Economy

IE Singapore and JETRO keen on setting up third country collaboration in India

Global investors’ shift of interest to Asian developing nations and India’s position to become the third largest economy by 2050 prompted the team-up...

IE Singapore and JETRO keen on setting up third country collaboration in India

Global investors’ shift of interest to Asian developing nations and India’s position to become the third largest economy by 2050 prompted the team-up...

Singapore's October exports up 20%

Singapore’s total exports grew in October by 20 per cent y-o-y from 18 per cent in September. It also grew by 3.2 per cent m-o-m from -4.2 per cent...

PM Lee tells Singaporeans to keep their expectations low

The PM said it is more realistic to expect a 3-5% growth in the medium term for 2011 as Singapore is unlikely to achieve a repeat of the double-digit...

The Land of the Rising Sun outshines The Lion City as Asia's top country brand

Singapore might be trailing behind Japan in terms of technology, workforce competitiveness and quality of education, but the city state remains the...

Economy still “on track” to meet GDP forecast despite modest growth prediction for 4Q

DBS Bank predicts a 5% growth for the economy this quarter but says Singapore is still poised to meet its full year GDP growth forecast of 15% due to...

DBS not alarmed by GDP plunge for 3Q10

 The bank said the 18%QoQ saar (10.8% YoY) GDP dip for the quarter is an upward revision from the advance estimates (-19.8% QoQ saar, 10.3% YoY)...

Rated Asian corporates cash rich with about US$230B- Moody's

The ratings agency said that rated non-financial corporates ave been building their positions for expansion, acquisitions and liquidity despite...

Moody's upgrades China's ratings to Aa3; maintains positive outlook

The action raises the government's foreign and local currency bond ratings to Aa3 from A1, China's country ceilings for foreign and local currency...

74% of Singaporeans happy with their current jobs, but would be happier if their paychecks are raised

Over three-quarters of employees in Singapore are content with their present employers-- with under two-fifths planning a job switch over the next 12...

The little nation that could: Singapore leaves big countries biting its dust

Singapore tops the World Bank’s list of countries with the most business-friendly regulations for the record fifth time as companies remain satisfied...

Sluggish activity in key industries dragging down Singapore economy's growth

The economy might have grown 15.5% yoy for the first three quarters of this year, but Q3 also marked the first qoq saar contraction since Q4 2009 at...

Salaries in Vietnam to rise higher than Singapore's in 2011

While Singapore employees can expect a salary increase by 4% next year, a predicted 2.4% inflation rate will pull down the actual wage increase to...

The shopping spree continues: Only 1 in 10 Singaporeans feel the recession

Unwavering confidence in the economy prompts 51% of Singapore consumers to splurge on new clothes, gadgets and travel in the here and now as compared...

Sought after service: Service sector spurs Singapore economy growth

Despite an unemployment rate of 2.1% in 3Q10, the services sector was able to generate a total of 24,100 new jobs as compared to a loss of about 400...

Quarter-life crisis: 78% of Singapore yuppies feel stressed and unsatisfied about work

Fear of losing jobs, not saving enough money for the future and economic uncertainty are making young Singaporeans worry about suffering from...

Emerging markets deluged with capital as economies recover

A report from Moody’s Investors Service lists currency appreciation and the massive capital inflows for emerging markets as consequences of their...

Working overtime: Singapore may raise retirement age to 68

Singaporeans might have to put their retirement plans on hold as Minister Lim Boon Heng suggested that Singapore may need to raise its retirement age...