Economy
Singapore and Japan forge stronger bilateral ties to boost creative industries
Meeting of ministers from the two countries reaffirmed cooperation in the creative industries as an important new pillar of ties between the two...
Singapore and Japan forge stronger bilateral ties to boost creative industries
Meeting of ministers from the two countries reaffirmed cooperation in the creative industries as an important new pillar of ties between the two...
Testing times: Inflation surged to 5.7% in August 2011
Blame it on higher costs of transport and housing which went up by 12.5% and 9.9%, respectively.
Thailand’s export growth beats market expectations at 31%
Import growth of 44% also beat analyst and market forecasts of 25%.
Taiwan warned on threats of slowing exports to job market outlook
Seasonally adjusted unemployment rate may have remained unchanged at 4.37%, near a three-year-low.
China’s flash manufacturing PMI dips to 49.4 in September
HSBC says the country won’t suffer a hard landing yet as exports growth has expanded over 20% despite the weaker external demand.
Taiwan’s export order growth plummets to 5.3% in August
DBS blames weaker demand from Europe and the US, as manufacturers have cut orders amid rising concerns over the debt crisis.
Asia reigns as regional economic powerhouse
And guess what three countries were picked by Singaporean executives as the most promising markets for growth?
Risk of technical recession rises
Inflation also remains significantly higher than the historic average despite increasing downside risk to economic growth, says economist.
Mr Teo Ming Kian retires as permanent secretary for National Research and Development
Ms Yong Ying-I will be appointed concurrently as permanent secretary, effective from 2 October 2011.
Passenger vehicle sales in Thailand grew 11% in August
This points to continued normalization in production from the supply-chain disruptions following the natural disasters in Japan.
ASEAN growth seen to be domestically driven
Study also shows Indonesia will be the driver of regional growth as Western share of global GDP falls.
Singapore’s inflation may have dropped to 4.7% in August
DBS expects the country’s inflation to be on a sticky downward grind in the coming months.
Beware of technical recession ahead, warns analyst
Standard Chartered says a technical recession could affect some Asian economies, like Singapore and Hong Kong, by the end of 3Q 2011.
Non-oil domestic exports surge 5.1% in August
This figure comes as a surprise, especially amidst worsening economic conditions.
Testing times: Hard landing looms for Asia Pac economies
But China could maintain its record of high single-digit growth for several years if it steps up its reform program.
Are dark clouds ahead for Asian businesses?
Asia business sentiment fell in the third quarter, hitting its lowest level in two years, as global economic uncertainty rose.
India’s inflation alarming at 9.8% in August
The country’s inflation woes clearly won’t go away anytime soon.
Read Here
Advertise
Sign Up
