Economy

Q1 GDP could be revised upward: OCBC

Q1 GDP could be revised upward: OCBC

It is increasingly likely to be revised up to 1.9% yoy but future quarter forecasts remain subdued at a 1-3% yoy range.

Upward revision of Singapore’s 1Q GDP seen

Standard Chartered Bank expects GDP growth to be changed a day before it is released by the Monetary Authority of Singapore.

Will domestic demands in Japan compensate for weak exports?

Growth will most likely come in the range of 2-3%, according to analysts.

Should Singapore panic over its $4 billion pledge to IMF?

The Parliament was reassured that extending the credit to the International Monetary Fund poses far less default risk than imagined.

China central bank eases bank reserve requirements

It cut the RRR by 50 basis points and will free up RMB420 billion which will help spur economic growth, says CIMB.

Only a few months more of high inflation: Trade Minister

Singapore inflation has hovered at 5% but it will experience a steep drop in the next two quarters, says Minister Lim Hng Kiang.

Reflecting on 20 years of Singapore free trade agreements

In 1992, Singapore signed its first free trade agreement (FTA), the Common Effective Preferential Tariff scheme with its ASEAN neighbors. Twenty...

China exports down 4.9% in April

The decrease is due to the continuing European crisis and slow shipment to the G3 market.

New risk governance guidance for listed boards

It was released to limit risk exposure and avert a repeat of the governance disaster last seen in the 2008 financial crisis.

70% of Singaporeans say businesses fall short in supporting social issues

Companies better start caring about social causes as 84% of Singaporeans say they would buy the company's products if they do so.

Singapore millionaires getting richer despite global recession

70% of those surveyed by Royal Skandia said their wealth had risen between 2008 and the end of 2011.

Is India vulnerable to an investment capital crash?

The risk is growing, warns Morgan Stanley, if India continues on its reckless spending path.

Chart of the Day: SG inflation, most sensitive to changes in local food prices in Asia

A 1ppt increase in local food, local energy, global food, and oil impact on headline inflation by how much?

Inflationary pressures likely to persist in 2H

Positive macro trends however are seen despite inflationary risk.

Indonesia GDP slips to 6.3%

But this should be viewed positively as it translated to a 0.7% qoq seasonally adjusted increase, says OCBC.

Chart of the Day: How sensitive is Singapore exports to slowdown in big economies?

A 1ppt change in GDP growth in the US, EU, or China impact on local real export growth by how much?

ADB, Singapore tie up to reduce poverty in Asia

Focus of partnership will be on governance and public policy, private sector development, and infrastructure development and climate change.