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Singapore Q4 GDP growth at 2-year low, warning for manufacturing

SINGAPORE:¬ Singapore‘s¬ economy¬ grew at its slowest pace in more than two years in the fourth quarter, data showed on Friday, as the¬ trade¬ ministry warned¬ manufacturing¬ is likely to see a “significant moderation” this year. Weakening¬ growth¬ momentum for¬ Singapore‘s open¬ economy¬ – a high-tech¬ manufacturing¬ base and transportation hub – underscores the risks to Asia’s export economies from the protracted U.S.-Sino¬ trade¬ war. “The pace of growth in the […]

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Singapore most ready in Asia, second globally, to adopt driverless cars: KPMG

SINGAPORE is second in the world and first in Asia in its readiness to adopt autonomous vehicles on the strength of its government, infrastructure and consumer acceptance, according to a report by KPMG International. The Netherlands topped the consulting firm’s Autonomous Vehicles Readiness Index, which ranked 25 countries on¬ four criteria: policy and legislation, technology and […]

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