Economy

Will the economic woes in the West take its toll on Asia?

Singapore’s volatile economy made its growth rate decelerate abruptly year-on-year between Q1 and Q2.

Will the economic woes in the West take its toll on Asia?

Singapore’s volatile economy made its growth rate decelerate abruptly year-on-year between Q1 and Q2.

Domestic wholesale trade grew 13.4% in Q2 2011

And foreign wholesale trade also expanded by 14.7% year-on-year.

Prime Minister's Office appoints Benny Lim as Permanent Secretary

Mr. Lim's appointment is effective from September 1.

Beware: Singapore to suffer significantly from global growth slowdown

An analyst warns investors to stay away from high-beta sectors such as industrials and property.

Top 10 Singapore brands shrug off recession

The brands were valued at US$18bn with Great Eastern emerging as top riser by brand value growth at 83%.

Global gold demand worth a near-record US$44.5bn in Q2 2011

Guess which country has the most demand for the yellow stuff?

Temasek: Our share of Singapore economy only about 10%

The investment firm made the clarification amidst “mistaken claims” that Temasek’s stake in the Singapore economy could be almost 60%.

Non-oil domestic exports drop 2.8% in July

And electronic exports plunge 16.9% as key electronic products recorded weaker sales.

GDP growth in Asia to ease in 2011 to a decent 7.2%

And Singapore is one of the six Asian economies which reported 2Q GDP registered sequential

Don’t panic: China’s economy still stable

If GDP growth is only 8% but there is no systemic unemployment, China will be fine.

Singapore tightens employment pass eligibility requirements

New employment policy will maintain the foreign share of the workforce at only one-third.

Philippine remittances suffer from currency strength

The Philippine Peso has strengthened by close to 6% against other currencies since early 2010.

Japan’s GDP shrinks 1.3% in 1Q11

The contraction was led by exports of good and services which dropped by 4.9%.

What to do with Asian central banks’ FX reserves?

In May 2011, roughly 33% of non-Japan Asia reserves were parked in US treasuries.

"Even more important than physical investments is our people": Prime Minister

PM Lee Hsien Loong talked about building the sense of being Singaporean, of ownership and belonging, during the National Day Rally.

Indian monthly trade deficit widened to US$11.1b in July

Trade deficit is expected to stay in the range of 7-8% of GDP.