The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) reported that core inflation rose slightly to 0.4% year-on-year in September 2025, up from 0.3% in August. Headline inflation also edged up to 0.7%, reflecting modest price increases across several key expenditure categories.

Many business owners and managers tend to view financial statements as something that only their accountants need to worry about. In reality, these reports tell the true story of your company’s financial health. They reveal whether the business is growing sustainably, how efficiently resources are being used, and whether there is enough cash to meet upcoming obligations. Understanding your financial statements, even at a basic level, helps you make informed decisions and manage your company with greater confidence.