Hot Topics on Regional Economy

Apr 2023

Singapore 'cautiously optimistic' about economic prospects amid volatile global environment: PM Lee

Even as the external environment remains volatile and fraught with serious geopolitical tensions, Singapore can be cautiously optimistic about its immediate economic prospects, Prime Minister Lee Hsien Loong said on Sunday (Apr 30).

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Asia Likely to See Dynamic Economic Growth, but With Policy Challenges

Asia and the Pacific remains a dynamic region despite the somber backdrop of what looks to be shaping up as a challenging year for the world economy. Global growth is poised to decelerate as rising interest rates and Russia’s war in Ukraine weigh on activity. Inflation remains stubbornly high, and banking strains in the United States and Europe have injected greater uncertainty into an already complex economic landscape.

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Customers more satisfied with finance sector, less willing to use new digital banks: SMU study

Customer satisfaction with the finance sector in the Republic has increased amid steps by banks to boost their online banking security, while there is less interest in newcomer digital banks.

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More Singapore firms expanding, setting up shop in the US after COVID-19 pandemic

More Singapore companies are expanding and setting up shop in the United States, the world's largest economy. Enterprise Singapore (EnterpriseSG) said that 20 per cent more firms have ventured onto US shores, compared to before the COVID-19 pandemic.

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