Singapore economy

About 1 in 7 Singapore families has income of at least S$30k a month; share almost doubled in 5 years

Excluding the volatile biomedical manufacturing cluster, output grew 17.7% year on year in May. This was down from April’s revised expansion of 20.2%.

Singapore factory output growth eases to 13% in May; electronics to remain key driver

From left: Acting Minister for Transport Jeffrey Siow, Deputy Prime Minister Gan Kim Yong and Acting Minister for Culture, Community and Youth David Neo meeting the media to deliver the midterm update on the Economic Strategy Review in January.

Singapore releases Economic Strategy Review Final Report with more detailed proposals

Inflation risks remain tilted to the upside, as a slower-than-expected resumption in global energy supplies or continued shortages of key inputs to supply chains could further raise imported costs, say MAS and MTI.

MAS likely to hold in July as Singapore’s May core inflation undershoots forecasts: economists

On a month-on-month basis, the core consumer price index was unchanged, while the all-items CPI rose by 0.7 per cent.

Singapore core inflation holds at 1.4% in May, undershooting forecasts as services prices cool

At full capacity, the new facility will be able to accommodate two million visitors annually, with half expected to be international visitors.

Mah Bow Tan-led Therme Singapore breaks ground on wellness facility with thermal baths, spas

May’s NODX growth figure also outperformed economists’ median forecast of 30.5 per cent year-on-year growth, a Bloomberg poll showed.

AI demand to keep Singapore’s export growth robust despite Middle East uncertainty: economists

MAS' latest survey shows economists' full-year median forecasts at 2.3% for headline inflation and 2% for core inflation, both up from 1.5% in the March poll.

Economists raise inflation projections, lower growth forecasts in first MAS survey since Iran war

Singapore's total merchandise trade grows 39.7% in May, with both exports and imports increasing.

Singapore’s key exports growth hits 22-year high of 38.4% in May

Total employment's expansion in Q1 is underpinned by stronger resident employment gains.

Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up