Economy
7th President to be sworn in 1 September 2011
7th President to be sworn in 1 September 2011
Before welcoming the President-elect, a 96-strong guard of honour will first send off President S R Nathan on Thursday evening at the Istana.
Korea’s industrial production rises 3.8% in July
Morgan Stanley says production activities were affected by the holidays, and possibly by the heavy rainfall in the month.
Japan’s industrial production to drop 2.4% in September
But it may have increased 2.8% in August, says DBS.
India’s GDP eases to 7.7% in Q1-FY12
Consumer demand slowed dramatically with private consumption growth dropping to 6.3%.
Want to remarry? Declare your debts first
This is among the requirements taking effect on 1 September 2011.
SG economy contracts 6.5% in 2Q 2011
The 7.4% growth in the manufacturing sector last month offers little assurance against the possibility of another technical recession.
Voters faced a difficult choice: Prime Minister
Mr Lee Hsien Loong said this explains why the winning margin was so narrow.
Dr Tony Tan wins Presidential Election 2011
He beat closest contender Dr Tan Cheng Bock by not more than 2% of the total number of valid votes cast.
More than 94% of registered electors cast their vote
The total number of votes cast in Singapore was 2,153,014.
Service sector business receipts up 6.6% in 2Q11
Real estate services recorded the highest business receipts at 4.4%.
Singapore’s manufacturing growth eases to 7.4% in July
HSBC says it could’ve been worse, if not for the 47.7% jump in pharmaceutical output.
Fearless forecast: Brace yourselves for the mega 2-year Singapore recession
It's a looming disaster for the Lion City, as Fitch Ratings warns it could have its GDP cut by 4.1% from 2011-2013.
Incredible industrial production figures may lift the odds of technical recession
Industrial production output may have grown by 9.4% in July.
Fitch confident about Singapore banks’ resilience
The ratings firm said Singapore banks are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global economy.
Asia’s GDP growth to slow down to 6.9%
UBS says the growth of small Asian economies will likely ease towards 3% next year.
Japan’s sovereign credit rating downgrade to Aa2 is not surprising: DBS
After all, Japan’s outstanding public debt equivalent to 200% of GDP is already the world’s highest.
China may have 9% GDP growth in 2012
And annual average of CPI inflation could be 4%.
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