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October, 24, 2016

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Business > Asia > Singapore
Singapore's economy expanded moderately last year, amid concerns of a global slowdown and weak manufacturing data, official figures showed Wednesday.
Major global technology companies are expanding their operations here and creating opportunities for Singaporeans, Prime Minister Lee Hsien Loong said on Feb 20.
Organizers of the Singapore Airshow said US$12.3 billion in airplane deals were signed at the event this week, a sharp drop from the last show in 2014.
China's slowdown really hit home last month, with Singapore's shipments to the country taking the biggest hammering in seven years.
For many companies, the Singapore Exchange's (SGX's) planned review of the quarterly reporting regime for corporate financial results cannot come soon enough.
Singapore retail chains look to Muslim market
Amid the rows of blue jeans lining the walls of apparel chain Uniqlo are headscarves, baju kurung and kebaya -- part of the Japanese retailer's new section in Singapore that caters mainly to Muslim shoppers.
Steps taken to ease congestion on Wenhu Line
A series of measures was launched Tuesday to reduce congestion on Taipei Metro's Wenhu Line, and a further proposal to remove seats on some trains to create more standing space is being considered, Taipei Rapid Transit Corp (TRTC) said.
The unemployment rate in 2015 dropped to a 15-year low even though the economy showed signs of flattening out and even contracting, statistics compiled by the Directorate General of Budget, Accounting and Statistics (DGBAS) showed Friday.
Singapore GDP growth drops to 2.1 percent in 2015: official statistics
Singapore's trade-dependent economy grew by an estimated 2.1 percent in 2015, its worst performance since the 2009 recession, as global demand for Asian exports slumped, official data showed Monday.
The latest interest rate cut by the local central bank is necessary and reasonable at a time when the local economy has showed signs of slowing down, Chairman Tseng Ming-chung (曾銘宗) of the Financial Supervisory Commission (FSC, 金管會) said.
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