Economy

Higher foreign labor costs to hurt local consumers

Higher foreign labor costs to hurt local consumers

With the tightening in foreign labour policy, wage cost pressure will keep core inflation elevated at around 3-3.5% level.

Chart of the Day: Singaporeans are living longer

Life expectancy has improved steadily over the last three decades from 72 years in 1980 to 82 years in 2010.

Singapore population will shrink by 2025

New study shows that without immigration, the country's citizen base will dwindle and age rapidly to worrying proportions.

Tax policies to play a significant role in Singapore's economic growth

Higher tax collections and modest spending initiatives are paying off as Asia-Pacific economies like Singapore reflect a steady growth rate between 5...

Governor Zhou says Chinese authorities may loosen controls on borrowing costs

A suitable time to implement changes is being negotiated between the People's Bank of China and select government officials.

Singapore households expect inflation to fall next year

Inflation expectations over the next one year was in fact at its lowest at 4.2%.

Hong Kong inflation eases in 1Q12

Inflation is expected to normalize further from 2011’s peak of almost 8%.

Chart of the Day: What you need to know about inflation in March

Accommodation cost, which jumped 9.8% yoy in March, remained the single largest contributor.

Rising rents, COE premiums to fuel higher inflation

Inflation will average at the 5% yoy level breached this month as HDB rentals and car prices soar, predicts the government.

March inflation up 5.2%

Higher COE premiums drove inflation up from just 4.6% in February.

More Singaporean women joining the workforce

Singapore placed fourth among 19 Asia Pacific countries with an index score of 77.4, a survey shows.

COE premiums to rise as much as $100K

Recent tenders are pushing COE premiums to a peak level last seen 18 years ago, says DBS.

Beijing import and export values up 13%

Despite slowdown in global economy, import and export values in Beijing totalled more than $65 billion.

Malaysia inflation eases to 2.1%

But it will slowly rise in the coming months to average at around 2.7% for the full 2012 period, says OSK-DMG.

More Asian consumers are into online shopping than Western counterparts

Provided however that the web contents are important and unavailable elesewhere.

Bank Negara Governor Zeti bullish about Malaysia's stable monetary policy

Malaysia's low inflation rates, tame at 2.6%, and robust domestic sector expansion backs up claim.

Indonesia's Current Account falls in deficit

Analyst said monthly trade data suggest this has likely continued in 1Q12.