Economy

Rising Oil prices will drag Asian economic growth: Ernst & Young

The firm warns of a "new kind of oil shock" we haven't see before.

Rising Oil prices will drag Asian economic growth: Ernst & Young

The firm warns of a "new kind of oil shock" we haven't see before.

Fishy business: China Fishery’s net profit drops 2% to US $46 million

The fish processor was hit by a closure of the Peruvian fishing grounds and the delayed delivery of fish roe to Japan.

Oops. April exports fell by 1.8% year-on-year

Don't panic yet, but the drop in non-oil domestic exports resulted in total exports growing by just 5% which is well below the 12.7% recorded in...

Recent election marks PAP's narrowest margin of victory

The rise in popular dissatisfaction with the PAP may eventually alter the economic policy framework, said Moody's.

PM: Connectivity key to propelling SG economy forward

Singapore's economy will grow by staying plugged into the world, said Prime Minister Lee Hsien Loong.

Singapore wealth fund warns against lowering US bond ratings

A top official at Singapore sovereign wealth fund GIC feels the world could face another major financial and economic crisis if the United States...

PAP gains 60.1% of popular vote

Ruling party PAP secured 81 of the total 87 parliamentary seats, said OCBC.

Singapore still the top Asian city to do business and leisure

New York topped the Cities of Opportunities ranking while Singapore ranked 9th worldwide.

PM says wage increase has a hidden risk

Should built-in wages grow too much and too fast, Singapore would generate a wage-price spiral that feeds inflation, said PM Lee.

Japan tragedy to have limited negative impact on Singapore

The Asia and Pacific region will experience rebust growth both in 2011 and in 2012, said the IMF.

Opposition to contest 82 of the 87 parliament seats

Only the slate of 5 PAP candidates led by Minister Mentor Lee Kuan Yew in Tanjong Pagar district will run unopposed.

Singapore's 2009 overseas investment up to $736.5bn

The country’s direct investment contributed 48.8% to total investment abroad while 28.3% and 22.9% were attributed to portfolio investment and other...

Economy's surge in Q1 set the stage for broad-based growth in 2011

After the surge in Q1, there could be a temporary pullback in economic activity in Q2, said the MAS.

1% upgrade in GDP forecast herald sunny future for SG economy

However, inflation may still remain elevated due to various factors, said OCBC.

Growth may ease in the next few months

The 22% jump in manufacturing output was still weaker than the GDP flash estimate for manufacturing, said HSBC.

Singapore GDP could slow to 2.5% year-on-year in the second quarter

The slower y-o-y growth for the Q2 compared to the 8.5% in Q1 is partly due to a strong base year and a volatile production that spells downtrend in...

Inflation woes to get worse

The impending rise of utility costs in Q2 and rising commodity prices mean the inflation battle is by no means over, OCBC said.