Economy
Technical recession risks heighten over dismal GDP growth
Technical recession risks heighten over dismal GDP growth
Economic growth declined to a mere 0.1% for Q2.
Singapore GDP growth slows down to 0.1% in Q2
The manufacturing sector continued its sharp decline and contracted 3.8%.
APAC high net-worth wealth down 5% in 2018
China accounted for 53% of the region’s decline.
Enterprise Singapore launches inaugural Scale-up SG programme
The 2.5-year programme will help fuel the expansion plans of local firms.
Asia's venture capital deal value hit US$129b in 2018
China leads the pack with $145.6b (US$107b) made from 4,281 deals.
Taiwan's economic growth forecast down 2.1%
Export growth is expected to shrink by 3.0% as demand for electronics and private consumption declines.
Over half of local firms bullish on trade in the next two years: poll
Driving productivity and technological innovation will be the beachhead in Singapore firms’ fight against a more subdued economic environment.
Singapore's infrastructure gap expected to be one of the world's smallest by 2040
By then, the country’s infrastructure gap is tipped to hit US$400m compared to the global gap of $19t.
Daily Briefing: Singapore cuts reliance on sand amidst Malaysia curbs; BNP Paribas culls Asian equities team
And proptech startup UrbanAgents raised $2m in seed funding.
Firms slack off in bills payment for Q2
Slow payments ate up over one-third of total transactions due to deteriorating credit conditions.
Singapore's IPO proceeds skyrocketed 182% to $1.55b in H1 2019
The growth was boosted by the two US REITs that accounted for 96% of total funds raised.
SMEs bearish on business prospects for H2 2019
The SBF-Experian SME Index fell 1.95% and recorded the lowest reading since 2013.
Singapore exports to receive faster clearance to New Zealand
Customs-certified firms will undergo less documentary and cargo inspections.
Daily Briefing: Singapore could face ‘shallow' recession in Q3; MAS talks to Facebook over cryptocurrency plans
And UOB poaches HSBC’s Singapore head of retail business banking.
The future of Singapore's globalisation story is… human
It was now over ten years ago when the cargo ships stopped moving. The Global Financial Crisis reached Asia causing the Singapore Strait, one of the...
Inflation held firm at 1.3% in May
Higher retail and food inflation offset steep declines in electricity and gas costs.
Building a stronger and globally competitive Singapore
As growing uncertainty mounts in the global economy due to the US-China trade conflicts, the need to transform Singapore into a globally competitive...
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