Trump’s trade war puts Singapore’s economic growth, jobs and wages at risk, says MAS

Trump’s trade war puts Singapore’s economic growth, jobs and wages at risk, says MAS

Inflation, which is already down to a four-year low, will remain modest amid weakening growth outlook Read more at straitstimes.com.

Tariffs will cause demand shock to economy: Monetary Authority of Singapore

SINGAPORE, April 28 — US tariffs will have multiplier effects that will “generate a broader negative income and demand shock to the Singapore economy”, the Monetary Authority of Singapore said in its macroeconomic review released today. As well as the direct impact of a 10 per cent baseline tariff on Singapore’s exports to the US, its second-largest export market, there will also be indirect effects from the tariffs levied on other countries, th…

US tariffs could be a major drag on aviation and hurt Singapore : industry

Although observers are mixed on continuing uncertainty, the Republic’s status as a stable and reliable transhipment hub could give it an edge