AGP Executive Report
Last update: 5 hours agoUS Tariff Fallout: Deputy PM Gan Kim Yong says the new US forced-labour tariff raises Singapore’s effective tariff rate by about 0.7 points, hitting around S$9.5b of domestic exports to the US, with no full exemptions among the 60 economies covered. Local Economy Debate: In Parliament, WP urged SME-led growth and a fairer “growth model”, while PAP said Singapore needs both local firms and MNCs to reinforce each other. Workers & Inclusion: Manpower Minister Dinesh Vasu Dash stressed an economy of the future that balances jobs, wages and pathways with enterprise competitiveness. Haze Readiness: Singapore is monitoring transboundary haze risk as dry conditions could worsen, with stepped-up public communications and health advisories. Trade & Business Support: An SCCCI survey found 80% of firms cite rising costs as a top worry, while government support focuses on overseas expansion, sustainability and AI adoption for SMEs. Arbitration Boost: Braddell Brothers hires Venetia Tan from CNPLaw to strengthen its cross-border disputes and arbitration practice. Regional Ties: Vietnam’s CPV leaders reaffirm deeper Vietnam–Singapore cooperation, including party-to-party dialogue and science/tech collaboration.
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