Economy

Government changes Permanent Secretary appointments

Mr Benny Lim, Permanent Secretary (Home Affairs) and Permanent Secretary (Prime Minister’s Office), will be appointed Permanent Secretary (National...

Government changes Permanent Secretary appointments

Mr Benny Lim, Permanent Secretary (Home Affairs) and Permanent Secretary (Prime Minister’s Office), will be appointed Permanent Secretary (National...

How does South East Asia beat the West in driving global economic growth?

With the Singapore Economic Development Board reporting that factory outputs have increased 3.9% since July, and 21.7% from a year earlier, national...

Thailand’s export volumes grew 1.3% in August

The country’s economy defied expectations as export volumes rose 20% YoY, contrary to the 2.5% drop pencilled in by market analysts.

Korea’s inflation may have slowed to 4.3% in September

However, underlying price pressures will likely remain high, making it difficult for inflation to fall below the 4% mark in the remaining months of...

China’s manufacturing PMI stable at 49.95 in September

This is a bit better than August’s 49.91, as the slowdown in China's manufacturing sector is showing signs of stabilizing.

Singapore PMI may have slipped to 48.7 in September

Despite poor PMI data, Singapore’s manufacturing performance has been improving in recent months, led by the volatile bio-tech and pharmaceutical...

Japan’s industrial production rises 0.8% in August

DBS says manufacturing sector growth has softened as a result of weaker export demand.

Thailand’s manufacturing production surges 7% in August

As motor vehicle production improved this month, followed by a pick up in the food and petroleum sectors.

Health services receipts jump 9.2% to $8.9b in 2010

Western clinics accounted for a significant 59.3% of the health services industry in 2010.

Singapore’s population grows to 5.18m

This is a 2.1% increase from 2010 due to increased number of citizens and non-residents.

Economic ties between Singapore and Vietnam strengthens

Bilateral business linkages include an MOU to explore a new Vietnam-Singapore Industrial Park (VSIP) in Central Vietnam.

Korea’s export growth may have dropped to 21.4% in September

DBS blames the effects from the earlier arrival of the Chuseok holiday for the decline in exports.

Singapore’s manufacturing output surges 21.7% in August

Biomedical manufacturing expanded the most at 145.8%, buoyed by the strong growth in pharmaceuticals.

Thailand’s manufacturing production may have risen 4% in August

DBS says the strong ramp up in production should lift third quarter GDP growth to double-digits in September.

China is on a self-imposed credit crunch, says analyst

This self-imposed credit crunch increases the risk of default and drives supply into offshore bond markets, says Morgan Stanley.

Singapore may escape technical recession but downside risks remain

Stagflation haunts Singapore economy and the Monetary Authority of Singapore (MAS) may have to unwind policy stance, says an economist.

Industrial production may have jumped to 14.2% in August

Electronic production should remain in the doldrums given the weakening demand for the US semiconductor industry.