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A new government committee set up to harness technology to drive economic growth has begun talking to businesses here on how artificial intelligence (AI) use can be broadened and deepened.

As evening fell upon the Padang, the parade and ceremony segment of the 2025 National Day Parade got under way, marking several firsts and record numbers.

A new air cargo handling centre in Singapore, said to be the first of its kind in the world, features a drive-through concept capable of reducing processing time for air cargo shipments by 20 per cent. It officially opened on Aug 5.

Singapore’s key exports kept up their growth momentum in the second quarter of 2025, aided by the front-loading of orders before US tariffs took effect in August.

Singapore’s Ministry of Trade and Industry (MTI) raised its 2025 economic growth forecast on a better-than-expected first half year performance, but warned that the outlook remains clouded by uncertainty over the potential impact of US tariffs - with risks to the economy still tilted to the downside.

Singapore will step up support for businesses and workers in sectors that are more vulnerable to technological disruptions and global competition, such as general manufacturing, retail and logistics.

The world’s top court on July 23 issued a landmark ruling making it clear that countries must curb their planet-warming emissions. Those who do not are liable to pay damages even if they are not party to the Paris Agreement – the world’s climate pact – the International Court of Justice (ICJ) said in the 140-page document.

Singapore will carry out a fresh review of its economic strategy, with committees formed to develop longer-term plans in five areas that include strengthening the country’s global competitiveness and improving its start-up ecosystem.

The UK and Indonesia are working towards a new Strategic Partnership, to be signed during President Prabowo Subianto’s visit to the UK in September 2025. This agreement aims to deepen collaboration across trade, investment, innovation, sustainability, and security.