Economy
Number of Singapore's ultra-rich jumped 11.5% to 122 in 2017
Number of Singapore's ultra-rich jumped 11.5% to 122 in 2017
Their wealth was driven by GDP growth, home price recovery, and national savings.
Japan's trade deficit reached US$5.23b in May
There was a 20.7% YoY import increase in the energy sector.
Singapore NODX surged 15.5% in May
Non-electronics jumped 26.2% and offset the 7.8% decline in electronics.
Volatile pharma and food could dent NODX growth in May
Moody’s forecasts it could fall to 5.5%.
Daily Briefing: Temasek leads $60m funding round for US cybersecurity startup; SembCorp stock plunges to near 11-month low
And market watches question $15m Singapore shouldered for the Trump-Kim summit.
Over 4 in 5 economists worry trade frictions could heat up
But their forecasts for Singapore GDP remained at 3.2%.
Enterprise Singapore opens Kenya office
It will assist Singapore firms’ businesses in sectors like fintech, e-commerce, and logistics.
Job vacancies outnumbered the unemployed in March
The unemployed ratio improved from 0.92 in December 2017 to 1.04 in March 2018.
Singapore and Kenya ink deal to cut taxes and boost investments
Kenya's bilateral trade in goods reached $85.4m in 2017.
South Korea's 1.50% inflation rate falls short of target
Sluggish employment is experienced in the country.
Business Angel Network of Southeast Asia appoints James Tan as chairman
He is also the managing partner of Quest Ventures.
Hiring intentions in Singapore hit a three-year high
Find out which sectors will most likely ramp up their hiring.
China next to US as largest foreign investment hub in 2017
Hongkong, Brazil, and Singapore came next with US$104b, US$63b, and US$62b worth of FDI, respectively.
Singapore's cost of living may not be the highest in the world: report
The city may not be the costliest after all, if tax-adjusted values are taken into account.
Philippine inflation hits 5-year highs at 4.6% in May
The passage of the Tax Reform for Accelaration and Inclusion (TRAIN) law caused price surges in some commodities.
Abe's party election to spur market speculations in Japan
Trade frictions with US may also pose yen appreciation.
AmCham backs Trump-Kim summit
It said it will back US engagement in Asia’s free trade.
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