Economy
Prime Minister's Office appoints Benny Lim as Permanent Secretary
Mr. Lim's appointment is effective from September 1.
Prime Minister's Office appoints Benny Lim as Permanent Secretary
Mr. Lim's appointment is effective from September 1.
Beware: Singapore to suffer significantly from global growth slowdown
An analyst warns investors to stay away from high-beta sectors such as industrials and property.
Top 10 Singapore brands shrug off recession
The brands were valued at US$18bn with Great Eastern emerging as top riser by brand value growth at 83%.
Global gold demand worth a near-record US$44.5bn in Q2 2011
Guess which country has the most demand for the yellow stuff?
Testing times: Indian economy to further slowdown to only 7.2% in 2012
What could be India’s way out of the slowdown?
Temasek: Our share of Singapore economy only about 10%
The investment firm made the clarification amidst “mistaken claims” that Temasek’s stake in the Singapore economy could be almost 60%.
Non-oil domestic exports drop 2.8% in July
And electronic exports plunge 16.9% as key electronic products recorded weaker sales.
GDP growth in Asia to ease in 2011 to a decent 7.2%
And Singapore is one of the six Asian economies which reported 2Q GDP registered sequential
Don’t panic: China’s economy still stable
If GDP growth is only 8% but there is no systemic unemployment, China will be fine.
Singapore tightens employment pass eligibility requirements
New employment policy will maintain the foreign share of the workforce at only one-third.
Philippine remittances suffer from currency strength
The Philippine Peso has strengthened by close to 6% against other currencies since early 2010.
Japan’s GDP shrinks 1.3% in 1Q11
The contraction was led by exports of good and services which dropped by 4.9%.
What to do with Asian central banks’ FX reserves?
In May 2011, roughly 33% of non-Japan Asia reserves were parked in US treasuries.
"Even more important than physical investments is our people": Prime Minister
PM Lee Hsien Loong talked about building the sense of being Singaporean, of ownership and belonging, during the National Day Rally.
Indian monthly trade deficit widened to US$11.1b in July
Trade deficit is expected to stay in the range of 7-8% of GDP.
Brace yourselves for a looming recession, warns analyst
The global index is down by 16% since August 1 and by 19% since it peaked in late April.
Analyst warns Asia on threats from a 9% risk to earnings in 2012
That is if earnings from a 1% lower G10 GDP growth where the base case is 2.4% becomes reality.
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