Tag: Singapore economy
-
Not retired, but not full-time: Why seniors are choosing ‘fractional’ jobs
Rethinking retirement: the rise of fractional work Retirement often conjures images of quiet days and a fixed routine. Yet a growing cohort of seniors is redefining what it means to stay active in the economy. In Singapore—and many other global hubs—older professionals are choosing fractional jobs: part-time roles that leverage decades of experience without the…
-
Singapore’s 4.8% 2025 Growth: A Strong Beat, but Pace Will Be Tough to Sustain
Singapore’s 2025 Growth Beats Forecasts Singapore delivered a stronger-than-expected 4.8% gross domestic product growth in 2025, a result Prime Minister Lawrence Wong framed as a testament to the economy’s resilience amid fractured world trade and geopolitical tensions. The expansion came as a surprise to many analysts who had penciled in a more tempered path for…
-
Singapore’s 4.8% Economic Surge in 2025: A Strong Year, But Pace May Not Hold
Singapore’s 2025 Growth Surges to 4.8% Singapore delivered a stronger-than-expected expansion of 4.8% in 2025, underscoring a resilient economy even as global trade frictions and geopolitical tensions linger. Prime Minister Lawrence Wong described the year as a period of solid momentum, buoyed by domestic demand, tourism rekindling, and the continued digital push in services and…
-
Singapore’s 4.8% Growth in 2025 Surprises, but PM Wong warns the pace may not last
Singapore posts surprising 4.8% growth for 2025 Singapore delivered stronger-than-expected economic growth in 2025, with gross domestic product rising by 4.8% for the year. The figure beat most analysts’ forecasts, signaling resilience amid global trade frictions, geopolitical tensions, and a cooling but uneven global outlook. Prime Minister Lawrence Wong highlighted the result as an important…
-
Economists Upgrade Singapore Growth Forecasts for 2025 and 2026: MAS Survey Insights
Singapore Economists Boost Growth Outlook for 2025 and 2026 Private sector economists in Singapore have nudged up their growth projections for the economy, projecting expansions of 4.1% in 2025 and 2.3% in 2026. The upgrade comes as the MAS survey signals optimistic momentum across key sectors, including exports, manufacturing, finance, construction, and wholesale trade. The…
-
Singapore Raises 2025 GDP Growth Forecast to About 4% After Strong Q3
Singapore Ups 2025 GDP Growth Forecast to About 4% Singapore has upgraded its 2025 economic growth forecast to around 4 percent following a robust third-quarter performance that beat expectations. The upgrade marks a notable shift from the previous projection of about 1.5 percent and underscores a more optimistic macro outlook for the city-state in the…
-
Singapore’s Q3 2025 GDP Grows 2.9% as MTI Signals Modest Slower Pace
Singapore’s Q3 2025 GDP: A Mixed Pace of Growth Singapore’s economy expanded by 2.9% in the third quarter of 2025, according to advance estimates from the Ministry of Trade and Industry (MTI) released on Oct 14. This is a step down from the 4.5% growth recorded in Q2, signaling a cooling pace after a stronger…
-
Singapore’s Q3 2025 GDP: Growth Slows to 2.9% as MTI Highlights Mixed Sector Performance
Singapore’s Q3 2025 GDP: A Mixed Picture Singapore’s economy expanded by 2.9% in the third quarter of 2025, according to advance estimates from the Ministry of Trade and Industry (MTI) released on Tuesday. This pace marked a slowdown from the 4.5% growth logged in the second quarter, reflecting varied performance across sectors as Singapore navigates…
-
Singapore’s Digital Economy Surges to $128.1 Billion in 2024, Driving GDP Growth and Tech Jobs
Singapore’s Digital Economy Expands to $128.1 Billion in 2024 Singapore’s digital economy reached a new milestone in 2024, growing to $128.1 billion and accounting for 18.6% of the nation’s Gross Domestic Product (GDP). The update, released by the Infocomm Media Development Authority (IMDA), highlights a resilient and expanding tech ecosystem that underpins Singapore’s transformation into…
-
Singapore’s Digital Economy Grows by $12B in 2024, Reaching 18.6% of GDP
Singapore’s digital economy hits a new milestone in 2024 Singapore’s digital economy surged to 128.1 billion, a record high that represents 18.6% of the nation’s GDP in 2024. According to the latest Singapore Digital Economy Report released by the Infocomm Media Development Authority (IMDA), the sector grew by 12 billion year over year, underscoring the…