EconomyLoop
where regional business news becomes global to everyone

Top 1000 firms profit soars 10.5% to $182.8b

Finance firms were the most profitable.... read more

 SBR48 days ago

     
Profits down 17.1% to $2.9b for Top 1000 SMEs

Slow GDP growth and weak global trade are among the challenges that plague SMEs.... read more

 SBR48 days ago
Singapore inks Trans-Pacific Partnership deal

It will allow businesses to trade with other member countries sans tariffs and non-tariffs barriers.... read more

 SBR48 days ago
Who wants to be a half-billionaire: 20 more Singaporeans joined the club last year

The number of half-billionaires in Singapore jumped 25% to 100 in 2017.... read more

 SBR49 days ago
Ng brothers are Singapore's richest in 2018

Their net worth of US$10.8b got them 140th place in the world rankings.... read more

 SBR49 days ago
One in 25 of Asia's ultra-wealthy call Singapore home

There are 1,400 individuals in Singapore with a net worth of over US$50m.... read more

 SBR50 days ago
No country for old men: Singapore and HK budget differences indicate policy divergence

The recent budgets delivered in Singapore and Hong Kong show differing paths to deal with an ageing society.... read more

 SBR50 days ago
Government eyes cutting late payment rate below 5%

They hope to achieve at least 95% of timely payment to businesses.... read more

 SBR50 days ago
Businesses remain bullish about their performance in Q2

They expect net profit to jump 12.5 percentage points from Q1.... read more

 SBR52 days ago
Singapore-EU to push ratification of free trade deal this year

When passed, it will allow consumers and producers greatly reach each other's markets sans custom duties on all qualifying goods.... read more

 SBR52 days ago
Chart of the Day: Infocomm services sales grew 13.6% in Q4 2017

It led the growth in the services sector.... read more

 SBR52 days ago
Wealthy Singaporeans can shake off GST hike burden: BMI

Analysts say 95% of households will have incomes around US$25,000 which could prepare them to absorb price hikes.... read more

 SBR52 days ago
Singapore PMI down 0.4 point to 52.7 in February

The reading was pulled down by the weaker electronics manufacturing sector.... read more

 SBR52 days ago
Chart of the Day: Infocomm services sales grew 13.6% in Q4 2017

It led the growth in the services sector.... read more

 SBR52 days ago
GST hike not an option we have taken lightly: Heng Swee Keat

He added that they are only being honest and upfront by announcing the increase early.... read more

 SBR55 days ago
Daily Briefing: GIC partners with SoftBank and Sequioa Capital to invest $535m in restaurant startup; Industry head forecasts weak semiconductor growth

And here is Microsoft's latest data centre deal in Singapore.... read more

 SBR55 days ago
Proposed GST hikes do not worry SMEs: survey

SMEs think it will only have 'moderate' to 'no impact' on their business.... read more

 SBR56 days ago
Services business receipts up by 8.6% in Q4

Information & communication services registered the highest growth with 13.6%.... read more

 SBR57 days ago
Chart of the Day: Business investments grew 2.2% after 15-month decline

They caught up to private consumption expenses, which rose 5.5%.... read more

 SBR57 days ago
Daily Briefing: PM Lee to reshuffle cabinet; Singapore bars communication in terror attack areas

And here's why Singapore unicorn Sea Ltd shares plunged 20% since its overseas listing.... read more

 SBR57 days ago
Services sectors' sales up 8.6% in Q4 2017

The information & communications services industry grew 13.6% and led the sector's growth.... read more

 SBR57 days ago
Daily Briefing: New Silkroutes buy two Shanghai firms for $49.3m; Singapore's fiscal policy can teach US

And here's 10 things you need to know about Sheng Siong results.... read more

 SBR58 days ago
Chart of the Day: Corporate profits hit seven-year high

Profits rose 6.9% and contributed to higher corporate income tax revenue.... read more

 SBR58 days ago
Accommodation prices were 5.3% cheaper in January

Service & Conservancy Charges (S&CC) rebates were given to HDB households in January 2018.... read more

