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2 clusters · 5 sources · 19 days · First seen about 1 month ago · Last updated 17 days ago

Economic and future preparedness concerns in Singapore

Overview

Economic and personal preparedness concerns are rising in Singapore. A survey by the Singapore Chinese Chamber of Commerce and Industry (SCCCI) indicates that 71.8% of businesses are concerned about rising costs, driven by geopolitical tensions and global economic uncertainty. While most companies expect to remain profitable, only 20% expressed optimism about their business prospects. This economic anxiety is mirrored among the youth, with 66% expressing concern regarding their personal futures due to the rising cost of living.

Further data from the Etiqa Insurance Singapore Life Preparedness Survey 2026 shows that only 49% of Singaporeans feel prepared for the next decade. Financial security is the primary metric for preparedness for 68% of respondents, with 47% identifying a lack of money as the greatest barrier to being future-ready. To improve preparedness, citizens intend to focus on increasing savings, regular exercise, and spending time with loved ones.

Entities

Singapore · Etiqa Insurance Singapore · Ministry of Culture, Community and Youth · National Youth Council · Kantar

Timeline

17 days ago

[BUSINESS] 5 sources
Singaporeans report low preparedness for next decade
A 2026 survey by Etiqa Insurance Singapore shows only 49% of Singaporeans feel prepared for the next decade, with financial insecurity cited as the primary barrier to future readiness.
about 1 month ago

[BUSINESS] 2 sources
Singapore businesses and youth express economic concerns
Surveys in Singapore highlight rising business costs as a top concern for firms, while 66% of youth express anxiety about their personal economic futures despite confidence in the nation.

Sources

livenews.co.nz · newspatrolling.com · olympicpaintingcompany.com · theinfostride.com · vir.com.vn