singapore predictions for 2024

Read 11 predictions about Singapore in 2024, a year that will see this country experience significant change in its politics, economics, technology, culture, and environment. It’s your future, discover what you’re in for.

Quantumrun Foresight prepared this list; A trend intelligence consulting firm that uses strategic foresight to help companies thrive from future trends in foresight. This is just one of many possible futures society may experience.

International relations predictions for Singapore in 2024

International relations predictions to impact Singapore in 2024 include:

Politics predictions for Singapore in 2024

Politics related predictions to impact Singapore in 2024 include:

Government predictions for Singapore in 2024

Government related predictions to impact Singapore in 2024 include:

  • Singapore pilots the live issuance and use of wholesale central bank digital currencies (CBDCs) next year. Likelihood: 70 percent.1
  • Singapore begins taxing foreign-sourced disposable gains from January 1, with Parliament approving the amendments to the country’s Income Tax Act. Likelihood: 75 percent.1

Economy predictions for Singapore in 2024

Economy related predictions to impact Singapore in 2024 include:

  • Employees receive a salary increase of 4% in nominal terms, similar to 2023. Likelihood: 65 percent.1

Technology predictions for Singapore in 2024

Technology related predictions to impact Singapore in 2024 include:

  • With the launch of SimplyGo, and the eventual acceptance of all credit and debit card payments for train and bus rides, 50% of all payments in Singapore are paid through contactless modes as of this year. Likelihood: 90%1

Culture predictions for Singapore in 2024

Culture related predictions to impact Singapore in 2024 include:

  • Since 2019, Singapore has been building infrastructure to provide 200,000 preschool spots to families. Likelihood: 65 percent1

Defense predictions for in 2024

Defense related predictions to impact Singapore in 2024 include:

Infrastructure predictions for Singapore in 2024

Infrastructure related predictions to impact Singapore in 2024 include:

  • The Johor Baru-Singapore Rapid Transit System Link opens this year; commuters can hop on a train every four-to-eight minutes now. Likelihood: 80%1
  • Singapore starts testing fully automated and driverless trains this year. Likelihood: 75%1
  • As of this year, Singapore has built over 40km of new cycling path networks. Likelihood: 70%1
  • The Land Transport Authority (LTA) completes the renewals of the Bukit Panjang LRT (BPLRT) this year. Likelihood: 75%1

Environment predictions for Singapore in 2024

Environment related predictions to impact Singapore in 2024 include:

  • Commercial and industrial premises that generate a large amount of food waste are required to begin segregating the waste for treatment from this year onward. Likelihood: 90%1

Science predictions for Singapore in 2024

Science related predictions to impact Singapore in 2024 include:

Health predictions for Singapore in 2024

Health related predictions to impact Singapore in 2024 include:

  • Singapore is the first country to try the yellow microbe-based protein Solein, created by Finnish start-up Solar Foods. Likelihood: 70 percent.1

More predictions from 2024

Read the top global predictions from 2024 - click here

Next scheduled update for this resource page

January 7, 2022. Last updated January 7, 2020.

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