Economy
Taiwan’s export order growth plummets to 5.3% in August
DBS blames weaker demand from Europe and the US, as manufacturers have cut orders amid rising concerns over the debt crisis.
Taiwan’s export order growth plummets to 5.3% in August
DBS blames weaker demand from Europe and the US, as manufacturers have cut orders amid rising concerns over the debt crisis.
Asia reigns as regional economic powerhouse
And guess what three countries were picked by Singaporean executives as the most promising markets for growth?
Risk of technical recession rises
Inflation also remains significantly higher than the historic average despite increasing downside risk to economic growth, says economist.
Mr Teo Ming Kian retires as permanent secretary for National Research and Development
Ms Yong Ying-I will be appointed concurrently as permanent secretary, effective from 2 October 2011.
Passenger vehicle sales in Thailand grew 11% in August
This points to continued normalization in production from the supply-chain disruptions following the natural disasters in Japan.
ASEAN growth seen to be domestically driven
Study also shows Indonesia will be the driver of regional growth as Western share of global GDP falls.
Singapore’s inflation may have dropped to 4.7% in August
DBS expects the country’s inflation to be on a sticky downward grind in the coming months.
Beware of technical recession ahead, warns analyst
Standard Chartered says a technical recession could affect some Asian economies, like Singapore and Hong Kong, by the end of 3Q 2011.
Non-oil domestic exports surge 5.1% in August
This figure comes as a surprise, especially amidst worsening economic conditions.
Testing times: Hard landing looms for Asia Pac economies
But China could maintain its record of high single-digit growth for several years if it steps up its reform program.
Are dark clouds ahead for Asian businesses?
Asia business sentiment fell in the third quarter, hitting its lowest level in two years, as global economic uncertainty rose.
India’s inflation alarming at 9.8% in August
The country’s inflation woes clearly won’t go away anytime soon.
Japan’s economy yet to recover from quake
The country’s GDP growth is set to post a mere 1.2% in the second half of 2011, bringing full-year GDP close to 0%.
Singapore and Russia to collaborate on projects under new MOU
Singapore companies will be involved in various projects in Russia, covering sectors such as transport, power, e-government, environmental and...
Philippine exports down 1.7% in July
Even though electronic shipments plunged by 21.3%, all other aspects of exports have been doing well.
Korea’s GDP forecast plummets to 3.8%
But 2012 seems to be a better year ahead with DBS’s 4.1% GDP forecast.
Mr Wong Kan Seng appointed as Special Advisor for Economic Co-operation to the Prime Minister
Mr Wong's primary role is to advise the Prime Minister on Singapore's economic co-operation programmes with China and other Asian countries.
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