Economy

Singapore is 3rd most competitive city in the world

Singapore is 3rd most competitive city in the world

It lost to two Western financial hubs, but beat out regional rivals, Hong Kong and Tokyo.

Philippine government reduces debt as budget deficit shrinks

Perhaps Greece could take note of how the new Philippine government is ramping up tax collections.

Indian trade deficit widens as export growth decelerates

Trade deficit for February widened to US$15.2bn or 9.7% of GDP.

Job ads down by 10% in Q411

Bankers had the most difficulty in hunting jobs.

Nasty inflation to nag Asia in 1H12

Singapore and the rest of the region face pesky price jumps in oil and food.

Will China's export growth bottom out by March?

February exports posted a strong yoy rebound that may soon lead to a steady rise.

Singapore amid a shifting economic landscape

Singapore’s economy is often cited as Asia’s “coal mine pigeon”; although Singapore is a smaller and newer economy than its counterparts (China...

Tax talks: Where does Singapore stand?

Entrepreneurs residing in Singapore and Hong Kong experience no burdensome taxes, according to a paper published by Grant Thornton.

Non Oil Domestic Export probably picked up in February

Figure will be out on Friday and market may have something to cheer about after the poor outcome of -2.1% YoY in January.

Chart of the Day: GDP growth vs. general business expectations

Pessimism lingers among manufacturers despite GDP showing strength.

Bad start for China growth?

Spending and production have sagged in the first two months, but CIMB thinks GDP will still overshoot.

Refunding defective goods no longer the default recourse

Under the newly amended lemon laws, businesses may first repair or replace the items before handing a refund.

Singapore furniture industry in for a productivity boost

The government is eyeing a 20% increase in worker value-added and wider global reach.

Manufacturing sector cut 1,900 jobs in Q4 2011

Wage growth across sectors meanwhile slowed to 4.0% in Q4 from 5.4% in Q3.

Private banks must focus on strong branding strategy to increase share in Asia’s booming wealth market

There are now more millionaires in Asia-Pacific than in Europe and their numbers are nearing that of North America. According to the latest Capgemini...

Gadget sales slumped in Singapore in Q42011

Of the five key Southeast Asian markets, Singapore was the only one to contract at 11.7%.

Singapore's per capita GDP to surge 30% by 2020

The gap between Singaporeans' living standards and other ASEAN citizens will definitely widen - now isn't that something?