Economy

S$62 million budget allotted to National Sports Associations

Which particular sports got the biggest slice of the financial spending pie for FY2012?

Personal data protection bill nearing Parliament take-up

It could be filed as early as 3Q and once passed businesses will have to comply with stricter consumer data laws.

2 in 3 Singaporeans polled strongly support foreign worker reduction policies: survey

The government's moves to reduce foreign hires received broad support in a new poll.

Rate cuts looming as India struggles with fiscal consolidation

India will likely fall short of its fiscal targets and prompt rate cuts of up to 100bps in FY13, says RBS.

Whatta Surprise! Non oil domestic exports surged 30.5% in Feb

Electronics also staged a comeback with shipments rising a healthy 23.3% yoy.

Growth outlook in India remains weak

This as the Reserve Bank of India keeps the policy rate as is.

9,990 Singapore workers were laid off in 2011

That's higher than the 9,800 firings in 2010, but the bigger question is: How fast did they find work?

Guess who's still hiring in Singapore?

The services sector continues its hiring spree with another hundred-thousand new jobs in 2011 but manufacturing is in stasis mode.

Real average earnings grew a miniscule 0.7%

Skyrocketing inflation and an ever-tightening labor market to be blamed for the pittance of progress.

6 out of 10 executives cautiously optimistic about 2012

It's a reversal from the same survey in 3Q which says that 7 out of 10 are pessimistic.

Raging inflation, cooling growth double-punches Singapore in Q1

As if anemic manufacturing wasn't enough, Singapore's goods will also stay pricey in the first quarter, said OCBC.

Singapore is 3rd most competitive city in the world

It lost to two Western financial hubs, but beat out regional rivals, Hong Kong and Tokyo.

Philippine government reduces debt as budget deficit shrinks

Perhaps Greece could take note of how the new Philippine government is ramping up tax collections.

Indian trade deficit widens as export growth decelerates

Trade deficit for February widened to US$15.2bn or 9.7% of GDP.

Job ads down by 10% in Q411

Bankers had the most difficulty in hunting jobs.