Category: Economy

vietnam, tracks in water for transportation

Vietnam and China Strengthen Ties with New Agreements Signed

Vietnam and China sign 10 agreements, including railway links, payments, and economic cooperation, amidst ongoing South China Sea tensions.

Singaporeans must brace for new ‘cold war’ impact

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Going forward, we are now in yet another phase of development where the world is mired with geopolitical rivalry and contest after 30 years of globalisation – Wong

ASEAN+3 Economies Set for Solid Growth Amid Uncertainties

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ASEAN+3 economies face uncertainty due to market volatility, geopolitical tensions, US-China trade frictions, and weakening global demand indicators.

Economy

Generation Alpha Leads the Way in Family Travel Planning Across Asia Pacific

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The growing influence of Generation Alpha on family travel signals a transformative shift in the travel industry – one that Hilton is excited to embrac

Food and Beverages

MPOC calls on the EU to delay EUDR in support for small farmers

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EUDR compliance is estimated to cost the palm oil sector $650 million annually, with $260 million burdening small farmers.

Economy

Singapore: Asia’s Urgent Need to Decouple Growth from Emissions Amid Geopolitical Tensions

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On September 12, 2024, Singapore hosted the seventh edition of the Unlocking Capital for Sustainability summit. The event, themed “Transforming

Singapore Business

Singapore tax revenue up 17% to S$80.3 billion in FY23/24

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The total tax revenue accounted for 77.6% of the government’s operating revenue and 11.9% of Singapore’s GDP. Additionally, the tax authority disbursed nearly S$2.3 billion in payouts

Singapore Business

Loans to female entrepreneurs up 30% post-SME programme: OCBC

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Number of loans to female entrepreneurs rises over 30% after launch of SME programme in April: OCBC – make this shorter in 9 words

Economy

Singapore economy grew by 3% year-on-year

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Singapore’s economy grew 3% in H1 2024, with Q2 slowing slightly. Manufacturing contracted, but external demand remains resilient amid global risks

Economy

JPMorgan’s Jamie Dimon: Do not overreact too much about market fluctuations

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Jamie Dimon downplays market volatility and potential Fed rate cuts, suggesting their impact is overstated and primarily psychological