In Singapore’s upcoming election on May 3, 2025, cost-of-living concerns dominate voters’ minds as 2.76 million head to the polls. Named the world’s most expensive city in 2024 by Julius Baer, Singapore faces economic challenges, including potential U.S. tariffs and a softening economy, raising recession fears.
The ruling People’s Action Party (PAP), led by Prime Minister Lawrence Wong, is expected to win most seats, continuing its dominance since 1965. However, voter dissatisfaction with the PAP’s handling of cost-of-living issues, housing affordability, and inequality may impact its popular vote share. An April 2024 Blackbox Research poll showed the government’s lowest ratings on cost-of-living (52%), goods and services tax (55%), inequality (57%), car prices (58%), and housing affordability (59%), though still net position.
MARALINER signed six strategic partnerships to strengthen smart mobility, fleet management, EV development and integrated…
SML Group earned SBTi net-zero validation and multiple global awards recognising RFID innovation, sustainability leadership…
Malaysia's Migrant Repatriation Programme 2.0 extended to May 2027; industry groups call for policy clarity…
Bursa Malaysia appoints CFO Azizan Abdul Aziz as Islamic capital market director, reinforcing focus on…
Huawei unveils FusionSolar9.0 in Malaysia, introducing AI‑powered, grid‑stabilising solar technology to boost clean energy transition…
Private markets remain resilient but face mounting pressure from higher rates, weak exits, concentrated AI…
This website uses cookies.