Rising energy costs linked to the Iran conflict are no longer just a distant headline, they’re hitting businesses in Singapore where it hurts most: the bottom line. 

A new poll by the Singapore National Employers Federation reveals the scale of the strain: 96% of employers report higher operating costs, with nearly one in five facing increases of more than 25%.

So, is this just a temporary squeeze or the start of a deeper, long-term shift in Singapore’s business landscape? And as costs climb, how are companies balancing competitiveness with the need to protect jobs and workforce stability?

On The Big Story, Hongbin Jeong speaks with Hao Shuo, Chief Executive Officer, Singapore National Employers Federation, to unpack what this means for businesses and workers moving forward.

Rising energy costs linked to the Iran conflict are no longer just a distant headline, they&rsquo;re hitting businesses in Singapore where it hurts most: the bottom line.&nbsp;
A new poll by the Singapore National Employers Federation reveals the scale of the strain: 96% of employers report higher operating costs, with nearly one in five facing increases of more than 25%.
So, is this just a temporary squeeze or the start of a deeper, long-term shift in Singapore&rsquo;s business landscape? And as costs climb, how are companies balancing competitiveness with the need to protect jobs and workforce stability?
On The Big Story, Hongbin Jeong speaks with Hao Shuo, Chief Executive Officer, Singapore National Employers Federation, to unpack what this means for businesses and workers moving forward.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.