Singapore Private Sector PMI Improves To 52.7 - S&P Global

RTTNews | 413 days ago
Singapore Private Sector PMI Improves To 52.7 - S&P Global

(RTTNews) - The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.

That's up from 51.0 in June and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Business activity expanded at the quickest pace in eight months, driven by a faster rise in new orders going into the second half of 2025. The rates of expansion for both new orders and output were sharp and above their respective series averages.

According to panelists, the latest uptick in new work represented results from prior business development efforts and a strengthening of underlying demand conditions. Detailed sector data revealed that the construction and wholesale & retail sectors led growth in output and new orders.

read more
Singapore Unexpectedly Tightens Monetary Policy

Singapore Unexpectedly Tightens Monetary Policy

The Monetary Authority of Singapore tightened its policy for the second straight time in order to cap inflationary pressures. The central bank unexpectedly increased the rate of appreciation of the S$NEER policy band slightly. However, the extent of the increase was smaller than that in April. There will be no change to the width of the policy band and the level at which it is centred.
RTTNews | 57 days ago
Singapore Central Bank Tightens Policy

Singapore Central Bank Tightens Policy

Singapore central bank tightened its monetary policy on Tuesday as escalating Middle East conflict drove sharp increases in energy prices. The Monetary Authority of Singapore decided to increase slightly the rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centred.
RTTNews | 161 days ago
Singapore Upgrades 2026 Growth Outlook

Singapore Upgrades 2026 Growth Outlook

Singapore's economy is forecast to grow more than previous projections this year as the global economy outperformed expectations, and stronger AI-related exports are expected to sustain. The Ministry of Trade and Industry forecast the city-state economy to grow "2.0 percent to 4.0 percent" from "1.0 percent to 3.0 percent."
RTTNews | 224 days ago
Singapore Keeps Monetary Policy Unchanged

Singapore Keeps Monetary Policy Unchanged

Singapore central bank maintained its monetary policy setting and raised its inflation outlook on Thursday. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
RTTNews | 236 days ago