Economy

Southeast Asia geared to produce 10 more unicorns by 2024: report

The region’s maturing bench of startups is an important catalyst for investment activity.

Malaysia's economic growth moderates to 4.4% in Q3

Stock drawdown has decreased 1.4% in the GDP growth.

Japan Q3 GDP growth plunges to three-year low at 1.2%

The decline is driven by a slowdown in external and domestic demands.

Only 2 in 5 Singapore executives confident revenue will grow in 2019: study

Three in 10 business leaders also struggle to find the right talent for their companies.

Chart of the Day: EU is largest contributor to NODX growth in October

Its expansion was fueled by the growth in pharmaceuticals, ICs, and non-electric engines & motors bound to EU.

Singapore boosts US ties on infrastructure, digital economy and cybersecurity

They will explore cooperation on standards development and technology partnerships.

Singapore geared to produce next unicorn: study

6 in 10 CEOs think that Singapore has macroeconomic strength as well as a talent pool.

NODX climbed 8.3% in October

It was driven by the 12.8% growth in the non-electronic segment.

9 in 10 Singapore family businesses positive on growth

But only 8% have a formalised succession plan for their next generations.

Malaysian industrial production growth slowed to 2.4% in Q3

It has been driven by the continuing decrease in the mining sector and crude palm oil.

Tourism receipts slipped 1.7% to $6.6b in Q2

The decline was led by the 22% YoY decrease to $1.26m in shopping.

SME arrears rise in Q3 as trade war deepens: study

Delayed payments were most evident in the commerce-wholesale and transport/storage sectors.

Malaysia's oil overdependence threatens attempts to shed debt

Analysts see downside risks to the oil price rally even in 2019.

APAC's e-commerce growth to hit 14.2% in 2019: Fitch Solutions

Australia, South Korea, Taiwan and Japan led the pack thanks to their stable political and economic outlook and high disposable incomes.