Economy

“What Singapore has achieved, very few others have done”: President

“What Singapore has achieved, very few others have done”: President

President Tony Tan went so far to say that Singapore’s "well educated, hardworking workforce" is the best in the world.

China's GDP may have surged 9.4% in 3Q11

It's time to scrap those thoughts of a hard landing in China as trade surplus for July and August totaled a whopping US$48.2b.

Hopes rise as Singapore GDP may grow to 5.3% in 2H11

Could a 6.9% growth in manufacturing save the country from a technical recession?

Philippine exports may have risen 6.1% in August

As non-electronics exports continue to do well despite economic headwinds, jumping 30% in the first seven months of the year.

India’s inflation may have jumped to 9.8% in September

Price pressures are on the rise and unfortunately, the economy has to bear the burden of higher fuel prices.

The technical recession is nearly upon us: DBS

DBS says Singapore may narrowly avert a technical recession as long as the growth momentum in the services sector remains positive.

A*STAR launches 2 initiatives to boost productivity and innovation

The agency unveiled of Manufacturing Productivity Technology Centre and Singapore Workforce Skills Qualification Operations MaNagement and...

8 out of 10 SEA executives are confident in their local economy

While nearly 7 out of 10 respondents perceive the global economy to be declining.

China’s pharma product demand to grow by 25% every year

And emerging economies will account for 50% of global growth in demand to 2015.

Singapore economy to grow 5.1% in 2012

HSBC expects the country’s growth to ease in the coming quarters as exports and industrial production are declining.

Philippine inflation reaches 4.8% in September

And a recent typhoon which damaged 760,000 tons of rough rice will put more pressure on inflation in the coming months.

Indonesia’s GDP rises 6.5% in 2Q11

However, inflation pressures are still lurking as August core inflation reached a two-year high of 5.2% y-o-y.

India’s GDP up 7.7% in 2Q11

The country’s economy has slowed a little more as private consumption growth eased to 6.3% from 8% in 1Q11.

Singapore SMEs optimistic despite economic headwinds

According to Sage Group’s survey, Singapore businesses were among the most confident in the recovery of their country’s economy, while companies in...

Singapore PMI down to 48.3 in September

This is the third straight time that the manufacturing economy has contracted after having previously recorded 9 months of continuous expansion.

IE Singapore ties-up with the CAF Development Bank of Latin America

Singapore-Latin America economic ties continue to expand as bilateral trade increased by 38% in the first 8 months this year.

Singapore to bridge Latin American interests in Asia

Singapore will continue to bridge interests and strengthen its role as Latin America's valued partner in this region, said the republic's Minister...