Hot Topics on Regional Economy

May 2019

Singapore non-oil exports extend double-digit drop for 2nd straight month in April; confounding expectations

SINGAPORE’S exports extended its double-digit decline for the second straight month in April, surprising economists who had expected a milder drop. Non-oil domestic exports (NODX) fell by 10 per cent last month on the back of a high base a year ago, according to the latest report by Enterprise Singapore.

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Minister Chan Chun Sing calls for deeper regional economic integration during Apec meeting

Trade and Industry Minister Chan Chun Sing has urged Apec economies to step up on deepening regional economic integration and advance discussions on next generation trade and investment issues, including the digital economy, during a bloc meeting in Vina del Mar, Santiago.

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Asset-Based Finance Platform Targets Growing Asian Market

Opening of first Asian office in Singapore reflects the growing popularity of asset-based finance to support SMEs and growth businesses in the region.

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Honestbee to end food delivery service in Singapore

Troubled grocery and delivery start-up honestbee will be ceasing its food delivery service here as part of the company's ongoing strategic review, it announced yesterday. Its food delivery arm, which has about 1,200 restaurant partners, will stop on Monday, while its laundry service will also be suspended temporarily, honestbee said in a statement.

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