EconomyLoop
where regional business news becomes global to everyone

Singapore ‘working hard' with China for early conclusion of RCEP

The city-state is also pumping up efforts to diversify its portfolio through other free trade agreements with countries.... read more

 SBR39 days ago

     
Singapore firms should explore beyond China's established cities: trade minister

Chan hopes to deepen SingCham and ESG's network to create opportunities in different parts of China.... read more

 SBR39 days ago
Almost half of Singapore firms say China is their sales destination

2 in 5 think that China's growing consumer wealth could unveil opportunities.... read more

 SBR40 days ago
Indonesia GDP growth dips to 5.17% in Q3

This has been driven by slower household consumption during the period.... read more

 SBR40 days ago
ASEAN manufacturing sector PMI falls to 49.8

The index reading was the lowest recorded in 15 months.... read more

 SBR40 days ago
MAS seals $13.76b financial deal with Bank of Indonesia

It will make a local currency bilateral swap agreement where both central banks can exchange up to $9.5b.... read more

 SBR41 days ago
9 in 10 ASEAN corporates have the most bullish trade outlook in the world: report

This outlook by ASEAN firms is higher than the global average of 77%.... read more

 SBR41 days ago
Singapore assessing 2019 forecasts amidst escalating trade spat: Finance minister

Singapore has already witnessed a slash in business investments amidst the looming trade wars.... read more

 SBR41 days ago
New Zealand is the easiest place to do business

It holds the shortest time to start a business at 0.5 days.... read more

 SBR41 days ago
Singapore and Chongqing form fintech alliance

Chongqing and Singapore will work together to apply FinTech solutions to make STC hassle free, safe and cost efficient for stakeholders.... read more

 SBR41 days ago
Qualifying cross-border financing deals with Chongqing hit $5.78b in August

Bond issuance by Chinese issuers in Singapore almost doubled in 2017 to reach $18b.... read more

 SBR44 days ago
New Zealand beats Singapore in ease of doing business rankings

Singapore can improve by making property registration and electricity application easier.... read more

 SBR44 days ago
Service and manufacturing outlooks worsen for Q4 amidst global trade tensions

Real estate services and the machinery & systems manufacturing segment will bear the brunt, according to government agencies.... read more

 SBR45 days ago
Singapore and London dubbed model cities for fintech activity

Singapore is home to two in five, or 39%, of ASEAN fintechs according to UOB.... read more

 SBR46 days ago
Singapore is Asia's most sustainable city: study

It ranked first in the profit pillar which looks into the business environment and economic performance of cities.... read more

 SBR46 days ago
Singapore is Asia's most sustainable city: study

It ranked first in the profit pillar which looks into the business environment and economic performance of cities. Singapore... read more

 SBR46 days ago
Tariff war footprint tramples beyond Singapore's manufacturing

Banking is another vulnerable target.... read more

 SBR46 days ago
Nearly one in five of the world's billionaires are crazy rich Chinese entrepreneurs

A new cohort of Chinese entrepreneurs in Shenzhen will challenge US's Silicon Valley tech hub China's 373 billionaire... read more

 SBR46 days ago
APAC leads total global venture capital investments in Q3

Grab accounted for the largest deal in the region with a $2b raise.... read more

 SBR48 days ago
Retrenchments fall in Q3 as employment growth doubles

However, unemployment rates inched up slightly from 2% to 2.1%.... read more

 SBR50 days ago
Singapore manufacturing shrank 0.2% in September

All clusters contracted except for transport engineering and precision engineering clusters.... read more

 SBR51 days ago
Daily Briefing: DPM Tharman urges Singapore to keep social mobility; Grab app glitch made all rides $6 regardless of destination

And Gilstead Mansion's en bloc sale relaunch puts price lower by $3m.... read more

 SBR51 days ago
Assets under management in Singapore climbed 19.3% to $3.3t in 2017

78% of AUM was sourced from outside in Singapore in 2017.... read more

 SBR50 days ago
2018 GDP still likely to hit 3.2%: economists

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

 SBR100 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

 SBR102 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

 SBR103 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

 SBR103 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

 SBR104 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

 SBR108 days ago
China's infrastructure investment growth contracted 1.8% in July

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

 SBR108 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

 SBR108 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

 SBR108 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

 SBR109 days ago
Korean firms cut hiring amidst higher wages

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

 SBR109 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

 SBR109 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

 SBR110 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

 SBR110 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

 SBR111 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

 SBR111 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

 SBR113 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

 SBR114 days ago
July inflation steady at 0.6%

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

 SBR115 days ago
Singapore and Zhejiang firms forged partnerships to bolster bilateral trade

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

 SBR115 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

 SBR115 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

 SBR115 days ago
Trade conflict could hit Singapore exports harder in H2: analysts

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

 SBR116 days ago
Trade conflict could hit Singapore exports harder in H2: analysts

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

 SBR116 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

 SBR117 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

 SBR118 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

 SBR118 days ago