Singapore wrapped up 2025 with stronger-than-expected growth, as fourth-quarter GDP surprised on the upside and manufacturing activity stayed in expansion territory. But while the data point to resilience at home, global PMI readings suggest uneven growth and weaker confidence heading into 2026.

Dan Koh speaks with Pan Jingyi, Economics Associate Director at S&P Global Market Intelligence, to unpack what Singapore’s latest PMI and GDP numbers really mean, how sustainable the momentum is, and what the global PMI signals tell us about risks and opportunities in the year ahead.

Singapore wrapped up 2025 with stronger-than-expected growth, as fourth-quarter GDP surprised on the upside and manufacturing activity stayed in expansion territory. But while the data point to resilience at home, global PMI readings suggest uneven growth and weaker confidence heading into 2026.
Dan Koh speaks with Pan Jingyi, Economics Associate Director at S&amp;P Global Market Intelligence, to unpack what Singapore&rsquo;s latest PMI and GDP numbers really mean, how sustainable the momentum is, and what the global PMI signals tell us about risks and opportunities in the year ahead.

Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. 

Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Insightful discussions on the latest market events and the top companies to watch.

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 

Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek (6am-9am)

Bigger Pic: Singapore ends 2025 strong, what PMI and GDP say about the global economy in 2026

Vishnu Varathan, Head of Macro Research, Asia ex-Japan, Mizuho Securities (Singapore), discusses what a potential Venezuelan regime change could mean for global oil markets; impacts to geopolitical dynamics for the rest of LatAm as well as China, Russia and Iran; the role Saudi Arabia and OPEC may play in calibrating oil supply; and why these developments may provide the USD a marginal petrodollar boost.

Produced & Presented by: Emaad Akhtar

Vishnu Varathan, Head of Macro Research, Asia ex-Japan, Mizuho Securities (Singapore),&nbsp;discusses what a potential Venezuelan regime change could mean for global oil markets; impacts to geopolitical dynamics for the rest of LatAm as well as China, Russia and Iran; the role Saudi Arabia and OPEC may play in calibrating oil supply; and why these developments may provide the USD a marginal petrodollar boost.
Produced &amp; Presented by: Emaad Akhtar

Bigger Pic: How might a Venezuelan regime change impact global oil markets?

We unpack the fallout from the dramatic capture of Venezuela’s president and what it means for markets around the world — and here at home in Singapore.

From oil price dynamics and commodity safe havens, to China’s strategic interests and the implications for regional equities, long-time economist and advisor Song Seng Wun breaks down the key issues for investors, businesses and Singapore’s economic outlook. 

Produced and presented by Audrey Siek

We unpack the fallout from the dramatic capture of Venezuela&rsquo;s president and what it means for markets around the world &mdash; and here at home in Singapore.
From oil price dynamics and commodity safe havens, to China&rsquo;s strategic interests and the implications for regional equities, long-time economist and advisor Song Seng Wun breaks down the key issues for investors, businesses and Singapore&rsquo;s economic outlook.&nbsp;
Produced and presented by Audrey Siek

Bigger Pic: Venezuela's shockwaves - What Singapore investors need to know 

As markets open for the first working day of 2026, Nvidia sits at the centre of the global AI story. From surging demand for its H200 chips and fresh talks with TSMC to rising orders from Chinese tech firms and growing debate around valuation, the company has become a barometer for confidence in artificial intelligence spending.

Join Dan Koh and Ryan Huang as they unpack the latest headlines surrounding NVIDIA, explain why supply constraints now matter as much as demand, and explore what Nvidia’s performance could signal for tech, markets and investor sentiment in the year ahead.

As markets open for the first working day of 2026, Nvidia sits at the centre of the global AI story. From surging demand for its H200 chips and fresh talks with TSMC to rising orders from Chinese tech firms and growing debate around valuation, the company has become a barometer for confidence in artificial intelligence spending.
Join Dan Koh and Ryan Huang as they unpack the latest headlines surrounding NVIDIA, explain why supply constraints now matter as much as demand, and explore what Nvidia&rsquo;s performance could signal for tech, markets and investor sentiment in the year ahead.

Bigger Pic: Singapore ends 2025 strong, what PMI and GDP say about the global economy in 2026

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