STI Breaks 4,900 Amid Fed Rate Expectations
Singapore's Straits Times Index surpasses the 4,900 mark as investors anticipate the Federal Reserve holding interest rates steady, signaling renewed confidence in the market.
The Business Times
Why Singapore
Singapore has earned its reputation as one of the world’s safest places to park capital. The city-state offers political stability, rule of law, strong property rights and a transparent regulatory environment that’s increasingly rare in today’s world.
Ranked
#2
for investment and development
— Emerging Trends in Real Estate® Asia Pacific 2026Ranked
#2
for world competitiveness
— IMD World Competitiveness 2025Ranked
#6
for global millionaire migration with 8.9 billion USD
— The Henley Private Wealth Migration Report 2025
Singapore's Core Inflation Drops to 0.7% in 2025
Core inflation in Singapore averages 0.7% in 2025, down from 2.8% in 2024, reflecting easing price pressures and supporting economic stability for investors.
The Business Times
Singapore's Financial Market Developments
Analysis of Singapore's evolving position as a leading financial hub and safe-haven destination for global capital amid geopolitical shifts.
Financial Times
Cross-border Capital and Wealth Migration
Global Rankings
| Rank | Country | Net Flow (USD) |
|---|---|---|
| 1 | United Arab Emirates | +$63.0B |
| 2 | United States | +$43.7B |
| 3 | Saudi Arabia | +$18.4B |
| 4 | Singapore | +$8.9B |
| 5 | Canada | +$5.7B |
East Asia and Southeast Asia
| Rank | Country | Net Flow (USD) |
|---|---|---|
| 1 | Singapore | +$8.8B |
| 2 | Vietnam | −$2.8B |
| 3 | Indonesia | −$3.0B |
| 4 | South Korea | −$15.2B |
| 5 | India | −$26.2B |
The Safe Haven Premium
Global wealth migration continues to shape the investment landscape in 2026, with high-net-worth individuals seeking stability, opportunity, and favourable regulatory environments. Singapore has become a magnet for wealthy individuals from China, India, Indonesia and beyond, as entrepreneurs, business owners and families increasingly view the city state as a preferred place to live, work and preserve their wealth.
This inflow reinforces Singapore's status as a leading financial hub, offering political stability, sophisticated financial services and a transparent regulatory framework that underpins sustainable investment flows and long-term asset-market vibrancy.
Global Millionaire Migration
| Year | Millionaires | |
|---|---|---|
| 2013 | 51,000 | |
| 2014 | 57,000 | |
| 2015 | 64,000 | |
| 2016 | 82,000 | |
| 2017 | 95,000 | |
| 2018 | 108,000 | |
| 2019 | 110,000 | |
| 2020Coronavirus | 12,000 | |
| 2021Coronavirus | 25,000 | |
| 2022 | 84,000 | |
| 2023 | 120,000 | |
| 2024 | 134,000 | |
| 2025Provisional | 142,000 | |
| 2026Forecast | 165,000 |
The Macro Environment
Global uncertainty drives capital toward safe-haven markets
Trade disruptions, tariff volatility, and supply-chain reshoring keep risk elevated, with 70% of PE executives citing macro risks as a key concern
With approximately 40% of economists expecting weaker global conditions and a neutral to-mild recession expected by Q3 2026, capital is rotating toward safe-haven markets with resilient cash flows
Singapore's neutrality amid global tensions attracts flight-to-safety capital and cross-border allocation
Singapore is the #2 cross-border investment destination in APAC, reinforcing sustained capital demand for local assets
Easier to Invest In at Scale
Market-deepening measures are improving liquidity and valuation support for Singapore assets
SGX ETF assets grew to approximately S$14.3B by mid-2025, up approximately 32% YoY, with approximately S$700M net inflows in 1H 2025, signalling rising institutional and retail adoption
MAS expanded the Equity Market Development Programme to approximately S$3.95B to support liquidity and deepen trading in Singapore equities
SGX and Nasdaq are building a dual-listing framework using a single set of documents, lowering friction for globally oriented issuers and investors
The planned SGX-Nasdaq dual listing framework targets companies with market caps ≥ S$2B, which can pull larger, higher-quality issuers onto the exchange and broaden the investor base
Deeper liquidity, wider investor participation, and easier global access strengthen valuation support for Singapore-listed platforms and real assets