Log In Sign Up
News Wire / economy

Asia Plus Three Economic Growth Slowing

CNA938 Singapore Singapore 17d10d Impact 7

Despite global economic headwinds, Singapore's economic growth is anticipated to continue at a moderate pace rather than a dramatic one. The report compared this growth rate to that of the UAE. No specific percentage figures for the moderation were provided in the broadcast. Total employment for residents and non-residents in Singapore grew by 5,000 during the first quarter. Total employment in Singapore expanded by 5,000 jobs during the first quarter of 2026, according to the Manpower Ministry's Q1 Labour Market Advance report. The report was released as an advanced version of the quarterly Labour Force report. Analysts describe the current labor market as cautious, noting that firms are reducing both hiring and firing considerations. Singapore saw a 6.7% year-on-year increase in resident employment during the first quarter.

Despite global economic headwinds, Singapore's economic growth is anticipated to continue at a moderate pace rather than a dramatic one. The report compared this growth rate to that of the UAE. No specific percentage figures for the moderation were provided in the broadcast. Total employment for residents and non-residents in Singapore grew by 5,000 during the first quarter. Total employment in Singapore expanded by 5,000 jobs during the first quarter of 2026, according to the Manpower Ministry's Q1 Labour Market Advance report. The report was released as an advanced version of the quarterly Labour Force report. Analysts describe the current labor market as cautious, noting that firms are reducing both hiring and firing considerations. Singapore saw a 6.7% year-on-year increase in resident employment during the first quarter. High-frequency indicators including container throughput, air cargo, and air passenger numbers showed strength in January and February. Trade tensions are currently impacting exports across the region. The report notes that while companies are seeking to reduce costs and increase liquidity, the US dollar remains the dominant currency in foreign exchange, accounting for 80% to 85% of sales. The report also highlights that many Asian nations are implementing policies to support external markets and promote self-sufficiency, particularly regarding oil.

Topics

economic growth regional economy

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

CNA938 Singapore

“Our expectation is that it's going to be a more moderate pace of growth rather than anything dramatic. For grade A assets, the fundamentals are clear. It's supported by tight supply, a consistent demand based on what I mentioned earlier, mentioned earlier as well as Singapore's role as regional pace, a stable one that”

CNA938 Singapore

“from lower output in the petroleum and petrochemical segments due to disruption. economist and head of OCBC Group Research, she says the first quarter GDP growth will likely be revised upwards from the advanced estimate of 4.6% to 5.2% as the manufacturing sector growth is likely to be higher. But the OCBC economists also pointed out that the prolonged US-Iran War is beginning to take a toll on real economic activities.”

NDR Info

“Chancen und Faltstrecke der Dividendensaison. Früher ist Zahltag an der Börse. Versammlungssaison.”

CNA938 Singapore

“Total employment grew by 5,000 in the first quarter for residents and non-residents. This was higher than the 2,300 increase in the same period last year. But it was down from the 17,700 increase in the last quarter.”

CNA938 Singapore

“Unemployment grew by 5,000 in the first quarter for residents and non-residents. This was higher than the 2,300 increase in the same period last year.”

CNA938 Singapore

“Singapore's employment growth slowly It expanded by 5,000 more than twice, the increase last year, but down from the previous quarters, 17,700.”

CNA938 Singapore

“Singapore's total employment growth moderated in the first quarter of 2026 compared with the previous quarter. By the Ministry of Manpower said the labour market remained resilient as employment grew for the 18th consecutive quarter.”

CNA 938 Singapore

“Total employment grew by 5,000 in the first quarter. ... the labour market remained resilient as employment grew for the 18th consecutive quarter.”

CNA938 Singapore

“Total employment grew by 5,000 in the first quarter. quarter of 2025. Resident employment growth was concentrated in the transportation and storage sector, while non-resident employment growth continued to be driven by the construction sector”

CNA938 Singapore

“Singapore's total employment growth moderated in the first quarter of 2026 compared with 17,700 increase in the last quarter of 2025.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade