Economy

MAS urges financial firms to adopt independent audit programmes

It aims to raise the standards for financial institutions in developing effective business continuity plans.

China to develop platform economy in 2020

The country is aiming to build a commodity circulation system that fits the modern economic system.

Asia is home to 48,245 ultra-high net worth individuals in 2018: report

The population is forecasted to grow 23% over the next five years.

Singapore eyes erasing paperwork in exchange of trade documents

IMDA and MPA will tie up to develop electronic Bills of Lading.

3.8% Philippine inflation in February falls back within target

The growth of the country’s supply chain and oil prices have slowed down.

China needs US$596.51b of stimulus to reach GDP target

Investments in infrastructure and construction are expected to boost growth.

Singapore to raise insurance cover for overseas project funding to $50m

It wants to boost support for local businesses’ overseas expansion.

Malaysia's exports inched up 3.1% in January

The exports of manufacturing and mining goods underpinned export growth.

Singapore urges Johor to honour the terms of the 1962 Water Agreement

Johor’s chief minister said he plans to stop buying treated water from Singapore.

Local business sentiment weakened in Q2 2019

The Business Optimism Index fell to +5.08 points as only four of six indicators are in the expansion zone.

SBR International Business Awards 2019 is open for nominations

The search is on for the best international businesses in Singapore.

Singapore still waits for timing of 2% GST hike

It is still monitoring economic conditions as well as expenditure trends and revenue buoyancy.

Business receipts climbed 4.1% in Q4 2018

The infocomm segment’s business receipts led the growth and jumped 7.2%.