Singapore’s economic growth slowest in decade World

Singapore’s economic growth slowest in decade

Singapore's economy expanded by its slowest rate in a decade in the second quarter of this year, raising fear of a recession and monetary policy easing in October, according to a Reuters article.
Singapore’s economic growth likely to be weaker this year World

Singapore’s economic growth likely to be weaker this year

The Singapore economy is likely to end the year weaker than earlier expected in the context that the ongoing tension between the US and China has stalled three of the world’s growth engines — trade, manufacturing and investments, warned Monetary Authority of Singapore (MAS) Managing Director Ravi Menon on June 27.
Vietnam proactive in multilateral mechanisms Politics

Vietnam proactive in multilateral mechanisms

Prime Minister Nguyen Xuan Phuc’s attendance at the G20 Summit in Japan on June 28 - 29 aims to affirm the Party’s foreign policy of proactively participating in multilateral mechanisms.
More supply chains to shift to Vietnam, ASEAN Business

More supply chains to shift to Vietnam, ASEAN

Southeast Asia, especially Vietnam, can expect to see more supply chains coming its way if it improves production technology and capacity, as well as regional cooperation, HSBC officials have said.
Aquatic businesses feel windfall from CPTPP Business

Aquatic businesses feel windfall from CPTPP

Aquatic businesses have begun to feel the windfall from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force in Vietnam from January 14, 2019.
Firms need to be proactive in CPTPP: official Business

Firms need to be proactive in CPTPP: official

The proactiveness of businesses in the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is essential to determine their success or failure, Deputy Minister of Industry and Trade Tran Quoc Khanh said.
ASEAN+3 economy to remain stable in long run despite risks World

ASEAN+3 economy to remain stable in long run despite risks

The economic growth of the ASEAN+3 region, including 10 member Southeast Asian nations and the Republic of Korea, Japan and China, is expected to remain resilient in the long run despites escalating global trade tensions and external headwinds, according to the latest report released by the ASEAN+3 Macroeconomic Research Office (AMRO) on May 1.