Economy
Singapore beefs up quality standards via S$20mn funding programme
3 committees have been established to look into standards for emerging areas to keep abreast with changing trends and industry needs.
IE Singapore unlocks business opportunities for Singapore firms in Guangzhou
IE Singapore partners Singbridge International and Guangdong Development District to explore thematic projects at Knowledge City.
Spending splurge: Korean households spend more than what they earn
Households' gross savings are hence dropping rapidly, which has lasted for too many quarters, says Morgan Stanley.
China’s local government debt reached RMB 10.7 trillion in 2010
About RMB 9 trillion, or 84% of the total was explicitly taken on or guaranteed by governments.
What could be the next Asian credit growth crisis?
Current slowdown in credit may cause bigger headaches, says Morgan Stanley.
Is China headed for a hard landing?
The country’s PMI slipping to 51.6 in May was a major concern among investors, says HSBC.
Growing pains: Vietnam’s growth falls short at 6.5%
DBS says the country’s inflation will likely register a high 18.6% this year.
Asia Pac loan volume reached $180bn in 1H 2011
And you’ll never guess which country led with a 22% share.
Asia Pac debt markets boom 19% to a record $348.9bn
China led the region with $112.4bn and accounted for 32% of Asia Pacific (ex Japan) DCM volume in 1H 2011.
$400 million to be spent on urban sustainability R&D
This amidst what are said to be increasingly scarcer resources and tighter land constraints.
China meltdown: Will China’s GDP growth drop by more than 30% in 2011?
It is a rare probability event to call, as there have been four such episodes since 1980.
Don’t panic: China’s local debt still ‘manageable’ at RMB 10.7 trn
HSBC says nearly 80% of the total amount were bank loans.
What you need to know about the Asian economy right now
HSBC reports of encouraging data that point to a robust pick-up growth in Asia:
Asian debt toll: Local currency debt surged by a record 7%, or $183.2bn in 2011
This is driven by record issuance in RMB and South Korean won with $94.5bn and $51.2bn respectively.
Asia Pac ETF assets up by 10.9% to US$59.0 Bn in May
In 2011 YTD, the number of ETFs increased by 29.5% with 59 new ETFs launched.
UAE assures protection for Singaporean investors with new rules
Above all else, the agreement fosters non-discriminatory, fair and equitable treatment for Singapore investors and investments in the UAE, and vice...
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