Economy
30,000 households to benefit from lower preschool fees
30,000 households to benefit from lower preschool fees
The government is also increasing college bursaries by up to 95%.
Singapore still APAC's most competitive data centre market: report
The city ranks as the region's preferred location due to high-speed connectivity and low risk of natural disasters.
Philippine economic growth to slow to 5.7% in 2019
The move comes after the economy grew by 5.5% in Q2.
NODX decline narrowed to 11.2% in July
Both imports and exports continue to fall 6.3% and 5.8%, respectively.
Singapore ranks second in Asia where companies see the largest BRI opportunity: survey
Organisations also hailed Singapore as amongst the top governments to partner with.
US retailers to rely on Vietnam amidst exits from China's textile industry
Vietnam’s textile sourcing rose 13% YoY in Q1 2019.
Chinese exports recovered 3.3% in July
Exports to key markets including, ASEAN, UK, EU and South Korea showed positive growth.
NODX down 14.6% in Q2
NODX is expected to fall by up to 9% by end-2019.
MTI downgrades 2019 GDP growth forecast to 0.0-1.0%
The economy grew by just 0.1% in Q2.
Daily Briefing: MAS strengthens scrutiny of shell accounts; Healthcare startups on average raise $13.7m per round
And Singapore is expected to ban domestic elephant ivory trade in 2021.
Daily Briefing: No profit in Hong Kong instability, says Singapore Minister; Digital marketing agency Hashmeta buys ShopperBoard
And landed homes are great for wealth preservation due to limited stock.
Philippine economic growth contracted to 5.5% in Q2
Private consumption and government consumption both slowed down.
Daily Briefing: Economy forecasts point to 3% contraction in Q2; Indonesia's MDI Ventures hires Singapore head
And the Asia Pacific Exchange registers its first futures trade for high-sulphur fuel oil.
South Asia GDP may moderate to 5.1% in FY2019-20
Ongoing security concerns may hinder growth, but infra spending could provide support.
Singapore sheds household debt as housing market slows: HSBC
Household debt as a share of Singapore’s GDP already fell below the 70% mark.
Household incomes up 2.4% to $11,780 in 2017-2018
An average of $4,910 a month is spent on goods and services.
Chart of the Day: Budget deficit to hit 0.4% of FY19/20 GDP
Revenue may also surpass initial projections and grow to $78.92b.
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