Hot Topics on Regional Economy

Oct 2024

Singapore keeps monetary policy steady as Q3 growth picks up; analysts bet on Jan easing

Singapore's central bank on Monday left its monetary settings unchanged, as expected, as data showed the economy perked up in the third quarter though analysts are betting on a loosening in policy early next year to guard against external risks.

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Southeast Asia deepening dependence on fossil fuels, report warns

The 10 nations of the Association of Southeast Asian Nations (ASEAN) met the entirety of the region’s 3.6 percent rise in electricity demand last year through fossil fuels, the United Kingdom-based think tank Ember said in a report released on Tuesday.

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Digital economy accounts for almost 20% of S'pore's GDP, more than that of the finance and insurance sector: IMDA

Singapore’s digital economy accounted for $113 billion of the country’s gross domestic product (GDP) in 2023, according to a report by the Infocomm Media Development Authority (IMDA), released on Oct 29. This is the second Singapore digital economy report by the government organization.

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ChatGPT-maker OpenAI to open Singapore office this year to support regional expansion

OpenAI on Wednesday (Oct 9) announced plans to open an office in Singapore this year, adding that it has started building a team in the country. Singapore will be one of four new offices globally. The California-based parent company of ChatGPT is also expanding into Paris, Brussels and New York.

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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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