Hot Topics on Regional Economy

Dec 2022

Singapore non-oil exports tumble 14.6% in November; economists warn of darkening outlook

The slump in Singapore’s key exports has deepened, with weaker demand for electronics prompting economists to warn that the outlook may darken further. They believe demand will continue to soften in the months ahead and this will weigh on Singapore’s economy.

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Asean’s growth to slow in 2023, but region remains a bright spot in a slowing world

THE economic growth rate for South-east Asia may wane in 2023 amid intensifying global headwinds, but the region is likely to stay a bright spot in a world edging towards a recession, economists say.

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Singapore’s deputy prime minister calls FTX loss ‘disappointing,’ pledges to improve the process

Temasek’s investment loss of $275 million in the collapse of cryptocurrency exchange FTX was “disappointing” and damaging for Singapore, said Deputy Prime Minister and Finance Minister Lawrence Wong.

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More than 2,500 jobs to be created in Singapore’s food manufacturing sector

More than 2,500 jobs in the food manufacturing sector will be created in the short term, allowing workers to take on higher value-added tasks and increase productivity.

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