After accounting for inflation, which eased from 2023, real wages grew by 3.2 per cent in 2024, up from 0.4 per cent in 2023, MOM said

The Republic’s manufacturing output gained 5.9 per cent year on year in April, slipping from the previous month’s upwardly revised 6.8 per cent growth.

Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent.

It found that family offices in South-east Asia preferred equities and bonds from developed markets such as the US, Singapore, Japan and Britain.

It rose in April as bigger increases in the prices of services and food more than offset lower retail and other goods inflation.

On a quarter-on-quarter seasonally adjusted basis, the economy contracted by 0.6 per cent. This was a reversal from the 0.5 per cent expansion in the fourth quarter of 2024.

The survey of 1,500 Singapore residents aged 18 and above found that only 29 per cent owned any crypto, a stark decline from the 40 per cent a year earlier.

“The US$28 trillion (S$36.1 trillion) Treasury market is fundamental and systemic to the global financial system, and there is no alternative for this point.”

Gainers trailed decliners 212 to 298 across the broader market in Singapore, with 1.21 billion securities valued at $1.15 billion transacted.

One way to cut costs is to audit your current plan against today’s market offerings. 

Economists said Singapore will continue to benefit from the reprieves for the next few months, but the export outlook remains clouded for when the 90-day “tariff windows” end.

Half – or $250 worth – of the vouchers can be used at participating supermarkets, and the other half at participating hawker stalls and heartland merchants.