Business News

Thailand: Real estate industry possibly to grow 5-10% this year

'Thailand real estate market could grow 5-10% this year'

Deputy Finance Minister Visut Srisuphan says 2016 will be a challenging year for real estate sector.

May 31, 2016

By Samhati Bhattacharjya

Hong Kong No.1 in competitiveness replacing US, Singapore one step down to 4th

There was a major shuffle in European ranking while Asia generally saw major economies declining except India and Thailand.

May 31, 2016

By Boby Michael

Asian currencies drop on Yellen comments

Asian currencies decline on Yellen impact with Korean won the worst performer

Won slipped 0.8% followed by the Taiwan dollar, Indian rupee and the Malaysian ringgit and the Philippine peso which dropped 0.6% to 0.4%.

May 30, 2016

By Boby Michael

Singapore dollar falls in overseas trading on fresh US signals, more losses likely

The Singdollar is expected drop further along with the rest of Asian currencies on Monday as the greenback has rallied to a 70-day high against the euro.

May 28, 2016

By Boby Michael

Chinese yuan at 3-month low on US rate hike speculation, charts suggest 5-year low soon

Charts suggest that the pair is now likely to break the January high of 6.60 making a new 5-year low for the yuan.

May 27, 2016

By Boby Michael

Retail firm Metro says Q4 net profit plunges 85%, shares drop

The full-year net profit fell 20.4% to S$113.3mn from previous year's S$142.4mn.

May 26, 2016

By Boby Michael

Singapore dollar hovers near 2-month low as data shows GDP growth rate stabilises below 2%

The government has maintained its 2016 GDP forecast range at 1-3%.

May 25, 2016

By Boby Michael

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore economy expands 1.8 percent in first quarter; outlook grim

Singapore's GDP forecast to expand 1.0 to 3.0 percent in 2016.

May 25, 2016

By Samhati Bhattacharjya

Singapore orders closure of Swiss bank BSI linked to 1MDB

MAS asks state prosecutors to investigate six senior executives of BSI Bank.

May 24, 2016

By Samhati Bhattacharjya

Singapore's e-commerce market to increase S$7.46 billion by 2025

Singapore e-commerce market to expand to $7.46 bln by 2025 - Temasek report

Singapore is the most active country in the region in terms of venture capital and startup enterprises.

May 24, 2016

By Samhati Bhattacharjya

An activist demanding jobs in a demostration in Taipei

Recession-hit Taiwan sees jobless rate rising to 2-year high in April

The seasonally adjusted unemployment rate came at 3.97% in April, its highest since June 2014 and up from 3.92% in March.

May 23, 2016

By Boby Michael

Singapore headline deflation eases and core inflation ticks up, helping SGD strengthen

MAS says it expects the core inflation to continue to accelerate and disinflationary effects of recent policy actions to ease going forward.

May 23, 2016

By Boby Michael

Singapore: Consumer price and GDP data crucial for next week

The April consumer price data is due on 23 May and the final Q1 GDP data will be out on 25th.

May 21, 2016

By Boby Michael

Asian currencies fall on Fed rate hike speculation with ringgit the worst performer

The Philippine Peso has, however, been the sole gainer.

May 21, 2016

By Boby Michael

PM Lee: Russia offers investment opportunities in the long term

Lee makes first trip to Russia in 40 years to attend the ASEAN-Russia Commemorative Summit in Sochi.

May 21, 2016

By Jacob J

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