OECD

OECD points to potential economic icebergs ahead

Rising trade restrictions between the US and other countries could ‘inflict significant damage’ on global output and supply chains

Global trade growth is expected to moderate from 4.2% in 2025 to 2.3% in 2026 as the full effects of tariffs weigh on investment and consumption.

Tariffs, AI boom could test global growth’s resilience, OECD says

In its Economic Outlook report, the organisation says an artificial intelligence investment boom has helped offset some of the shock from US tariff hikes

While the effects of advancing goods imports are fading and any dent on real activity remains to be seen, the OECD said consequences are already visible in some consumer prices and spending choices.

World economy yet to feel full force of Trump tariffs: OECD

The organisation raises its 2025 outlook for global growth and most individual economies

OECD chief economist Alvaro Pereira says: “For everyone, including the US, the best option is that countries sit down and get an agreement.”

Trade war cuts global economic growth outlook: OECD

US inflation is expected to accelerate to just under 4% by the end of the year

OECD says the likely economic slowdown will cost the United States more than the extra income the tariffs are supposed to generate.

Trump trade war to sap Canadian, Mexican and US growth, OECD says

Global growth is on course to slow slightly from 3.2% in 2024 to 3.1% in 2025 and 3.0% in 2026

The OECD's Andrew Blazey says that the arrangements for fiscal discipline and fiscal management are very strong in Singapore.
BUDGET 2025

Singapore’s Budget framework has adapted well to challenges including ageing, slower growth: OECD

Maintain direction, continue focus on medium-term outlook as expenditure needs grow

Indonesia is among 140 countries which agreed on a landmark 2021 deal that allows governments to apply a top-up tax to the 15 per cent level on any corporate profits booked in a country with a lower rate.

Indonesia issues regulation to implement global minimum tax

INDONESIA’S finance ministry said on Thursday (Jan 16) it had issued a regulation to implement the global minimum corporate tax at 15 per cent effective from Jan 1, as part of an international push to...

Under new rules being shepherded by the OECD, a minimum 15 per cent tax will be charged on multinationals with an annual global turnover of more than 750 million euros (S$1.06 billion), regardless of their location.

Thailand to implement global minimum corporate tax rate from Jan 1

Indonesia, Malaysia and Singapore have also said they will implement the minimum tax rate in 2025

The OECD says “increases in trade-restrictive measures could raise costs and prices, deter investment, weaken innovation and ultimately lower growth”.

OECD ups global growth forecast but warns of protectionism risk

The 0.1-percentage-point increase in its 2025 global growth forecast, to 3.3%, was primarily due to stronger US growth

The world economy was projected to grow 3.2 per cent both this and next year, the Organisation for Economic Cooperation and Development forecast, nudging up its 2024 forecast from 3.1 per cent previously while leaving 2025 unchanged.

OECD sees global growth stabilising at 3.2% this year

GLOBAL growth is in the process of stabilising as the drag from central bank rate hikes fades and falling inflation boosts households’ incomes, the OECD said on Wednesday (Sep 25), marginally raising ...