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Strong growth in services exports outpaces goods trade; China rises to become Singapore’s third-largest services trade partner

Planning to register a company in Singapore in 2025? Start with the right SSIC code. This guide explains what SSIC is, why it matters, how to choose the right code, and includes a downloadable bilingual PDF reference list.

Singapore’s 2025 General Election has concluded with the PAP retaining power under newly appointed Prime Minister Lawrence Wong. Leading business chambers — SCCCI, ASME, and SICC — welcome the result, voicing support for continued political stability and pro-business policies to help businesses navigate global uncertainties and economic transitions.

Singapore’s next General Election will be held on: Saturday, 3 May 2025 This day has been designated as a public holiday — not only to fulfill our civic duty as voters, but also as an important occasion linked to employment rights and entitlements.

The report reinforces MAS’s commitment to upholding integrity in the financial sector and highlights its evolving enforcement approach in a complex and digitized global financial landscape.

At the Rajaratnam Lecture on April 16, Prime Minister Lawrence Wong outlined Singapore’s foreign policy vision amid growing global instability. He warned that the world is undergoing a period of fragmentation and power transition, where traditional global order is breaking down and nations are increasingly prioritizing narrow self-interest.

Amid escalating US-China tariff tensions and rising global market volatility, the Singapore Dollar has shown notable resilience—briefly surpassing 5.5634 against the Chinese Yuan, its highest level since 1997. This article examines the key drivers behind the SGD’s strength, including policy stability, macro fundamentals, and Singapore’s safe-haven appeal, while also outlining potential headwinds and strategic considerations for businesses.

In Times of Volatility, “Liquidity is King” – Singapore Elevates Asset Strategy