Economy

Singapore’s manufacturing growth eases to 7.4% in July

HSBC says it could’ve been worse, if not for the 47.7% jump in pharmaceutical output.

Singapore’s manufacturing growth eases to 7.4% in July

HSBC says it could’ve been worse, if not for the 47.7% jump in pharmaceutical output.

Fearless forecast: Brace yourselves for the mega 2-year Singapore recession

It's a looming disaster for the Lion City, as Fitch Ratings warns it could have its GDP cut by 4.1% from 2011-2013.

Fitch confident about Singapore banks’ resilience

The ratings firm said Singapore banks are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global economy.

Asia’s GDP growth to slow down to 6.9%

UBS says the growth of small Asian economies will likely ease towards 3% next year.

Japan’s sovereign credit rating downgrade to Aa2 is not surprising: DBS

After all, Japan’s outstanding public debt equivalent to 200% of GDP is already the world’s highest.

China may have 9% GDP growth in 2012

And annual average of CPI inflation could be 4%.

Presidential Election Update: 26 August is Cooling-off Day

No campaigning and election advertising shall be allowed on the eve of the election.

Transport costs speed up inflation

With transport costs rising by 11.5% in July, inflation accelerated to the fastest pace since January.

Taiwan’s industrial production up by 2.4% in July

Domestic demand growth remains impressive with retail sales rising by 1.3%.

Singapore’s inflation rises to 5.4% in July

HSBC says the unexpected rise was driven by costlier housing, transport and food.

“The world is your oyster”: MOS Teo Ser Luck

The Minister of State for Trade and Industry said entrepreneurs should not be constrained by Singapore’s small domestic market.

China’s flash manufacturing PMI rises to 49.8% in August

HSBC says recent export growth was strong, with shipments expanding by 22% y-o-y in 2Q.

Thailand's 2.6% GDP in Q2 2011 disappoints expectations

The expenditure breakdown shows private consumption contracted by 1.3% QoQ.

Swap offered rate turns negative for the first time

But the majority of mortgages and commercial loans are not linked to the SOR but rather to the Singapore Interbank Offered Rate, so don’t fret.

July non-oil domestic export figure ‘distorted’

Singapore is not heading to a technical recession, says DBS.

What you need to know about the South Asian economy

If US tips into recession, it would directly hit exports from Asia and indirectly dent confidence and spending.