SINGAPORE: Consumer spending in Singapore is likely to remain robust in 2026, supported by improving job prospects and steady investment returns, economists said. In 2025, consumers here spent most on travel and household necessities, helped by a strong Singapore dollar and a resilient labour market. The Singapore stock market also improved in 2025, with the Straits Times Index up by 22.4 per cent year to date. The strong Singapore dollar also diverted more spending overseas, be it a short trip to Johor Baru, or flights to Thailand, Japan and China for holidays, said Song. “If the labour market stays resilient and the Singdollar remains strong, people will also continue to spend their strong Singdollar in neighbouring countries,” said Song.

Source: The Star December 27, 2025 11:01 UTC