Economy
Oil trade heats up amidst price hikes
Its 36% growth reversed the 18% decline in 2016.
MTI expects economic growth to slow down this year
GDP growth forecast is set at 1.5 to 3.5%.
Singapore's economy jumps by 3.6% in 2017
Goods producing industries push the growth with 5.7% increase.
Singapore's services trade made $463.3b in 2017
Transport services boosted services exports.
NODX jumped 8.8% in 2017
Non-electronic exports rose 9.2% and contributed to growth.
GST hike long overdue: UOB
GST revenue grew 6.2%, lagging government expenses which rose 8.6%.
Singapore expects a whopping $2b boost in 2017 revenue
The unexpected 4.1% increase is significantly higher than initial forecasts of just 1.1%.
Singapore may slam tax on e-commerce kings Amazon and Lazada
Eight of 12 economists think the new budget will include a new tax for online vendors.
Japan's GDP to increase 0.4% in Q4
Global domestic demand is likely to boost growth.
China's inflation rate to grow 2.4% in 2018
This is mainly due to higher food prices.
Exports to grow 5.4% in January
Tech exports are expected to drive a turnaround.
Government could save 1% of GDP in 2018 budget: BofAML
Thanks to Singapore's improved economic situation.
Singapore households are richer by 15.5% versus five years ago
On average, they earned around $9,023 in 2017.
Taiwan's inflation rate fell 0.9% in January
This was due to the different timing of the Lunar New Year.
Singapore's foreign reserves gained 11.73% to US$282.38b in January
Its gold and forex reserves climbed by 3.95%.
GDP growth in 2017 down to 3.4%: OCBC
No thanks to slower NODX and manufacturing output.
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