Economy

New council to lead Singapore's e-payments initiative

The board will consist of 20 leaders from businesses, banks and trade groups.

New council to lead Singapore's e-payments initiative

The board will consist of 20 leaders from businesses, banks and trade groups.

Macau tourism grows slowly by 0.86% in June

Costly transportation and accommodation pushed tourists away.

Services sector bullish on business outlook for H2

A net weighted balance of 5% of firms expect favourable conditions.

Thailand's manufacturing PMI hits eight-month low of 49.6 in July

Weak demand and sales deteriorate manufacturing conditions.

Taiwan GDP grows 2.1% in Q2

But exports posted the slowest growth in three quarters.

Philippines' manufacturing PMI slows to 52.8 in July

It’s the lowest reading since January 2017.

Japan's manufacturing PMI dropped to an 8-month low

Dwindling export orders halt the index from rising.

China's manufacturing PMI slips to 51.4%

Extreme weather change and maintenance hindered manufacturing growth.

Vietnam's manufacturing growth grows to 52.5%

Automobile growth breathed back life into the sector.

Malaysian exports surge 32.5%

Imports also increased 30.4% in May.

Taiwan's industrial production grows to 3.1%

Higher demand for electronics could be pulling the country up.

Japan CPI inflation remains at 0.4%

Bleak output, wages, and outlook are halting growth in the country.

Unemployment rate eases in Q2

The uptrend seen since September 2016 was halted.

South Korea GDP growth slows to 2.7% in Q2

Poor exports blocked the country's room for economic growth.

Singapore tycoons are getting richer this year

Their total net worth has risen by 11% to $104.6b.