October 2025- Page 5

Workforce Reduction and Strategic Relocation Exxon Mobil announced plans to reduce its Singapore workforce by 10–15% by the end of 2027, marking a significant step in its ongoing global restructuring.According to Reuters,

Singapore and Qatar have pledged to deepen their economic and investment cooperation during the 8th High-Level Joint Committee Meeting held in Singapore.The talks were co-chaired by Singapore’s Prime Minister Lee Hsien Loong

Qatar’s economy grew 1.9% in Q2 2025, powered by strong gains across non-hydrocarbon sectors. Non-oil activities contributed 65.6% of real GDP, increasing to QAR 119.3 billion from QAR 115.4 billion a year

Singapore’s Ministry of Trade and Industry has raised its GDP growth forecast for 2025 to 1.5%–2.5%, up from the earlier 0%–2% range. The revision reflects stronger performance in the first half of

Singapore has secured a position among the top three global foreign exchange (FX) centres after recording US$1.485 trillion in average daily trading volumes in April 2025. The Monetary Authority of Singapore (MAS)

OKX, a leading cryptocurrency exchange, has introduced a stablecoin payment service in Singapore. The feature allows GrabPay merchants to accept USDC and USDT while receiving instant settlements in Singapore dollars (SGD) through

Exxon Mobil will reduce its Singapore workforce by 10 to 15% by end-2027 as part of a global restructuring strategy. The oil giant currently employs around 3,500 workers in Singapore, meaning up

Economists have upgraded Singapore’s 2025 GDP growth forecast to 2.4%, up from a previous estimate of 1.7%. This revision reflects resilience in key economic sectors, including manufacturing, services, and construction. The positive

Singapore’s foreign exchange (FX) market has strengthened its position as the third-largest global FX centre, following the UK and the US. According to data from the Monetary Authority of Singapore (MAS), the

Singapore’s Ministry of Trade and Industry (MTI) has updated the nation’s 2025 GDP growth forecast to a range of 1.5% to 2.5%, up from the previous estimate of 0% to 2%. This