Straitstimes.com header logo

Choose edition

Search

singapore

asia

world

opinion

life

business

sport

Visual

Podcasts

SPH Rewards

STClassifieds

Paid press releases

Advertise with us

FAQs

Contact us

 

Economic slowdown

ASEAN economic ministers say Middle East war could significantly slow regional growth

ASEAN said rising energy and transport costs are cascading into food systems, including higher fertiliser prices and potential disruptions in fertiliser supply chains.
ASEAN said rising energy and transport costs are cascading into food systems, including higher fertiliser prices and potential disruptions in fertiliser supply chains.

Indian officials see Iran war oil shock as disruptive as Covid-19

India gets about 90 per cent of its gas from the Middle East.
India gets about 90 per cent of its gas from the Middle East.

Energy shock from Iran war to hit S’pore sectors like property and F&B; bunkering already affected

A prolonged disruption to global energy supplies poses risks of higher inflation and weaker growth in Singapore, and moderate demand for labour and wage growth.
A prolonged disruption to global energy supplies poses risks of higher inflation and weaker growth in Singapore, and moderate demand for labour and wage growth.

Australian business, consumer confidence crashes on worries about fallout from Iran war

The two surveys added to concerns that both supply and demand shocks could put the Australian economy into stagflation.
The two surveys added to concerns that both supply and demand shocks could put the Australian economy into stagflation.

IMF expects to provide vulnerable economies hit by Iran war up to $63 billion

IMF managing director Kristalina Georgieva delivers a speech ahead of the IMF and World Bank's spring meetings on April 9.
IMF managing director Kristalina Georgieva delivers a speech ahead of the IMF and World Bank's spring meetings on April 9.

Iran’s shattered economy means any success in war may be fleeting

FILE PHOTO: An Iranian flag hangs amidst the rubble of a building of the Sharif University of Technology, which was damaged in a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, April 7, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
FILE PHOTO: An Iranian flag hangs amidst the rubble of a building of the Sharif University of Technology, which was damaged in a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, April 7, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Singapore faces risk of slower growth, higher inflation as Middle East conflict drags on: DPM Gan

Deputy Prime Minister Gan Kim Yong said the ministry will continue to monitor economic developments closely and will update its gross domestic product forecast in May.
Deputy Prime Minister Gan Kim Yong said the ministry will continue to monitor economic developments closely and will update its gross domestic product forecast in May.

Sri Lanka struggles to avert economic collapse over Middle East war

The Colombo Municipal Council building is pictured after lights out in Colombo on April 2, 2026 as authorities order measures to save electricity amid an energy shortage.
The Colombo Municipal Council building is pictured after lights out in Colombo on April 2, 2026 as authorities order measures to save electricity amid an energy shortage.

Arab nations may lose $260 billion from Iran war, UN study finds

A general view of buildings and and construction cranes in Dubai, United Arab Emirates on March 7, 2026.
A general view of buildings and and construction cranes in Dubai, United Arab Emirates on March 7, 2026.

Iran war forces Asian economies to confront sliding currencies and surging oil prices

The effect of the US-Israeli war on Iran in Asia is the prospect of rising inflation and damaged growth.
The effect of the US-Israeli war on Iran in Asia is the prospect of rising inflation and damaged growth.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

Download the app

Get unlimited access to exclusive stories and incisive insights from the ST newsroom
Subscribe Placeholder
MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.