Economy

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

By Staff Reporter

Singapore: Open electricity market for households, businesses in Jurong

As per reports from the Energy Market Authority (EMA) in a media release to Channel NewsAsia on Friday, October 20, the Open Electricity Market is set to provide consumers with different choices thus making the course flexible.

Oct 20, 2017

By Sanchalita Mullick

SGX cuts ribbon of its new Chicago office

Singapore Exchange (SGX) has opened its SGX America office in Chicago to better serve investors in the North American Region.

Oct 18, 2017

By Peter Del Rosario

Weak global inflation trends affect Singapore expectations

According to Singapore Management University, Singaporeans inflation expectation has moderated in the month of September as global markets face persistently low inflation despite accommodative monetary policies and significant policy uncertainty such as increasing protectionism.

Oct 17, 2017

By Kiersnerr Gerwin Tacadena

Hong Kong trumps Shanghai, Singapore as most costly city for luxury living

According to the latest Julius Baer wealth report, Hong Kong displaces Shanghai and Singapore as the most expensive cities for high net worth individuals in Asia.

Oct 17, 2017

By Kiersnerr Gerwin Tacadena

Singapore economy expands by 4.6% in Quarter 3

Advanced economic estimates from the Singapore's Ministry of Trade and Industry (MTI) showed that the city-state's gross domestic product (GDP) expanded by 4.6% in the third quarter of 2017.

Oct 16, 2017

By Kiersnerr Gerwin Tacadena

Singapore central bank keeps rates on hold; sees "firm" growth in 2018

The Monetary Authority of Singapore (MAS) kept the monetary policy unchanged on Friday, but left room to tighten in future because of stronger economic growth.

Oct 13, 2017

By Aastha Agnihotri

Singapore monetary policy on Oct 13: Here's what to expect

Private sector economists expect Singapore's growth to quicken to 3.1 percent in the three months to September, according to an analyst poll.

Oct 12, 2017

By Aastha Agnihotri

Did Trump challenge Tillerson to IQ test? Find out here

U.S. President Donald Trump has challenged his secretary of state to "compare IQ tests", if Rex Tillerson did call the president a "moron" as alleged.

Oct 11, 2017

By Aastha Agnihotri

US President Donald Trump and PM Lee Hsien Loong

All you need to know about PM Lee's visit to White House on Oct 23

Singapore Prime Minister Lee Hsien Loong will meet U.S. President Donald Trump at the White House on October 23.

Oct 11, 2017

By Aastha Agnihotri

Singapore central bank to spearhead harnessing of blockchain tech for interbank payments

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are commencing the second phase of Project Ubin as they explore the use of blockchain tech in interbank payments.

Oct 6, 2017

By Kiersnerr Gerwin Tacadena

Singapore assets under management growth declines year-on-year

Singapore to unveil Q3 advance GDP estimates, policy decision on Oct 13

The government will release Singapore's third-quarter advance growth estimates and monetary policy decision on October 13 at 8am local time.

Oct 6, 2017

By Aastha Agnihotri

PM Lee to attend lunch hosted by Japan's Emperor Akihito, plans to meet PM Abe

Deal signed to improve Singapore-Japan tech, economic partnership

The Action Community for Entrepreneurship (ACE) and the Fukuoka City Government have signed a partnership in the efforts to improve the startup ecosystem in Singapore and Japan.

Oct 2, 2017

By Kiersnerr Gerwin Tacadena

Singapore launches shuttle bus service between Changi Airport, Tanah Merah Ferry Terminal

Private road transport costs drag Singapore inflation to 0.4 percent

Singapore's consumer price index (CPI) moderated in August due to lower inflation was seen in private road transport and food segments.

Sep 26, 2017

By Peter Del Rosario

Electronics industry transformation to produce 2,100 new jobs for Singaporeans

The Singapore government unveiled the electronics industry transformation map (ITM) that outlines its strategies and plans for the sector, including the creation of 2,100 new jobs and achieving a value-add of $22.2 billion by 2020.

Sep 20, 2017

By Peter Del Rosario