As the world grapples with a shifting economic landscape characterized by tariff chaos and trade uncertainties, Singapore’s Deputy Prime Minister Gan Kim Yong has emphasized the need for the nation to adapt to these changes and seek new opportunities. Speaking
Asian stocks experienced their most significant tumble since 2008, driven by escalating worries about a potential global recession. The downturn was precipitated by a series of aggressive tariffs imposed by the U.S. administration, which have sent shockwaves through financial markets
The recent announcement of new US tariffs, including a baseline tariff of 10% on all countries, has raised concerns about potential ramifications for Singapore’s economy. Deputy Prime Minister (DPM) and Minister for Trade and Industry, Gan Kim Yong, highlighted that
The recent escalation of trade tensions has led to a tumultuous week for U.S. stocks, marking the worst performance since the COVID-19 pandemic’s onset. President Donald Trump’s imposition of tariffs on various imports, particularly from China, has triggered a wave
Economists have projected Singapore’s economic growth for 2025 at 2.6%, according to a recent survey conducted by the central bank. This forecast reflects a cautious optimism amid a complex global economic landscape, characterized by both opportunities and challenges. As Singapore
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