Hot Topics on Regional Economy

Mar 2024

Swift tour prompts economists to upgrade Singapore GDP forecast

ECONOMISTS upgraded the first-quarter growth forecast for Singapore’s economy, with some attributing the gains in part to Taylor Swift’s Eras tour concerts.

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Australia pledges US$1.3 billion to spur South-east Asia investment

PRIME Minister Anthony Albanese will unveil a US$1.3 billion financing facility as the centrepiece of a new package to drive Australian trade and investment in South-east Asia, strengthening regional ties at a time of uncertainty over the US-China economic relationship.

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Parliament passes Bill to enhance MAS investigative powers over financial sector

SINGAPORE: A new Bill passed by parliament on Thursday (Mar 7) will give the Monetary Authority of Singapore (MAS) wider investigative and supervisory powers over the financial sector, such as the ability to enter premises without a warrant and without giving prior notice if certain conditions are met.

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Firms providing corporate services in S’pore to face tighter scrutiny under proposed law

SINGAPORE - Singapore plans to further tighten scrutiny on the close to 3,000 firms providing corporate services, in a bid to strengthen the anti-money laundering controls here.

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