EconomyLoop
where regional business news becomes global to everyone

2018 GDP still likely to hit 3.2%: economists

They are bullish on external growth but bearish on the property scene.... read more

 SBR42 days ago

     
Why intellectual property rights are key for Singapore's economic future

One of the great economic challenges of the 21st century is defining the role and scope of intellectual property (IP) in the economy.... read more

 SBR42 days ago
Here's why high exposure to foreign currency is a bane for Singapore banks

Along with Hong Kong, they have a higher foreign-currency exposure, which could be a risk amidst the trade wars.... read more

 SBR43 days ago
CPF retains ninth spot in world's biggest pension funds

It lagged behind Asian counterparts South Korea's National Pension and China's National Social Security.... read more

 SBR43 days ago
Daily Briefing: Trade minister says world's biggest trade deal to be set in Singapore by November; Blockchain lures more job seekers in Singapore

And Grab launches merchant deal rewards for drivers. From Reuters: The regional... read more

 SBR44 days ago
ASEAN to become world's fourth largest economy by 2030: Singapore PM Lee

The region is home to four of the world's fastest-growing economies, including Singapore.... read more

 SBR48 days ago
China's infrastructure investment growth contracted 1.8% in July

But it could recover amidst the government's policy easing.... read more

 SBR48 days ago
ASEAN's regional trade partnership deal could be rolled out by 2018

PM Lee urged members working on the agreement to make trade-offs and compromises for the long-run.... read more

 SBR48 days ago
PM Lee calls for stronger ties in ASEAN amidst global trade woes

It has put the rules-based multilateral trading system under pressure.... read more

 SBR48 days ago
Chart of the Day: Corporations led SGD-denominated bond issuance in 2017

Property corporations and financial institutions also made significant contributions to the issuance volumes.... read more

 SBR49 days ago
Korean firms cut hiring amidst higher wages

It has weakened firms' appetite for investments in the country.... read more

 SBR50 days ago
Singapore firms inked deals for projects in Africa

The Lion City entered its 13th Avoidance of Double Taxation Agreement with an African country, Gabon.... read more

 SBR50 days ago
Singapore dollar hits record-high amidst climb to S$NEER's upper band

But analysts are divided on whether this will lead to policy tightening or not.... read more

 SBR50 days ago
Chart of the Day: Infocomm services pushed growth of Q2 business receipts

It was fueled by higher revenues from software publishing and information service activities.... read more

 SBR50 days ago
Guangdong offers opportunities for Singapore firms to develop the Greater Bay Area

They will touch on transport, education and smart city services, amongst others.... read more

 SBR51 days ago
Are accelerators still struggling to find their place in Singapore's startup ecosystem?

muru-D's untimely exit raises concern about corporate reliance of accelerator models.... read more

 SBR51 days ago
Tourism receipts dipped 0.5% to $6.7b in Q1

The decline was led by the 16% YoY decrease to $589m in food and beverage.... read more

 SBR54 days ago
Oil prices to push inflation further in 2018: analysts

They think there's no more room for monetary tightening in October.... read more

 SBR54 days ago
July inflation steady at 0.6%

But core inflation rose 1.9%, the highest in four years.... read more

 SBR55 days ago
Singapore and Zhejiang firms forged partnerships to bolster bilateral trade

Their bilateral trade ballooned 44% to $3.5b in H1.... read more

 SBR55 days ago
Chart of the Day: Singapore posts $7.8b surplus in balance of payments in Q2

It was backed by the increase in current account surplus.... read more

 SBR55 days ago
Daily Briefing: MNd says VERS transition to roll out when SERS hits limit; Singapore seizes over $27m linked to Chinese Ponzi scheme

And a source says GIC eyes Brazilian power firm.... read more

 SBR55 days ago
Trade conflict could hit Singapore exports harder in H2: analysts

Electronics exports continued to decline by 3.8% in July.... read more

 SBR56 days ago
Trade conflict could hit Singapore exports harder in H2: analysts

Electronics exports continued to decline by 3.8% in July.... read more

 SBR56 days ago
Singapore's domestic wholesale trade jumped 10.3% in Q2

The domestic retail trade of petroleum products inched up 23.3%.... read more

 SBR57 days ago
Daily Briefing: PM Lee says government ‘cannot completely prevent' price hikes; VC fund Tin Men Capital raises US$100m

