Economy

Nearly one in five of the world's billionaires are crazy rich Chinese entrepreneurs

A new cohort of Chinese entrepreneurs in Shenzhen will challenge US’s Silicon Valley tech hub.

APAC leads total global venture capital investments in Q3

Grab accounted for the largest deal in the region with a $2b raise.

Retrenchments fall in Q3 as employment growth doubles

However, unemployment rates inched up slightly from 2% to 2.1%.

Singapore manufacturing shrank 0.2% in September

All clusters contracted except for transport engineering and precision engineering clusters.

Assets under management in Singapore climbed 19.3% to $3.3t in 2017

78% of AUM was sourced from outside in Singapore in 2017.

Japan's private consumption dampens as GST increases: Fitch Solutions

Spending on personal care is projected to shrink 1.2% annually over 2018 and 2022.

Singapore inflation dipped 1.8% in September

Prices of services grew, but they were not enough to offset the moderation in retail prices.

New government agency to mobilise SEA infra capital

'Infrastructure Asia' will help connect supply and demand for infra projects.

Study says CPF needs to improve in these two areas

It can open up the scheme for non-permanent residents as well.

Singapore ranks first in total FDI capital investments in 2017

It also topped the list of cities with the highest financial services-related employment.

Daily Briefing: PM Lee says Singapore and EU ‘remain committed' to free trade; Resource centre for freelancers to launch in 2019

And a UK-based fintech firm eyes to link up with new instant payment schemes in Singapore and Hong Kong.

APAC is the world's richest region: report

Its total wealth comes to US$114.56t.

SGD will fare around $1.35 against USD in 2018: Fitch Solutions

It could be hit by the escalating US-China trade wars paired with US Fed hikes.

Singapore ranked fifth in Global Power City Index

It topped rankings in employee life satisfaction globally and startup environment in Asia.

Singapore clinches ninth spot in highest average wealth per adult: Credit Suisse

It hit $390,280, thanks to high savings and asset price increases.