HomeWorld NewsSingapore saw 60K business closures in 2025—that’s the highest in 8 years

Singapore saw 60K business closures in 2025—that’s the highest in 8 years

Singapore saw 60K business closures in 2025—that’s the highest in 8 yearsFrom 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. Source: Singapore Department of Statistics This comes despite Singapore’s headline GDP growth […]

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