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Economists upgrade outlook as Singapore economy up 4.3% in Q2 2025
Economists upgrade outlook as Singapore economy up 4.3% in Q2 2025

CNA

time14-07-2025

  • Business
  • CNA

Economists upgrade outlook as Singapore economy up 4.3% in Q2 2025

Some economists in Singapore have raised their full-year growth forecast for 2025, following better-than-expected second quarter results. According to advance estimates, Q2 GDP expanded 4.3% despite US tariff uncertainty, following a 4.1% rise the previous quarter. The manufacturing sector emerged as the star performer, with a 5.5% expansion driven by demand for electronics and precision engineering. Nadirah Zaidi reports.

Temasek's net portfolio value soars to record high of S$434b
Temasek's net portfolio value soars to record high of S$434b

CNA

time09-07-2025

  • Business
  • CNA

Temasek's net portfolio value soars to record high of S$434b

Strong performance in Singapore, China, the US and India helped Singapore state investor Temasek achieve a record net portfolio value of S$434 billion for the financial year ending Mar 31. This represents an increase of S$45 billion from the previous year. CNA's Nadirah Zaidi joins us in the studio to discuss Temasek's 2025 review. She talks about how Temasek is responding to geopolitical challenges and how the portfolio is structured to build resilience and diversification.

Singaporeans cancel or postpone trips to Middle East amid Israel-Iran conflict
Singaporeans cancel or postpone trips to Middle East amid Israel-Iran conflict

CNA

time25-06-2025

  • CNA

Singaporeans cancel or postpone trips to Middle East amid Israel-Iran conflict

Singaporeans are cancelling or delaying their trips to the Middle East, given tensions in the Middle East. Tour agencies tell CNA that many clients are looking to avoid flights through the region, and turning instead to destinations in Africa and nearby Asian countries for travel. Meanwhile, Singapore has welcomed the recently announced ceasefire between Israel and Iran, with the Foreign Affairs Ministry urging all parties to abide by the ceasefire, and to return to a pathway of diplomacy and dialogue. Nadirah Zaidi and Nikhil Khattar report.

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