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Horizon Vision

AI is driving GDP growth, but could it turn into a headwind some day?

AI is driving GDP growth, but could it turn into a headwind some day?

Singapore’s economy is thriving due to the AI-driven semiconductor boom. However, experts warn that because technology cycles are temporary, the nation must diversify its economy to ensure long-term stability.

Israel to allow international force into Gaza: Official

Israel to allow international force into Gaza: Official

Israel has approved a legal framework allowing a multinational security force into Gaza, supporting a US-backed ceasefire plan. The mission aims to stabilize the region and facilitate a transitional administration.

India PM Modi announces panel to overhaul exam system after protests

India PM Modi announces panel to overhaul exam system after protests

Following youth protests over exam paper leaks, Indian PM Modi formed a task force led by Nandan Nilekani to reform the examination system and promised stricter legislation to penalize offenders.

Israel to allow international force into Gaza, Israeli official says

Israel to allow international force into Gaza, Israeli official says

Israel’s cabinet approved a legal framework allowing an International Stabilization Force into Gaza, supporting a US-backed ceasefire plan to stabilize the region and transition to Palestinian civilian administration.

Iran conflict has hit inflation more than growth; MAS says any growth drag will be outweighed by AI boost

Iran conflict has hit inflation more than growth; MAS says any growth drag will be outweighed by AI boost

Middle East tensions have primarily impacted Singapore's inflation rather than growth. MAS expects AI-driven demand to offset any economic drag, while core inflation remains elevated until late 2027.

Singapore, Australia commit to unrestricted flow of essential goods, defence supplies

Singapore, Australia commit to unrestricted flow of essential goods, defence supplies

Singapore and Australia signed two pacts to ensure the unrestricted flow of essential goods and defence supplies, strengthening supply chain resilience and bilateral cooperation amid global uncertainty.

MAS tightens monetary policy ‘very slightly’ in July, defying expectations for a hold

MAS tightens monetary policy ‘very slightly’ in July, defying expectations for a hold

The MAS unexpectedly tightened monetary policy by slightly increasing the S$NEER appreciation rate, citing resilient economic growth and persistent medium-term inflation risks despite recent benign data.

More monetary tightening on the cards as early as October, after July’s ‘half-trigger’ move: economists

More monetary tightening on the cards as early as October, after July’s ‘half-trigger’ move: economists

Economists expect the MAS to tighten monetary policy further by October, following a surprise July move, to address rising inflation risks and firm economic growth despite global uncertainties.

Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

Vietnam has launched a comprehensive capital-market reform to reduce bank reliance and support long-term growth, targeting US$76 billion annually by 2030 through expanded equity, bond, and insurance market development.

MAS allows for a stronger Singdollar on persistent Iran war-induced inflation risk

MAS allows for a stronger Singdollar on persistent Iran war-induced inflation risk

The MAS has tightened monetary policy, allowing for a stronger Singapore dollar to combat persistent inflationary pressures driven by rising energy costs from the ongoing Iran war.

56 cases of travellers caught entering S’pore with vapes over 4 days; more than 444 items seized

56 cases of travellers caught entering S’pore with vapes over 4 days; more than 444 items seized

Singapore authorities seized over 444 vapes from 56 travellers between July 20 and 23. Most offenders were short-term visitors, as vaping remains illegal in Singapore with strict penalties for possession and smuggling.

Commentary: US-Iran war has unleashed forces that will reshape the Gulf

Commentary: US-Iran war has unleashed forces that will reshape the Gulf

The escalating US-Iran conflict is reshaping the Gulf. Despite regional debates, Gulf states remain heavily dependent on US security, as no other power can effectively replace American deterrence in the region.