Hot Topics on Regional Economy

Dec 2023

Economists cut Singapore’s growth forecast for 2024, inflation likely to ease

Singapore’s GDP growth in 2024 could be lower than previously expected, according to a survey by the Monetary Authority of Singapore.

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Asia’s central banks snap up gold in ‘new normal’ to reduce risk from US dollar

Gold’s lustre has endured timelessly for Asian buyers, and its central banks too are now following suit to snap up the commodity amid de-dollarisation – a move to reduce exposure risk to the US dollar.

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Singapore and China Enhance Digital Finance and Capital Markets Cooperation

The Monetary Authority of Singapore (MAS) today announced new digital finance and capital markets initiatives to expand its financial cooperation with China. The initiatives were discussed at the 19th Joint Council for Bilateral Cooperation (JCBC) in Tianjin, which was co-chaired by Singapore Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, and the People’s Republic of China Executive Vice Premier of the State Council, Mr Ding Xuexiang.

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Chinese EV maker Zeekr’s cars to be sold in Singapore, with deliveries from Q3 2024

High certificate of entitlement (COE) prices are not quelling motor dealers’ appetite to grow their portfolios. Premium Automobiles, the retail dealer for Audi, has just been appointed the distributor for Zeekr, a luxury electric vehicle (EV) brand from Chinese automotive giant Geely.

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This monthly newsletter collects the most popular topics on regional economy according to the search statistics in Google, to keep you refreshed in the rapidly changing finance world.

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