Singapore saw 60K business closures in 2025—that’s the highest in 8 years
From retail to finance, operational challenges are cutting across every industry Singapore recorded a notable increase in business closures in 2025, with more than 60,000 companies ceasing operations—the highest figure in the past eight years, according to data from Singapore’s Department of Statistics. This comes despite Singapore’s headline GDP growth remaining relatively strong in 2025, […]