SINGAPORE – Analysts are pencilling in higher full-year exports for Singapore after a better-than-expected first quarter showing, and are tipping the official forecast of 0 per cent to 2 per cent growth to be lifted at a review in May. Non-oil domestic exports (Nodx) surged 12. 1 per cent year on year in March, mainly due to […]
Read MoreThe leak of Prime Minister’s voice message on Tuesday 5pm, caused mass panic as hordes of people stormed (peacefully) supermarkets, grocery stores, mini marts and wet markets, rushing to buy food and other essentials and surprisingly, non-essential stuff too. This gives rise to speculations that the leak could have been perpetrated by people with sinister […]
Read MoreMALAYSIA registered a deflation in 2020, the first time it saw a decline in general prices in 51 years. Deflation is a general decline in prices for goods and services, which should give more purchasing power to consumers. However, Malaysians continue to feel the pinch of a higher cost of living. This is because, last […]
Read MoreA forum, held online on April 15, was an opportunity for local Vietnamese businesses to connect trade activities with their partners from Singapore. Singapore businesses are very interested in the Vietnamese market, Douglas Foo, Chairman of the Singapore Manufacturing Federation and Chairman of the Vietnam-Singapore Business Council affirmed at a forum to promote investment in […]
Read MoreThe Bank of Thailand has responded to the US decision to keep the country on a currency manipulation watchlist by asserting that it has stepped into the market only to curb volatility in the baht. The central bank is committed to exchange-rate flexibility, with “interventions limited only to curbing excessive volatility and rapid movements of […]
Read MoreMANILA, Philippines — Capturing the digital economy into the country’s tax system will not be a walk in the park as several barriers have yet to be addressed. In a recent study, state-run think tank Philippine Institute for Development Studies (PIDS) said the “complex and multifaceted” nature of the digital economy creates tax issues and […]
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