Economy
Excellent economy: Singapore dollar to appreciate 8% against USD in 2011
Excellent economy: Singapore dollar to appreciate 8% against USD in 2011
The banking sector also remains well-capitalised and job creation has been strong with only 2.1% unemployment rate.
How will Asia stay resilient amid the devastating market turmoil?
Looks like Asia’s move to lean more on domestic rather than external demand to drive growth will now pay off.
“Singaporeans come first”: Prime Minister
PM Lee Hsien Loong however stressed that Singaporeans should not turn negative on foreigners, as Singapore has prospered because of its openness to...
GDP growth estimate downgraded from 5.7% to 4.5%
Financial services, transport and storage and wholesale and retail trade may remain weak in H2 2011.
Price pressure: Asian inflation to reach 4.5% in 2011
But despite downside risks, analysts expect growth to rebound during the remainder of the year, so don’t fret.
Mr K Shanmugam: The Elected President can be highly influential
The Minister made the clarification amidst confusion on what the Elected President can actually do under the Constitution.
China’s inflation may have risen to 6.5% in July
DBS expects new loans to drop to CNY 598.5bn from CNY 633.9bn in the previous month.
Prime Minister to deliver National Day Rally speech on 14 August
The rally will be broadcast live on local television channels and radio stations.
Asian credit still sound amidst shadows of European debt
But Japan is an exception, as debt problems intensified in the recent months, according to Standard & Poor’s.
Indonesia to surpass US’ GDP per capita of USD47,300
The country may come close to USD50,000 GDP per capita by 2050.
Minister of State for Foreign Affairs visits Batam
This is Masagos Zulkifli’s first visit to Batam as Minister of State for Foreign Affairs.
Mark your calendars: Presidential election on 27 Aug
That is if more than one candidate stands nominated for election at the close of nominations on 17 August.
Singapore to maintain sound economic policies to foster growth
Singapore will continue to take a long-term, rational perspective and continue to be an international hub, open to global investments and talent...
Global online consumer confidence plunges to lowest level in six quarters
And 45% of Asia Pac online consumers said they are currently in recession.
Singapore's PMI drops to 49.3 in July
Electronics PMI also fell to 49.5.
Exports in South Korea hit a record USD 51.4bn in July
Exports of ships led the strength in overall exports, rising sharply to USD 6.2bn.
Analyst warns Chinese banks on risk from rising local government debt
79% of China's local government debt were from bank loans, according to the National Audit Office.
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