Economy
Chinese exports recovered 3.3% in July
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.
Outstanding winners honoured at the 11th Asia Pacific Entrepreneurship Awards 2019
The 11th chapter of the Asia Pacific Entrepreneurship Awards (APEA) 2019 Singapore was successfully concluded at Singapore Marriott Tang Plaza Hotel...
International CSR Summit 2019: Call for business leaders to take a stand on delivering global goals
The summit was attended by over 300 CSR leaders.
64 CSR programmes and leaders conferred Asia's most prominent CSR awards
A total of 64 projects and business leaders across Asia were selected as recipients of Asia Responsible Enterprise Awards (AREA) 2019, which was an...
EU to deny five nations, including Singapore, some market access rights: report
This would remove a status enabling European banks to rely on credit ratings.
Daily Briefing: Healthcare subsidy income ceiling to rise by up to $300 in October; Hospitality start-up RedDoorz secures $61.6m in series B round
And Singapore-based robo-advisor StashAway bags $16.4m in series B funding.
Singapore falls to eighth spot in global innovation index
But it is still the region's top-ranking economy ahead of Korea, Hong Kong, and China.
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