 SBR62 days ago
How Singapore companies can grow globally in a post-globalisation world

Singapore's 2018 Budget includes a new Enterprise Development Grant (EDG) designed to help firms internationalise.... read more

 SBR62 days ago
Singapore is the 6th least corrupt country in the world

New Zealand topped the list with 89 points, five points higher than Singapore.... read more

 SBR62 days ago
Singapore is the 6th least corrupt country in the world

New Zealand topped the list with 89 points, five points higher than Singapore. Transparency International's (TI) Corruptions... read more

 SBR62 days ago
Nearly $5m of statutory bonds to expire in 2021

Outstanding bonds currently on the market total about $26.7b.... read more

 SBR63 days ago
Daily Briefing: Buyer's stamp duty hike slashes property stocks; Singapore and Saudi funds mull French hotel group purchase

And here are three Budget announcements important to investors.... read more

 SBR63 days ago
Chart of the Day: Budget balance rose over 2 years

Thanks to contributions from the Statutory Board and stamp duties.... read more

 SBR64 days ago
Foreign wholesale trade expands by 8.1% in Q4

Petroleum sales pushed the growth.... read more

 SBR64 days ago
Chart of the Day: Budget balance rose in 2 years

Thanks to contributions from the Statutory Board and stamp duties.... read more

 SBR64 days ago
Daily Briefing: Singapore's home tax hike is not a market cooling measure, says minister; Oracle boots second Singapore hub

And here are two REITs with exciting results this quarter.... read more

 SBR64 days ago
Netflix and bill: the GST on digital services to hit consumers

Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.... read more

 SBR65 days ago
Thailand's GDP expands by 3.9% in 2017

It is an improvement from 3.3% in 2016.... read more

 SBR65 days ago
Everything you need to know about the Big 4's reactions to Budget 2018

Find out what EY, Deloitte, KPMG and PWC have to say about the Budget.... read more

 SBR65 days ago
Daily Briefing: Frasers Centrepoint Trust beats some REITs in Q4; MindChamps invests US$200m into Chinese expansion

And here are three firms giving out dividends this week.... read more

 SBR65 days ago
Chart of the Day: GDP growth slumps to 3.6% in Q4

No thanks to a lacklustre +4.2% growth in exports.... read more

 SBR65 days ago
Singapore Budget 2018 Live: What you need to know

Budget 2018 is being announced, get live updates here.... read more

 SBR66 days ago
Singapore Budget 2018: What you need to know

Stay tuned for live updates.... read more

 SBR66 days ago
Singapore surplus forecast at $3.1b for 2018: RHB

This is an imporovement from 2017 which is forecast to record a $1.9b surplus, but down on 2016 which recorded a $5.2b surplus.... read more

 SBR66 days ago
Singapore government must cut costs in budget 2018

With 2017 expenditure forecast to be 1% over budget, now is the time to reduce spending, says UOB.... read more

 SBR66 days ago
Chart of the day: See how tax rates have changed since 1986

The CIT has been falling whilst the GST has been rising.... read more

 SBR66 days ago
Singapore might need to cut costs in 2018

The government's expenses could have reached $75.9b, which is 1% over what was expected.... read more

 SBR66 days ago
Oil domestic exports surge by 15.4% in January

Higher sales to Malaysia, Australia, and Indonesia drive the growth.... read more

 SBR69 days ago
Chart of the Day: See how government revenue grew in five years

Revenue is expected to have grown to $71.6b in 2017.... read more

 SBR69 days ago
Total trade jumps 7.1% in January

It is supported by growth in total exports and imports.... read more

 SBR69 days ago
Japan's inflation rate to inch up 1% in January

Higher fuel costs are likely to drive inflation up.... read more

 SBR69 days ago
Chart of the Day: Government revenue to grow 6.3% in five years

Revenue is expected to have grown to $71.6b in 2017.... read more

 SBR69 days ago
NODX grows by 13% in January

Increase in export of non-electronic products pushed the growth.... read more

 SBR69 days ago