Economy & Trade

Sept. 16 – The Japanese firm Xyec Holdings announced plans this month to raise capital on the Singapore Exchange’s (SGX) Catalist board. Xyec, an IT and manufacturing-focused holdings company, will be the first Japanese firm to list exclusively in Singapore, bypassing its own domestic stock market completely. Singapore and other ASEAN countries have increasingly seen […]

According to a recent report, Asian countries remain among the most competitive economies in the world due to improving economic conditions and strengthened domestic policies.

Sept. 9 – Russian President Vladimir Putin has announced that a US$100 billion fund is being introduced as a measure to steady currency markets that have been shaken up by the proposed unwinding of the U.S. monetary stimulus. China will contribute the majority share to the fund at US$41 billion. Brazil, India and Russia will […]

Sept. 5 – As India’s total merchandise trade tripled from US$252 billion in 2006 to US$794 billion last year, the business of import/export with Indian firms has become much more popular. However, the rising monetary numbers have brought with them an increasing number of legal and administrative reforms and considerations for import/export-related businesses. In this […]

Sept. 5 – Earlier this week, the Gulf Cooperation Council-Singapore FTA (GSFTA) finally came into effect after somewhat lengthy negotiations that began after the agreement was previously negotiated on and signed in Doha, Qatar, in 2008. This is the first FTA signed by the Gulf Cooperation Council (GCC) and Singapore, and only the second FTA […]

Sept. 4 – The emerging BRICS nations will gather at the G20 meeting this week to discuss the future prospects of an emerging markets development bank. The BRICS bloc, which include the emerging markets of Brazil, Russia, India, China and South Africa, have already agreed to structure a US$50 billion cooperative development bank to assist […]

Sept. 3 – According to a recent report measuring financial vulnerability published by Bank of America Merrill Lynch (BofAML), Singapore, Malaysia and India are among the most financially vulnerable Asian countries based on their surprisingly low scores. The scoring factors used in the report are based on ten different aspects, including: Excessive real credit growth; […]

Over the years, the perceptions and feelings of the Japanese and Chinese public towards each other have increasingly become more negative. However, both peoples see the relationship between the two countries as very important despite their differences.

Aug. 23 – Temasek Holdings, the investment arm of the Singapore government, received a fine of Rs 50 lakh (US$79,000) this month from the Competition Commission of India (CCI) for late filing of M&A approval forms required under Indian securities law. This is the first time a government-owned international investment company has been issued a […]

Aug. 21 – A repercussion of increasing labor costs in China is resulting in Chinese companies choosing to head to Indonesia as the preferred destination for business expansion. A survey of 516 Chinese SMEs based in Singapore conducted by the Singapore-Chinese Chamber of Commerce & Industry (SCCCI) last week showed that Chinese SMEs were shying […]