Economy
Singapore’s population grows to 5.18m
Singapore’s population grows to 5.18m
This is a 2.1% increase from 2010 due to increased number of citizens and non-residents.
Economic ties between Singapore and Vietnam strengthens
Bilateral business linkages include an MOU to explore a new Vietnam-Singapore Industrial Park (VSIP) in Central Vietnam.
Korea’s export growth may have dropped to 21.4% in September
DBS blames the effects from the earlier arrival of the Chuseok holiday for the decline in exports.
Singapore’s manufacturing output surges 21.7% in August
Biomedical manufacturing expanded the most at 145.8%, buoyed by the strong growth in pharmaceuticals.
Thailand’s manufacturing production may have risen 4% in August
DBS says the strong ramp up in production should lift third quarter GDP growth to double-digits in September.
China is on a self-imposed credit crunch, says analyst
This self-imposed credit crunch increases the risk of default and drives supply into offshore bond markets, says Morgan Stanley.
Singapore may escape technical recession but downside risks remain
Stagflation haunts Singapore economy and the Monetary Authority of Singapore (MAS) may have to unwind policy stance, says an economist.
Industrial production may have jumped to 14.2% in August
Electronic production should remain in the doldrums given the weakening demand for the US semiconductor industry.
SGD among the most sensitive to risk dynamics, says analyst
USD-SGD saw what an analyst described as “something of a breakdown” during the middle of 2011.
Singapore and Japan forge stronger bilateral ties to boost creative industries
Meeting of ministers from the two countries reaffirmed cooperation in the creative industries as an important new pillar of ties between the two...
Testing times: Inflation surged to 5.7% in August 2011
Blame it on higher costs of transport and housing which went up by 12.5% and 9.9%, respectively.
Thailand’s export growth beats market expectations at 31%
Import growth of 44% also beat analyst and market forecasts of 25%.
Taiwan warned on threats of slowing exports to job market outlook
Seasonally adjusted unemployment rate may have remained unchanged at 4.37%, near a three-year-low.
China’s flash manufacturing PMI dips to 49.4 in September
HSBC says the country won’t suffer a hard landing yet as exports growth has expanded over 20% despite the weaker external demand.
Taiwan’s export order growth plummets to 5.3% in August
DBS blames weaker demand from Europe and the US, as manufacturers have cut orders amid rising concerns over the debt crisis.
Asia reigns as regional economic powerhouse
And guess what three countries were picked by Singaporean executives as the most promising markets for growth?
Risk of technical recession rises
Inflation also remains significantly higher than the historic average despite increasing downside risk to economic growth, says economist.
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