How Singapore’s businesses are faring in 2025

The Ministry of Trade and Industry (MTI) has upgraded Singapore's GDP growth forecast for 2025 to 1.5% to 2.5%, reflecting better-than-expected performance in early 2025. This growth is supported by strong performance in sectors such as wholesale trade, manufacturing, and finance.

Singapore's business outlook for 2025 is characterized by cautious optimism, with projected GDP growth of 1.5% to 2.5%, driven by sectors like electronics, finance, and modern services, despite facing global economic uncertainties.

Performance by Sector

Our Commitment in These Disruptive Times Our Commitment in These Disruptive Times Our Commitment in These Disruptive Times Our Commitment in These Disruptive Times

In today’s rapidly changing global landscape—especially under the prolonged impact of U.S. tariff policies—economic slowdown has intensified uncertainty in the business environment. Businesses urgently need to break away from traditional models and seek new paths for sustainable operations and growth.

To thrive in today's evolving business landscape, Singapore businesses need to capture opportunities and grow their business by increasing the quality of their products and services with capability development, technology and talent.

Since 1995 we at Enterprise Innovation Centre (EIC) in Singapore has been actively championing innovation and entrepreneurship in China-ASEAN markets.

In Post-Covid and present global trade conflict period, we focus on
empowering businesses to sustain growth by:

Identifying their positioning and market potential to explore emerging opportunities.
Targeting Results:
Implementing Enterprise Transformation and Workforce Transformation to maximize resources, synergy and leverage.

Our Contribution

Holistic Transformation is Critical. We work hand-in-hand with businesses to enhance competitive edge and boost capabilities:

Key Areas to Enhance Competitive Edge:
Increase Business Efficiency

Transform your business models through automation and digitalisation.

Upskill Talent Pool

Develop talent through specially curated programmes that cover expertise from practical skills to thought leadership.

Enhance Customer Satisfaction

Meet local and global market demands with quality and consistency through standards and sustainability practices.

Enhance Competitive Edge – Key Areas

Key Ways to Boost Capabilities:

Growth & Transformation

Accelerate business growth by strengthening capabilities in leadership and strategy development.

Productivity & Digitalisation

Develop digital capabilities to boost efficiency and stay competitive.

Talent Attraction & Human Capital Development

Attract talent and develop employees' skills through mentorship and career advancement programmes.

Quality & Standards

Attract new customers and cultivate brand loyalty with products and services known for quality.

Sustainability

Capture new opportunities in the green economy by integrating sustainability into the business.