Economy
DBS and Trafigura to launch open-source blockchain trade platform
DBS and Trafigura to launch open-source blockchain trade platform
It will cut trade document transit time from 45 to 20 days.
MAS, Bank Indonesia extend US$10b bilateral financial agreement
The deal allows the two banks to access foreign liquidity from each other.
Indonesia GDP growth dips to 5.02% in Q3
Demand-side private consumption slipped to 1.2% in Q3 due to weak spending.
Taiwan's GDP to grow 2.5% in 2019
Investments is expected to pick up growth from tech firms.
Net formation of businesses down in January-September 2019
There were fewer firms formed in the logistics, business services and construction sectors.
PMI edges up 0.1 point to 49.6 in October
The reading was attributed to a boost in factory outputs.
Malaysia gross exports hit 35-month low in September
Exports slipped 6.8% no thanks to declines in manufacturing, agriculture, and mining.
Taiwan cashes in on trade war: report
Capital fleeing can re-energise its bland investment market.
MAS rejects aggressive policy easing despite weak economic growth
It expects GDP growth, business costs, and consumer prices to stabilise.
Thailand's economy to grow 3.0% by 2020 as exports take hit
Businesses are also increasingly pessimistic.
China's GDP slowed to 6% in Q3 2019
The African swine flu outbreak weighed on growth.
Singapore economy could bounce back in 2020: Fitch Solutions
Hong Kong’s problems could just be Singapore’s lifelines.
China's GDP growth in Q3 slows to 6%
Urban fixed assets investment declined to 5.4% YTD in September.
GDP growth may hit 0.5% in 2019: report
MAS expects the manufacturing and retail sectors to contract.
9 Welsh firms to stop by Singapore for trade mission
The firms come from the energy, tech, and creative sectors.
NODX dropped 8.1% YoY in September
Electronic exports crashed 24.8% YoY.
Public cloud can give $41.09b boost to GDP: report
The deployment of a public cloud is also expected to add 22,000 jobs.
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