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data-component="component-container" class="container px-3"></div><div data-component="component-container" class="container px-3 pt-6"><div data-component="component-row" class="-mx-3 flex flex-wrap"><div data-component="component-column" class="px-3 w-full lg:w-8/12 mb-6"><section data-testid="section-listing-component"><div class="stories"><div class="story border-b border-gray-175 pb-3"><div data-testid="basic-card" data-cueid="5404144" class="relative flex flex-wrap items-stretch"><div class="relative order-1 flex-shrink-0 hidden sm:block w-1/4 sm:w-1/2"><div class="flex items-center justify-center bg-gray-250 w-full"><a rel="noopener" href="/singapore/trumps-threatened-tariffs-pose-win-lose-conundrum-singapore" target="_blank"><picture><img loading="lazy" src="/assets-web2/default_image-CwPVz7mH.png" alt="Trump’s threatened tariffs pose a win-lose conundrum for Singapore" class="w-full aspect-3x2"/></picture></a></div></div><div class="flex flex-grow flex-col w-3/4 sm:w-1/2 order-2 p-4 sm:pt-0 sm:pb-0 sm:pr-0 items-center sm:items-start text-center sm:text-left bg-gray-850 sm:bg-transparent max-sm:text-white"><h3 class="my-1 _title_d4ajx_12 text-4xl lg:text-6xl" data-testid="title_link_5404144"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Trump’s threatened tariffs pose a win-lose conundrum for Singapore" href="/singapore/trumps-threatened-tariffs-pose-win-lose-conundrum-singapore" target="_blank">Trump’s threatened tariffs pose a win-lose conundrum for Singapore</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5401050" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/singapores-factory-output-growth-down-1-2-october-misses-expectations" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/9ceb99976c6103c645bc8442e5763568b4cf2fe1d5a7705393b1b7e6714da01d?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/9ceb99976c6103c645bc8442e5763568b4cf2fe1d5a7705393b1b7e6714da01d?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/9ceb99976c6103c645bc8442e5763568b4cf2fe1d5a7705393b1b7e6714da01d?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/9ceb99976c6103c645bc8442e5763568b4cf2fe1d5a7705393b1b7e6714da01d?q=20&w=3&h=2&f=webp" loading="lazy" alt="Interior of the new Leica Microsystems Singapore manufacturing facility at 15 Tukang Innovation Drive." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5401050"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Singapore’s factory output growth down to 1.2% in October, misses expectations" href="/singapore/singapores-factory-output-growth-down-1-2-october-misses-expectations" target="_blank">Singapore’s factory output growth down to 1.2% in October, misses expectations</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5395005" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/economists-trim-inflation-forecasts-after-singapores-october-core-headline-inflation-reach-lowest" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/6ff8409ed2921d59d3f568b68a53459ddf3ccb9f5b7a9c6afbe39a6e53de1644?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/6ff8409ed2921d59d3f568b68a53459ddf3ccb9f5b7a9c6afbe39a6e53de1644?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/6ff8409ed2921d59d3f568b68a53459ddf3ccb9f5b7a9c6afbe39a6e53de1644?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/6ff8409ed2921d59d3f568b68a53459ddf3ccb9f5b7a9c6afbe39a6e53de1644?q=20&w=3&h=2&f=webp" loading="lazy" alt="Food inflation was unchanged at 2.6 per cent, as the prices of non-cooked food and food services rose at a similar pace in September and October." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5395005"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Economists trim inflation forecasts after Singapore’s October core, headline inflation reach lowest since 2021" href="/singapore/economists-trim-inflation-forecasts-after-singapores-october-core-headline-inflation-reach-lowest" target="_blank">Economists trim inflation forecasts after Singapore’s October core, headline inflation reach lowest since 2021</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5376547" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/singapore-companies-slightly-optimistic-about-next-6-months-after-exiting-sales-contraction-phase-q3" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3a06678fb4171a68bff9c419c276a02f4f7ea694b0fb7fd2069976405de14792?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3a06678fb4171a68bff9c419c276a02f4f7ea694b0fb7fd2069976405de14792?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3a06678fb4171a68bff9c419c276a02f4f7ea694b0fb7fd2069976405de14792?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/3a06678fb4171a68bff9c419c276a02f4f7ea694b0fb7fd2069976405de14792?q=20&w=3&h=2&f=webp" loading="lazy" alt="For the first time in two years, the sales net balance was positive, indicating expansion. It was 6 per cent, strengthening eight points from the previous quarter." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5376547"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Singapore companies ‘slightly optimistic’ about next 6 months, after exiting sales contraction phase in Q3: survey" href="/singapore/singapore-companies-slightly-optimistic-about-next-6-months-after-exiting-sales-contraction-phase-q3" target="_blank">Singapore companies ‘slightly optimistic’ about next 6 months, after exiting sales contraction phase in Q3: survey</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5392009" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/economy-policy/forming-best-team-most-crucial-most-urgent-priority-ahead-ge-pm-wong" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3401e29d39835427a26226c576907596810433dd3e66ed0a28c7a5b2bf35f0b9?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3401e29d39835427a26226c576907596810433dd3e66ed0a28c7a5b2bf35f0b9?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3401e29d39835427a26226c576907596810433dd3e66ed0a28c7a5b2bf35f0b9?