Economy & Policy

Competition watchdog not yet notified of Clementi Mall sale, CapitaLand-Mapletree merger

Informing the authority in such cases is voluntary, but CCS will monitor both developments, says minister

Above: The swearing-in of 20 political office holders at the Istana in May 2025. The panel reviewing their salary framework has a chairman and eight members, drawn from across industry.

Singapore convenes committee to review ministerial salaries

The current salary structure and benchmark has not been updated since 2012; the last review in 2023 was deferred amid uncertain economic conditions

Deloitte’s recommendations aim to “contribute to a tax architecture that is outward-looking and complements Singapore’s economic strategy in the decade ahead”, says Deloitte Singapore’s Rohan Solapurkar.
SINGAPORE BUDGET 2026

Deloitte proposes tax framework adjustments, AI support in Budget 2026 wish list

It also suggests measures to support workers

Senior Minister of State for Finance Jeffrey Siow says: “We will continue to review their mandates and performance regularly in line with changes in the global economic investment landscape."

Returns generated by GIC, Temasek ‘reasonable and within expectations’: Jeffrey Siow

He says Temasek operates mainly as a ‘bottom-up investor’, while GIC’s mandate is to preserve the international purchasing power of the assets under its management

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With AI reshaping employment and the labour market in constant flux, jobs that stand out include technical and strategic roles, and those requiring human judgment and connection.

Teachers, AI roles among Singapore’s fastest-growing jobs in 2026: LinkedIn

Technical and strategic roles alongside those requiring human judgement and connection are on the rise

Singapore's GDP growth of 4.8% in 2025 exceeds earlier estimates by the Ministry of Trade and Industry.

UOB lifts 2026 Singapore GDP forecast on ‘solid’ Q4 growth, ‘outperformance’ in 2025; RHB maintains projections

AI-related electronics demand, improving trade dynamics and anticipated global monetary easing are set to drive economic expansion

November’s performance surpassed the expectations of private-sector economists.

Singapore retail sales up 6.3% in November

Most retail sectors record year-on-year growth in sales

Liew Nam Soon (left), Singapore managing partner, EY, notes the importance of inclusive growth, and EY's Singapore head of tax, Amy Ang, says the city-state must ensure that its tax regime remains relevant and effective.
SINGAPORE BUDGET 2026

EY proposes AI, green transition support, tax system tweaks in Budget 2026 wish list

The firm is also calling for measures to support the green transition and the workforce

Venezuela's leader Nicolas Maduro and his wife have been seized by US forces.

Trump says US oil producers to invest billions in Venezuela following Maduro capture

He describes an ambitious vision to use US financial resources and industry know-how to restore the South American nation’s oil sector