Economy
Reflationary efforts and new year to boost China trade activities in 2020
Reflationary efforts and new year to boost China trade activities in 2020
Exports and imports are foreseen at 0% and 3% YoY, respectively.
NODX reversed decline with 2.4% growth in December
Non-electronic NODX growth sped up to 11.5%, boosted by non-monetary gold.
Singapore's fixed asset investments hit $15.2b in 2019
Large manufacturing investments came from semiconductor and energy companies.
Payment performance further weakened in Q4 2019
The retail sector saw the highest increase in delayed payments.
GDP may recover to 1.4% in 2020: report
MAS is expected to maintain the S$NEER slope.
GDP growth fell to 0.7% in 2019: MTI
Contraction under the manufacturing sector worsened to 1.5%.
Over half of bosses bullish about growth in 2020
In fact, 40% of businesses across IT and finance plan to add new permanent positions to their teams.
The sweet trap of entrepreneurship
“Entrepreneurship is a trap.”
Political risks, trade tensions continue to pressure ringgit
Average forecast for 2019 remains at MYR4.15/USD.
NODX's decline narrows to 5.9% in November
Non-electronic NODX countered the weakening performance of electronic NODX.
Employment growth rose to 21,700 in Q3
Over half of the growth came from the services sector.
Economic tailwinds to drive Singapore's growth in 2020
NODX is tipped to recover to 1.6%.
Singapore is Asia's seventh most expensive city for expats
The strength of the Singapore dollar has kept the city at the top.
Malaysia's external trade slides 6.7% in October
Imports similarly posted a decrease with 8.7% fall in the same month.
Over more than a quarter of employees plan to jump ship by 2020
68% of younger employees are open to finding new roles next year.
Businesses turn bullish for Q1 2020
Local firms have positive outlook for five in six indicators.
PMI rose 0.2 points to 49.8 in November
Factory output and inventory sped up in expansion.
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