Economy

Hopes rise as Singapore’s economy surges 5.9% in 3Q11

Hopes rise as Singapore’s economy surges 5.9% in 3Q11

Manufacturing rebounded by 13.2%, buoyed by the strong performance of the biomedical manufacturing segment.

Malaysia’s industrial production expands at six-month high of 3% in August

The rebound was led by an upswing in the index heavy weight manufacturing, which rose 4.8%.

Testing times: Emerging market growth in its weakest level in nine quarters

The slow growth implies that the pace of global economic growth will remain disappointing at well below 3% in both 2011 and 2012.

India’s industrial production may have dropped to 5% in August

However, the main problem for India right now is its unceasing inflation as fuel prices are raised despite falling global oil prices.

Fears abound as Philippine exports plummet 15.1% in August

And it seems like September’s export growth won’t be doing good as well.

Slower growth feared for Singapore

DPM Tharman said the government will spend more in the next five years to sustain growth. MAS meanwhile will continue “judicious management” of the...

“What Singapore has achieved, very few others have done”: President

President Tony Tan went so far to say that Singapore’s "well educated, hardworking workforce" is the best in the world.

China's GDP may have surged 9.4% in 3Q11

It's time to scrap those thoughts of a hard landing in China as trade surplus for July and August totaled a whopping US$48.2b.

Hopes rise as Singapore GDP may grow to 5.3% in 2H11

Could a 6.9% growth in manufacturing save the country from a technical recession?

Philippine exports may have risen 6.1% in August

As non-electronics exports continue to do well despite economic headwinds, jumping 30% in the first seven months of the year.

India’s inflation may have jumped to 9.8% in September

Price pressures are on the rise and unfortunately, the economy has to bear the burden of higher fuel prices.

The technical recession is nearly upon us: DBS

DBS says Singapore may narrowly avert a technical recession as long as the growth momentum in the services sector remains positive.

A*STAR launches 2 initiatives to boost productivity and innovation

The agency unveiled of Manufacturing Productivity Technology Centre and Singapore Workforce Skills Qualification Operations MaNagement and...

8 out of 10 SEA executives are confident in their local economy

While nearly 7 out of 10 respondents perceive the global economy to be declining.

China’s pharma product demand to grow by 25% every year

And emerging economies will account for 50% of global growth in demand to 2015.

Singapore economy to grow 5.1% in 2012

HSBC expects the country’s growth to ease in the coming quarters as exports and industrial production are declining.

Philippine inflation reaches 4.8% in September

And a recent typhoon which damaged 760,000 tons of rough rice will put more pressure on inflation in the coming months.