Singapore economy

News analysis

Economic debate yields broad consensus and adds to ongoing discussion on the Opposition’s role

Much of the debate focused on the structure of the economy – how much it should be driven by either MNCs or SMEs.

Parliament: MPs call for stronger support for workers, debate retrenchment and skills training

During the 9-hour debate, MPs spoke about the need to help young workers gain a foothold in an increasingly uncertain labour market.

Unions, employers to be consulted on legislating retrenchment benefits: Dinesh

The recommendations made by the Economic Strategy Review touched on stronger support for workers, and the authorities are looking at whether “we can go above 90 per cent”.

Both MNCs, SMEs needed for Singapore’s economy to thrive: Jeffrey Siow

Transport Minister Jeffrey Siow said that Singapore has to compete harder for foreign investments and work harder to support local companies amid a difficult global environment.

‘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.

Retail sales growth picks up in June as consumer spending stays resilient

Compared with May, June retail sales edged up 1 per cent after accounting for seasonal factors.

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.

Singapore needs to redouble resources on reskilling to overcome smaller population: Jeffrey Siow

A smaller Singaporean population base means there are more resources available to invest in each person, said Transport Minister Jeffrey Siow.

The wider bargain for Singapore behind a lower US tariff

The Ministry of Trade and Industry estimates that the new tariff will apply to about one-third of Singapore’s domestically produced exports to the United States.

ASEAN’s response to a fracturing world is to move towards more integration: DPM Gan

(From left) Singapore Business Federation CEO Kok Ping Soon, Singapore DPM Gan Kim Yong and Philippines Minister of Trade and Industry Ma. Cristina A. Roque at the ASEAN Conference 2026 ministerial dialogue on July 31.

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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.