Economy

Domestic wholesale trade up by 3.4% in 1Q12

Domestic wholesale trade up by 3.4% in 1Q12

But after adjusting for price changes, domestic wholesale trade actually decreased by 3.9% over first quarter 2011.

75% of Singapore firm revenues now sourced abroad

This is a marked increase from 65% in the previous year and shows how expanding overseas is the best way to grow.

India troubled by widening twin deficits

The country's fiscal and current account deficits are at all time highs and are causing all sorts of economic hiccups.

Is Thailand's economy gaining steam?

Economy expanded by 0.3% in 1Q12, but the manufacturing sector is still in the red.

Annual labor force survey begins

33,000 selected households will be asked to provide data on employment-related matters starting May 23.

Domestic wholesale trade recovers in 1Q12 as volumes rise

It posted a 2.3% increase over the 4Q11 after ajdusting for price changes with several sectors posting qoq growth gains.

Transport equipment leads foreign wholesale trade rebound in 1Q12

The sector alone recorded an impressive 29.1% qoq growth due to booming offshore trade in the first quarter.

Defending the Singapore brand

This will so get me into trouble. But the Singapore brand needs everybody’s help.

Singapore way behind in inflation control

Singapore gets lumped with India and Indonesia as "three main laggards" in moderating inflation, says RBS.

Korea's department stores suffer biggest decline in 3 years

Store sales fell by 3.4% as both luxury goods and discount products experience a drop in consumer purchases, by 5.9% and 2.4% respectively.

Chart of the Day: Total trade up 7.5% in Q1

The level of total trade reached S$252 billion in the first quarter of 2012.

GDP gains momentum as manufacturing makes a comeback

The Singapore economy expanded 10% in 1Q12 in a dramatic reversal from last quarter's 2.5% contraction.

NODX rockets to 8.3% growth in April

Returning confidence in some major markets helped non-oil domestic exports recover after it shriveled 4.3% last month.

Official GDP forecast remains at cautious 1-3%

What kept the Singapore government from raising 2012 growth predictions even after the economy bounced back from a qoq contraction?

Japan's GDP growth at 4.1%

Good news for Japan as the growth figure surpassed even market expectations.

MTI maintains 1-3% GDP growth forecast for 2012

Considerable downsides for Singapore’s externally oriented industries are expected if a disorderly sovereign debt default in the Eurozone...

Singapore vulnerable to a Greek Eurozone withdrawal

The fallout will plunge the local stock market, drive up short-term interest rates and weaken anew an already battered manufacturing sector.