And VC firm Dymon Asia Ventures secures US$50m fintech funding.... read more

 SBR58 days ago
Chart of the day: Electronics leads Q2 fixed asset investments in manufacturing

The manufacturing sector raised $1.7b of FAI commitments.... read more

 SBR58 days ago
NODX up 11.8% in July

The growth in non-electronics offset the decline in electronics.... read more

 SBR61 days ago
Chart of the Day: Productivity inched up 3.4% in Q2

Manufacturing led the gains by 12.2%.... read more

 SBR61 days ago
SMEs must team up to survive disruption: Heng Swee Keat

Businesses must collaborate with academe, industry and government.... read more

 SBR62 days ago
Chart of the Day: NORX sees sustained recovery with 5.7% Q2 growth

The top contributors were Malaysia, the European Union, and Indonesia.... read more

 SBR62 days ago
Malaysia has yet to request return of 1MDB private jet: Singapore

The $48.27m jet is amongst assets identified for recall by the US Justice Department.... read more

 SBR63 days ago
Postponed HSR project could hurt property development in Malaysia

It could likely hit the residential and commercial property segments.... read more

 SBR63 days ago
Chart of the Day: 6 in 10 Singapore businessmen see lack of demand as top risk for firms

They also worry about qualified labour and labour costs.... read more

 SBR63 days ago
Unsustainable growth in manufacturing could hit Singapore's GDP

The boost from the manufacturing sector could ease in H2 as Chinese import demand cools down.... read more

 SBR63 days ago
Startups struggle to crack the sustainability code

Of the 460,000 firms formed in 1998-2017, only 984 were able to successfully exit.... read more

 SBR64 days ago
Singapore sees continued trade growth at 10.2% in Q2

Oil trade expanded 23.2% due to higher oil prices.... read more

 SBR65 days ago
Singapore economy slowed down as GDP growth slipped to 3.9% in Q2

The construction sector's growth fell to 4.6%.... read more

 SBR65 days ago
MOF seeks stamp duties on electronic records of fixed property transfers

This will help safeguard Singapore's revenue base, it said.... read more

 SBR71 days ago
Ghost month could continue ‘negative' market trend in 2018

The Singapore market saw a median decline of 2.1% in August the past 10 years.... read more

 SBR72 days ago
Ghost month could continue ‘negative' market trend in 2018: analyst

The Singapore market saw a median decline of 2.1% in August the past 10 years.... read more

 SBR72 days ago
Government to upgrade ASEAN development initiative through tech

The centres in Vietnam, Cambodia and Laos will be upgraded to Singapore Cooperation Centers.... read more

 SBR75 days ago
IMF to gauge resilience of Singapore's financial sector

It will delve into macroeconomic scenarios and MAS' fintech and cybersecurity measures.... read more

 SBR77 days ago
Laboratory to develop digital urban solutions rolled out

Surbana Jurong, NTU and NRF set up the SJ-NTU Corporate Lab.... read more

 SBR77 days ago
Business optimism index in services sector inches up to 9%

But the real estate industry expects business to deteriorate amidst property curbs.... read more

 SBR77 days ago
Japan's industrial production slipped 2.1% in June

General machinery led the declines in the sector.... read more

 SBR78 days ago
Chart of the Day: How much of Singapore's re-exports go to China and US?

Singapore's re-exports is exposed to trade war impacts as 20% of it go to China and US.... read more

 SBR78 days ago
Daily Briefing: Malaysian foreign minister says Malaysia-Singapore bilateral relations are "good"; Private home launches could remain healthy in Q3

And investment firm AnAn seeks legal advice amidst Russian bank's US$170.4m repayment claims.... read more

 SBR78 days ago
Chart of the Day: Here's how Singaporeans spend their income

Rising incomes afforded them to spend more money for travels abroad.... read more

 SBR79 days ago
Singapore's 50 richest people just got 11% richer in 2018

The Ng brothers alone got a boost of US$25b.... read more

 SBR83 days ago