Economy & Policy
Fuel supply stable, but government keeping watch on need to intervene amid price hikes: Jeffrey Siow
Rising fuel prices impact transport; airlines raise ticket prices, operators offer subsidies
Economists warn that Singapore factory output could slow or contract further from Gulf conflict, following February’s 0.1% shock dip
February’s performance is in stark contrast to private-sector economists’ estimates, who predict a median 14.1% expansion
Singapore firms more selective in hiring as Iran war adds to cost pressures
Recruitment remains steady for now, but recruiters say roles are taking longer to fill
Don’t ditch long-term internationalisation strategy amid global uncertainty, DPM Gan urges Singapore firms
He is speaking ahead of a trip to Germany, where he will meet business associations and companies
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Singapore will stick to rules-based trade principles, even if unfavourable in short term: DPM Gan
He says negotiations with the US to secure a better trade deal are ongoing
Economists expect raised inflation forecast, MAS policy tightening in April on war-led cost pressures
Barclays is the outlier, expecting a policy move only in July
Singapore import costs to face pressure amid energy price hikes: MAS; Feb core inflation accelerates to 1.4%
It will update inflation outlook in April policy statement; MAS, MTI keep 2026 core and headline inflation forecasts at 1-2% but flag that prices likely to increase
Singapore labour demand shifts to growth sectors such as tech; new roles make up nearly half of vacancies in 2025
Sectors with higher-than-average shares of new roles include information and communications and professional services
PMET layoffs, vacancies suggest ongoing restructuring; no broad-based displacement by AI: MOM
Singapore’s labour market to keep expanding in 2026, after more job vacancies and higher re-entry rate in Q4
F&B industry mulls higher menu prices, offshoring and closures with wages set to rise
Companies may get co-funding support under a government scheme, but not all businesses will qualify
