge to support research and innovation in low-carbon technologies

There will also be a new programme under it that develops promising solutions into commercially deployable ones to serve Singapore's climate goals

The new AI park at one-north is likely to boost demand for industrial spaces in the area, say analysts.

Government’s AI push set to spur interest in one-north tech hub: analysts

CapitaLand, CapitaLand Ascendas Reit, Keppel DC Reit stand to benefit from drive to build artificial intelligence ecosystem

Dr Tan says Singapore will invest strategically in emerging areas, which include climate sustainability technologies.

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

The official forecast ranges for 2026 will be updated in the upcoming monetary policy statement, which will be released on Jan 29.

Economy & Policy

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%

While the tariffs are currently narrowly focused, the White House cautioned that broader semiconductor tariffs may follow “in the near future”.

Trump’s AI chip tariffs have ‘minimal impact’ on Singapore: MTI

The 25% duties apply to advanced artificial intelligence chips not manufactured locally

Of the retail food and beverage businesses that had closed as at Oct 23, 63% had been registered for five years or under.

Economy & Policy

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

A leading global chipmaker's factory in Ho Chi Minh City. The Singapore-Vietnam Innovation Talent Exchange Programme offers opportunities for up to 300 young professionals to take up roles in fields such as data science, AI and semiconductors.

Singapore-Vietnam talent exchange scheme for young professionals up and running

They can gain regional work experience for career development in innovation-related roles

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