Economy

Singapore hopeful for China-backed Asia trade pact this year

Singapore hopeful for China-backed Asia trade pact this year

The trade minister said he was hopeful that the trade pact could be sealed by the end of 2019.

Hong Kong and Paris squeeze into Singapore's throne as costliest city globally

Singapore and Hong Kong are 7% more expensive than New York.

Southeast Asia GDP to slow down to 4.8% in 2019

Volatile export and manufacturing sectors are challenging the region’s economies.

Indonesian economy to slow down despite pre-election spending

GDP growth is expected to slow down from 5.2% to 5%.

Singapore's export and manufacturing woes spur economic slowdown in 2019

GDP growth is expected to decline to 2.4% in 2019 from 3.2% in 2018.

Only one in four construction SMEs paid their debts on time in Q4 2018: report

Weak activity was attributed to lower than anticipated construction demand for both the private and public sectors.

Singapore hailed as most attractive Asian market to do business: survey

Other outstanding cities following Singapore include Tokyo, Hong Kong and Seoul.

8 in 10 Singaporean women leave major financial decisions to spouses: report

Only 20% of Singapore women engage in investing, insurance, retirement and other long-term planning.

MAS urges financial firms to adopt independent audit programmes

It aims to raise the standards for financial institutions in developing effective business continuity plans.

China to develop platform economy in 2020

The country is aiming to build a commodity circulation system that fits the modern economic system.

Asia is home to 48,245 ultra-high net worth individuals in 2018: report

The population is forecasted to grow 23% over the next five years.

Singapore eyes erasing paperwork in exchange of trade documents

IMDA and MPA will tie up to develop electronic Bills of Lading.

3.8% Philippine inflation in February falls back within target

The growth of the country’s supply chain and oil prices have slowed down.

China needs US$596.51b of stimulus to reach GDP target

Investments in infrastructure and construction are expected to boost growth.

Singapore to raise insurance cover for overseas project funding to $50m

It wants to boost support for local businesses’ overseas expansion.