Economy

Why did F&B receipts crash last month?

Why did F&B receipts crash last month?

F&B sector grew only 4.2% yoy in February as Singaporeans avoided restaurants, fast food places and caterers.

Singapore GDP growth slips to 1.6% yoy

But economic momentum could be picking up with the qoq growth rising to 9.9% from last quarter's 2.5% contraction.

Election results expected to fuel social spending in South Korea

With an amount pegged at USD77.7bn, around 7% of the 2011 GDP, how will this impact the nation's coffers?

Singapore tightens monetary policy

It’s the first country in Asia to do so in 2012.

A nice surprise: China's credit data soars high

Total new Yuan loan grew CNY2.46tn in the first quarter, up from CNY2.26tn in Q1 2011.

Did Singapore's economy fare well in 1Q12?

As manufacturing headed south by -2% and construction grew by 6.2%, the Ministry of Trade and Industry estimates expansion.

MSTU tax relief scheme expanded

Parents-in-law and grandparents-in-law now covered under the Minimum Sum Topping-Up scheme.

Central procurement agency in the drawing boards?

The proposal was made after a new audit report showed glaring lapses in the public sector procurement process.

Malaysia GDP outlook brightening: OCBC

Newly released February data impresses and warranted an upward revision to 4.4% from 3.8% yoy GDP growth.

What dragged down Singapore's economy in 4Q11?

The downswing in the global tech cycle and the weak property market saw the economy shrink by 1.3%.

Singapore economy seen to expand by 8.5%

It translates to a 1.1% YoY growth, but down from 3.6% in 4Q11 - so is the economy really heading up or down?

The Big Squeeze: 34% of Singaporeans willing to cut luxury spending

Watches & jewellery, fashion & accessories and cars top their austerity list.

Are Asians not feeling the financial pinch?

Luxury spending is still bullish particularly in China and Hong Kong even as economic uncertainties rise.

Business confidence in Singapore is waning

A survey revealed that there is uncertainty in the macro level - will Singapore's confidence in business prospects drop even more?

China exports regain momentum in March

It grew 8.9% yoy above market expectations and is fueling hopes of 13% export growth in 2012, says CIMB.

MAS "very concerned" over inflation

Inflation rate has been more persistent but MAS is yet to set a formal target for inflation.

Japan imposes tighter monetary policy

The Bank of Japan prepares to counter the 0.1% slowdown in monetary base and reaccelerate growth by taking on a more conservative approach.