Economy
Daily Briefing: EDBI joins biotech firm's $500m funding round; Bitcoin plunges below US$9,000
Daily Briefing: EDBI joins biotech firm's $500m funding round; Bitcoin plunges below US$9,000
And here's how startups can choose the tools to finance their companies.
PMI hits seven-year high at 53.1 in January
Thanks to the faster expansion of factory output and new orders.
This weak spot kept Singapore from being the world's freest economy
It came behind Hong Kong and topped major categories except for one.
Asia-Pacific countries score “moderately free” in the 2018 economic freedom index
Hong Kong, Singapore, Australia and New Zealand were amongst the world’s free economies.
Singapore's fixed asset investments hit $9.4b in 2017
The investments are expected to create 22,500 jobs.
Malaysia GDP growth to fall 5% in 2018
This is due to low investments.
Budget 2018 to help firms transform: MND Minister Lawrence Wong
He said the government wants to facilitate corporate-level innovation.
Philippines GDP growth to inch down 6.5% in 2018
But rising domestic consumption and infrastructure projects may still boost its growth.
Thailand's GDP growth to rise 3.9% in 2018
It will be boosted by the rising external demand in the global tech cycle.
Japan's silver population boom threatens economy
Japanese population aged 65 and older will rise to 30% by 2030.
Macau's GDP growth to drop 5% in 2018
This is due to a slow down in gaming revenue growth.
Singapore's total household spending to grow 6.5% annually until 2022
This will be boosted by recreation and culture spending.
Taiwan's GDP rose 3.28% in 4Q2017
This was boosted by an increase in communication, clothing and footwear, and financial services consumption.
1 in 10 services firms brace for slower business in 1H18
Only 3% of firms expect a better business situation, a dip from 9% last quarter.
ASEAN e-commerce forecasted to grow 32% to almost US$90b by 2025
But it may cause disruptions in ASEAN economy.
Nearly two in five precision engineering firms bullish for H1
Whilst only 13% of the whole manufacturing industry is positive about business.
Singapore most needed by China for its Belt and Road Initiative
More than 6,500 Chinese companies have established their presence in the city.
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