Economic growth

Asean working to be world’s fourth-largest economy by 2030, says Malaysian foreign minister

Malaysian Foreign Minister Mohamad Hasan says his country brought forward many resolutions in 2025 when chairing Asean.

China inflation slows in July, below forecast

Sluggish domestic consumption has threatened to weigh down national growth even as exports and certain high-tech sectors boom.

US services activity edges up in July: Survey

The services index of the Institute for Supply Management (ISM) saw an uptick that was slightly less than what analysts expected.

‘You must diversify’: Overseas expansion no longer optional amid uncertainty, says SBF chief

Singapore Business Federation chairman Mark Lee acknowledged in a recent interview that better connectivity can give consumers more alternatives and expose local businesses to greater competition.

News analysis

GIC, Temasek and MAS face a tougher world, but their long game is paying off

Economies are under relentless pressure to manage the balance between growth and inflation as the world economic order frays at the seams.

China factory activity surprises with first slump in five months

The official manufacturing purchasing managers’ index was 49.2 in July, down from 50.3 in June.

Consumers, AI spending likely supported US growth in second quarter

People work inside Microsoft’s data centre currently under construction at Mount Pleasant, Wisconsin.

MAS allows for a stronger Singdollar on persistent Iran war-induced inflation risk

MAS said the policy tightening in April, which followed a period of broad S$NEER appreciation, has contributed to a dampening of inflationary pressures in the economy.

AI is driving GDP growth, but could it turn into a headwind some day?

Singapore’s manufacturing and export sectors have been big winners from the AI boom as the Republic occupies a key position in the global semiconductor supply chain.

US attacks deepen hardship, not dissent, in Iran’s restive south

Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran. Southern Iran, which borders the Strait of Hormuz, has been a major target of US attacks on infrastructure.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.