Singdollar appreciated at average rate of 1.3% against ringgit over 2020 to 2025: Alvin Tan

Measures to support local businesses, given the impending RTS Link, will be announced later

The central bank says the new guidelines aim to support financial institutions in building “effective risk assessment and risk management capabilities for better resilience against climate-related risks”.

MAS expands environmental risk management guidelines for financial institutions

They will take effect from September 2027, and comprise specific suggestions for banks, insurers and asset managers

Excluding motor vehicles, retail sales tumbled 2.8% against December’s 1.8% expansion.

Singapore retail sales fall 0.4% in January, hampered by later Chinese New Year timing

The drop misses forecast of 2.8% growth and reverses December’s 2.5% gain

Gan says the immediate impact of the tariff developments on Singapore’s economy is “not expected to be significant”.

Unclear if US tariffs on Singapore will rise from 10% to 15%: Gan Siow Huang

America has yet to issue an official directive on the increase, she says

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MOH says advances in medical science mean some preventive treatments for high-risk patients are now considered medically necessary.
SINGAPORE BUDGET 2026

Budget 2026: MOH to extend MediShield Life to selected preventive surgeries, revamp MediSave scheme

An AI tool to help doctors flag Healthier SG enrollees at high risk of chronic disease will also be rolled out

One Pass (AI and Tech) aims to attract those who can build companies and strengthen Singapore’s ecosystem by transferring cutting-edge expertise to the local workforce.
SINGAPORE BUDGET 2026

Budget 2026: Singapore faces stiff competition for talent, despite draws of new AI and tech-focused One Pass

The visa track offers greater career certainty, and Republic’s stability strengthens its appeal to global talent

The new One Pass (AI and Tech) work permit will replace the existing Tech.Pass scheme.
SINGAPORE BUDGET 2026

Budget 2026: AI-focused One Pass to lure top tech talent; airlines can hire cabin crew from more countries

One Pass (AI and Tech) applicants may qualify using a mix of cash and stock-based compensation

As part of efforts to broaden the range of good jobs, the government is working to get more Singaporeans into skilled trades.
COMMENTARY

Budget 2026: How should Singapore decide which jobs are to be filled by foreign workers?

Amid efforts to broaden the range of good jobs, foreign worker flexibility tweaks suggest that certain roles may never be attractive enough

Since the Agri-Food Cluster Transformation Fund's launch in 2021, S$55 million has been awarded to nearly 150 projects.
SINGAPORE BUDGET 2026

Budget 2026: Singapore’s agri-food sector to get S$70 million in second round of government funding

It will provide co-funding support for local farms to increase capacity and capability for local production

The Local Qualifying Salary will also be raised this year to uplift lower-wage workers.
SINGAPORE BUDGET 2026

Budget 2026: S$3.6 billion in PWCS funding helped 110,000 employers give wage increases from 2022 to 2024

The median monthly raise supported by the scheme was about S$250, across more than 710,000 workers