Economy

Singapore inflation feared to remain over 5% this year

This is on account of continued strong increases in accommodation costs, according to MAS.

Singapore inflation feared to remain over 5% this year

This is on account of continued strong increases in accommodation costs, according to MAS.

Fingers crossed: Economy forecast to expand by 5 to 6%

That is if incoming external indicators don’t take a significant turn for the worse.

Half of Asia’s millionaires to come from China by 2015

Julius Baer says the wealth of China’s millionaires will reach a whopping US$8.76 trillion four years from now.

China’s manufacturing PMI grows to 49.9 in August

HSBC says this is the first time it rose in three months.

61% of overseas electors cast their votes

The overseas votes for the recent Presidential Election were counted on 31 August 2011.

Outlook on Vietnamese banks negative over the next 12-18 months

Vietnam’s accommodative monetary policy has resulted in high inflation and prohibitive borrowing costs.

Philippine GDP growth reached 3.4% in Q2 2011

Growth in the second half of the year will depend on private-public partnerships and foreign direct investments.

7th President to be sworn in 1 September 2011

Before welcoming the President-elect, a 96-strong guard of honour will first send off President S R Nathan on Thursday evening at the Istana.

Korea’s industrial production rises 3.8% in July

Morgan Stanley says production activities were affected by the holidays, and possibly by the heavy rainfall in the month.

Japan’s industrial production to drop 2.4% in September

But it may have increased 2.8% in August, says DBS.

India’s GDP eases to 7.7% in Q1-FY12

Consumer demand slowed dramatically with private consumption growth dropping to 6.3%.

Want to remarry? Declare your debts first

This is among the requirements taking effect on 1 September 2011.

SG economy contracts 6.5% in 2Q 2011

The 7.4% growth in the manufacturing sector last month offers little assurance against the possibility of another technical recession.

Voters faced a difficult choice: Prime Minister

Mr Lee Hsien Loong said this explains why the winning margin was so narrow.

Dr Tony Tan wins Presidential Election 2011

He beat closest contender Dr Tan Cheng Bock by not more than 2% of the total number of valid votes cast.

More than 94% of registered electors cast their vote

The total number of votes cast in Singapore was 2,153,014.

Service sector business receipts up 6.6% in 2Q11

Real estate services recorded the highest business receipts at 4.4%.