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/3401e29d39835427a26226c576907596810433dd3e66ed0a28c7a5b2bf35f0b9?q=20&w=3&h=2&f=webp" loading="lazy" alt="Prime Minister Lawrence Wong told activists at the People's Action Party conference that the party can no longer afford to stay in the background and let the government engage with citizens. " class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><div data-testid="basic-card-kicker-component" class="break-words font-poppins text-4xs font-light leading-4 text-gray-515">PAP CONFERENCE</div><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5392009"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Forming the ‘best team’ is ‘most crucial, most urgent’ priority ahead of GE: PM Wong" href="/singapore/economy-policy/forming-best-team-most-crucial-most-urgent-priority-ahead-ge-pm-wong" target="_blank">Forming the ‘best team’ is ‘most crucial, most urgent’ priority ahead of GE: PM Wong</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="text-center border-b border-gray-175 py-3" data-testid="advertisement-element"><div id="dfp-ad-bn1" class="adunit-component"></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5392100" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/economy-policy/pm-wong-poised-take-over-pap-secretary-general-lead-party-next-ge-2025" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5dc169e201ac1b3a83300c81d54171bcce7ff3e8998381ba71f4b672d077a9cd?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5dc169e201ac1b3a83300c81d54171bcce7ff3e8998381ba71f4b672d077a9cd?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5dc169e201ac1b3a83300c81d54171bcce7ff3e8998381ba71f4b672d077a9cd?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/5dc169e201ac1b3a83300c81d54171bcce7ff3e8998381ba71f4b672d077a9cd?q=20&w=3&h=2&f=webp" loading="lazy" alt="SM Lee (left) with PM Wong at the PAP conference on Nov 24, 2024. Said SM Lee: “We have to work very hard to make sure that voters understand that they cannot afford to treat this next GE as a by-election. What’s at stake is the future of Singapore."" class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><div data-testid="basic-card-kicker-component" class="break-words font-poppins text-4xs font-light leading-4 text-gray-515">PAP CONFERENCE</div><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5392100"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="PM Wong poised to take over as PAP secretary-general; to lead party at next GE in 2025" href="/singapore/economy-policy/pm-wong-poised-take-over-pap-secretary-general-lead-party-next-ge-2025" target="_blank">PM Wong poised to take over as PAP secretary-general; to lead party at next GE in 2025</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5382867" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/singapore-downgrades-2024-export-forecasts-again-weaker-expected-recovery" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/de47c56b18abe87f5dc57b67439f0c31e8c71ea209e0d0894c32d37befc394f1?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/de47c56b18abe87f5dc57b67439f0c31e8c71ea209e0d0894c32d37befc394f1?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/de47c56b18abe87f5dc57b67439f0c31e8c71ea209e0d0894c32d37befc394f1?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/de47c56b18abe87f5dc57b67439f0c31e8c71ea209e0d0894c32d37befc394f1?q=20&w=3&h=2&f=webp" loading="lazy" alt="NODX to Singapore’s top markets declined/expanded as a whole in the third quarter." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5382867"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Singapore downgrades 2024 export forecasts again on weaker-than-expected recovery" href="/singapore/singapore-downgrades-2024-export-forecasts-again-weaker-expected-recovery" target="_blank">Singapore downgrades 2024 export forecasts again on weaker-than-expected recovery</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5387425" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/economy-policy/singapores-revised-q3-expansion-prompts-economists-raise-full-year-forecasts-2024-hold-or-lower-2025" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5776a5fc4b4fd6868c5bd5300e942109196a6ebf2fadab6a4fda18c8b3750d99?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5776a5fc4b4fd6868c5bd5300e942109196a6ebf2fadab6a4fda18c8b3750d99?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5776a5fc4b4fd6868c5bd5300e942109196a6ebf2fadab6a4fda18c8b3750d99?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/5776a5fc4b4fd6868c5bd5300e942109196a6ebf2fadab6a4fda18c8b3750d99?q=20&w=3&h=2&f=webp" loading="lazy" alt="The Q3 figure brings GDP growth for the first nine months of 2024 to a “better-than-expected” 3.8 per cent, said the Ministry of Trade and Industry." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5387425"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Singapore’s revised Q3 expansion prompts economists to raise full-year forecasts for 2024, but hold or lower 2025 projections" href="/singapore/economy-policy/singapores-revised-q3-expansion-prompts-economists-raise-full-year-forecasts-2024-hold-or-lower-2025" target="_blank">Singapore’s revised Q3 expansion prompts economists to raise full-year forecasts for 2024, but hold or lower 2025 projections</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5386930" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/economy-policy/clinics-warned-get-their-act-together-over-telehealth-advertising-abuses" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/ea5db5dd9fca6a177f0f1277c8503f851b410890d59cd6d02b6537b4ddd8949c?w=400&h=267&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/ea5db5dd9fca6a177f0f1277c8503f851b410890d59cd6d02b6537b4ddd8949c?w=300&h=200&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/ea5db5dd9fca6a177f0f1277c8503f851b410890d59cd6d02b6537b4ddd8949c?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/ea5db5dd9fca6a177f0f1277c8503f851b410890d59cd6d02b6537b4ddd8949c?q=20&w=3&h=2&f=webp" loading="lazy" alt="Friday’s circular was issued by the Ministry of Health, Health Sciences Authority and the Singapore Medical Council." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-2 lg:order-1 pl-4 lg:pl-0 lg:pr-4"><h3 class="my-1 _title_d4ajx_12" data-testid="title_link_5386930"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Clinics warned to get their act together over telehealth, advertising abuses" href="/singapore/economy-policy/clinics-warned-get-their-act-together-over-telehealth-advertising-abuses" target="_blank">Clinics warned to get their act together over telehealth, advertising abuses</a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5383025" class="relative flex flex-wrap items-stretch"><div class="relative flex order-1 flex-shrink-0 lg:order-2 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/singapore/singapore-sees-2025-growth-1-3-upgrades-forecast-year-about-3-5" target="_blank"><picture><source 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