Singapore Reviewing Economic Strategy Amid Global Shifts Singapore is conducting an economic strategy review to ensure the country stays competitive amid mounting global uncertainty, including tariffs, geopolitical tensions, and rapid technological change. The review would create a long-term blueprint to strengthen competitiveness, support innovation, and secure opportunities for businesses and workers. Five Focus Areas for…
Singapore Is Rolling Out the Business Adaptation Grant and Expanding Worker Support Amid Global Tariff Pressures Singapore is set to introduce a new Business Adaptation Grant to help companies adjust to tariff uncertainties and supply chain disruptions. This will be launched by October 2025. The Business Adaptation Grant will provide up to S$100,000 per…
2025 Global Report Highlights Singapore’s Standing in AI Readiness and Tech Proficiency Singapore Among Top Nations for AI Readiness and Tech Skills in 2025 Singapore has ranked fourth globally for AI Readiness and Tech Skills, standing out among over 100 countries surveyed in the 2025 Global Skills Report. The city-state ranked first in both AI…
Singapore Is Leading Southeast Asia in Fintech Funding for H1 2025 Singapore was responsible for 88% of the $776 million in fintech funding raised in Southeast Asia during the first half of 2025. This marks a 31% increase from the $593 million raised in the second half of 2024, although it remains 22% lower than…
Singapore-Indonesia Economic Ties Strengthen Amid Global Uncertainty Singapore and Indonesia have renewed collaboration in key sectors to strengthen their economic ties amid global uncertainty. The agreements were reached at the 15th Singapore–Indonesia Six Bilateral Economic Working Groups Ministerial Meeting (6WG MM), held in Singapore on June 15. During this time, both countries reaffirmed their commitment…
Singapore Secures 9th Position in the 2025 Global Startup Ecosystem Rankings Singapore has secured the 9th spot in the 2025 Global Startup Ecosystem Rankings. The city state’s startup scene is valued at $185 billion, which is well above the global average of $26.15 billion. Furthermore, its early-stage funding reached US$4.4 billion between late 2022 and…
IPO Listing Rules in Singapore to be Eased to Attract More Companies Singapore has proposed changes to simplify its initial public offering (IPO) listing process in an effort to attract high-growth firms and revive its struggling stock market. Key features to look out for in this proposal include eliminating the need for third-party verification of…
Singapore’s Government Launches Temporary Financial Support Scheme for Unemployed Job Seekers Hello, financial support, goodbye stress. Starting 15 April, the Singapore government will roll out a new financial support program designed to assist lower- and middle-income residents who are currently unemployed. This is a massive sigh of relief for those who need it. Under the…
Expanded Opportunities for Work Permit Holders in Singapore: Full Guide Significant changes are being introduced to Singapore’s work permit system to provide greater flexibility for workers. One of the biggest shifts is removing the cap on the duration that most work permit holders, excluding domestic workers, can stay in the country. Instead of being limited…
Business Sentiment Is At Its Peak Since 2019 Among Singapore’s Small Enterprises The business sentiment among small businesses in Singapore has reached its peak since 2019. With over 60% expecting growth in 2025, businesses in the city-state are looking forward to the future. Confidence in the country’s economic outlook is also on the rise. 63%…
