Singapore not revising GDP outlook even if US-China talks are ‘encouraging’: DPM Gan

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FRI, MAY 16, 2025 Top Stories Singapore not revising GDP outlook even if US-China talks are 'encouraging': DPM Gan [SINGAPORE] Despite the US tariff pause and ongoing talks on pharmaceutical rates, Singapore is not further revising its growth projection for now, amid heightened global uncertainty, Deputy Prime Minister Gan Kim Yong said on Friday (May 16). Singapore's ports on track to break handling record; PSA to hire 2,500 more workers in 2025 [SINGAPORE] The Republic could beat its own cargo-handling record for the second consecutive year as US tariffs send businesses rerouting their shipments, and the nation's largest port operator intends to increase its headcount by some 2,500 employees this year. Singapore's April key exports surge 12.4% on front-loaded shipments amid Trump tariff truce [SINGAPORE] The Republic's key exports jumped 12.4 per cent on the year in April, which economists attributed to front-loading, as exporters take advantage of the pause on reciprocal tariffs and the reprieve ahead of threatened further duties. No material impact from tariffs on bookings for now: SIA CEO [SINGAPORE] Singapore Airlines (SIA) has not seen any significant impact of the US tariff turmoil on its bookings for now, chief executive Goh Choon Phong said at its financial results briefing on Friday (May 16). Home-based eateries have taken off, but are they here to stay? [SINGAPORE] Home cafes are the newest kids on the block in the food and beverage (F&B) scene, drawing crowds with their unique drinks, secret menus and aesthetic vibes. PODCAST Market Focus Daily: Friday, May 16, 2025 Australia shares hit over two-month high ahead of central bank decision; Indian stocks surge amid US-China trade tensions; Singapore's April key exports surge 12.4% on front-loaded shipments amid Trump tariff truce; Singapore's ports on track to break handling record this year; Singtel sells 1.2% direct stake in India's Bharti Airtel for S$2 billion. Other Good Reads Asean Business Business insights centering on South-east Asia's fast-growing economies. Breakfast Brief All the latest news you need to know to start your day, right in your inbox. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. MORE NEWSLETTERS FOLLOW US DOWNLOAD THE BT APPS ABOUT US CONTACT US HELP TERMS & CONDITIONS DATA PROTECTION POLICY ADVERTISE WITH US You are receiving this e-mail because you subscribed to the BT Breakfast Brief. We're keeping you updated with our Daily Debrief, which helps you catch up with breaking news you may have missed. If you no longer wish to receive the Daily Debrief, please click the link below to unsubscribe. If you want to unsubscribe from this mailing list,click here.