Singapore economy

Singapore factory activity expands at a slower pace amid heightened US-Iran conflict

Generic pix of a worker in the clean room processing Wafer-level packaging (WLP) at the Singapore semiconductor firm, STATS ChipPAC office in Yishun on April 12, 2023. Can be used for stories about manufacturing, semiconductors, electronic industry, clean room, wafer fabrication.

Govt to bring forward Budget measures, provide targeted support to cushion Iran war’s impact: PM Wong

Prime Minister Lawrence Wong speaking in a video message released on April 2.

This narrow Strait of Hormuz is creating rising recessionary risks for Singapore

Regardless of how the Iran war plays out, Singapore’s overriding objective will be to build up its economic resilience.

BioNTech to wind up Singapore vaccine manufacturing plant by early 2027

In 2022, BioNTech cited Singapore’s excellent business climate and rich talent among reasons why it plans to make Singapore its regional headquarters in South-east Asia.

News analysis

MAS faces tough Singdollar policy decision in April amid risks of higher inflation, slower growth

ST20250721-202565000300-Lim Yaohui-Benjamin Lim-bnmas21/

Generic photograph of the lobby of Monetary Authority of Singapore (MAS) building at 10 Shenton Way on July 21, 2025.

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustainable, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

(ST PHOTO: LIM YAOHUI)

Dear graduates, education rewards individual brilliance – but fit is key to work success

Ultimately, fit is about creating conditions where competence and character reinforce each other, says the writer.

Singapore, 65 other WTO members introduce first set of global digital trade rules

WTO members representing around 70 per cent of global trade agreed to activate the agreement in their countries.

S’pore factory output sees surprise fall in Feb; rising costs, disruption from Iran war darken outlook

AI-related demand drove semiconductor production up 14.6 per cent, while total electronics output rose 13.7 per cent.

Energy chaos is the new normal. S’pore businesses need shock absorbers fast

Energy markets have repriced, and, more importantly, become harder to forecast.

The long shadow: Gulf war will hurt Asia for years to come

A farmer preparing fertiliser in Haryana, India. The shutdown of Gulf gas supplies not only means higher electricity bills but also higher food prices.

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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.