Economy
New council to lead Singapore's e-payments initiative
New council to lead Singapore's e-payments initiative
The board will consist of 20 leaders from businesses, banks and trade groups.
Macau tourism grows slowly by 0.86% in June
Costly transportation and accommodation pushed tourists away.
Services sector bullish on business outlook for H2
A net weighted balance of 5% of firms expect favourable conditions.
Thailand's manufacturing PMI hits eight-month low of 49.6 in July
Weak demand and sales deteriorate manufacturing conditions.
Taiwan GDP grows 2.1% in Q2
But exports posted the slowest growth in three quarters.
Philippines' manufacturing PMI slows to 52.8 in July
It’s the lowest reading since January 2017.
Indonesian gov't approves 2.92% budget deficit proposal
It treads near the legal limit of 3%.
Japan's manufacturing PMI dropped to an 8-month low
Dwindling export orders halt the index from rising.
Singapore, Indonesia establish bilateral business council
It will be led by BKPM and EDB.
China's manufacturing PMI slips to 51.4%
Extreme weather change and maintenance hindered manufacturing growth.
Vietnam's manufacturing growth grows to 52.5%
Automobile growth breathed back life into the sector.
Malaysian exports surge 32.5%
Imports also increased 30.4% in May.
Taiwan's industrial production grows to 3.1%
Higher demand for electronics could be pulling the country up.
Japan CPI inflation remains at 0.4%
Bleak output, wages, and outlook are halting growth in the country.
Unemployment rate eases in Q2
The uptrend seen since September 2016 was halted.
South Korea GDP growth slows to 2.7% in Q2
Poor exports blocked the country's room for economic growth.
Singapore tycoons are getting richer this year
Their total net worth has risen by 11% to $104.6b.
Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure