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Economy

Singapore exports rise unexpectedly in February as China decline moderates

The decline in exports to China was much less than the 25.2 percent fall in January. Mar 17, 2016

The world faces acute water shortage, gap seen at 40% by 2030

Experts' recommendations include a wider range of financial and insurance instruments to hedge short term risks. Mar 17, 2016

Asian stocks and currencies rally as Fed keeps rates steady, Singapore dollar and Thai baht at 8-month highs

It was in line with expectations that the Fed leaving rates on hold but the market players got an extra pinch of dovish tone in the Chair's statement. Mar 17, 2016

Singapore to see deflation and slower growth rate than prior forecasts in 2016: MAS survey

Median of estimate in the MAS survey of 24 private economists showed the GDP growth rate to drop to 1.9% for 2016 from 2.2% predicted in the previous poll. Mar 16, 2016

Singapore employment numbers reveal bleak outlook for job seekers

The ministry also said total employment growth grew by 0.9 percent last year, which was the lowest growth since 2003 Mar 15, 2016

China and Singapore extend currency swap agreement for three more years

As per the arrangement, up to 300bn in Chinese Yuan liquidity will be available to eligible financial institutions operating in Singapore. Mar 15, 2016

'Singapore faces challenging economic outlook, growth will not hit 3.3% until 2018'

Indonesia, the Philippines and Vietnam are less exposed to manufacturing sectors where China has excess capacity. Mar 15, 2016

Singapore's labor market bleeds: Redundancy at 7-year high, employment growth plunges

A total of 15,580 workers were laid off in 2015, up from 12,930 the year before while local employment addition fell to 700 from 96,000 in 2014. Mar 15, 2016

China's Anbang to acquire US hotel group for $6.5 billion - Report

Strategic Hotels was taken private three months back by current owner Blackstone private equity group for around $6 billion. Mar 13, 2016

Malaysia orders halt to hiring new foreign workers

Malaysia has 2.1 million registered migrant workers as per official records. Mar 12, 2016

World's thinnest camera lens is here, invented by Australian scientists

The new lens is made of molybdenum disulphide, a flexible glass material with electronic characteristics. Mar 11, 2016

Asian currencies rally after surprise ECB easing, Thai baht at 5-month high

The ECB cut the policy lending rate from 0.05% to zero and lowered the deposit rate from -0.3% to -0.4% on Thursday. Mar 11, 2016

China's consumer price inflation at 1 ½ year high on food price rise, PPI deflation eases

However, experts call it temporary and unlikely to call for any policy response. Mar 10, 2016

Bad weather and conflicts leave 34 countries starving – United Nations

The four regions most in need of humanitarian support are East Africa, Southern Africa, the Pacific Islands and Central America. Mar 10, 2016

Singapore to tighten maid service agencies with new grading and rating system

The employer rating system will be implemented by June this year. The Trustmark scheme will be rolled out by December next year. Mar 9, 2016
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