Economics

Singaporeans ready to work longer

Singaporeans on the verge of retiring are prepared to keep working for longer than those that came before them.Men aged 55 to 59 had far greater expectations to work full-time past 65 and 70 than employees currently are, while women had higher such projections beyond 62, 65, and 70, according to the latest survey by the Singapore Management University’s Centre for Research on the Economics of Ageing, which works with the US-based RAND Corporation.

27 October 2017
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Jokowi wants to create 10 new Balis

As China’s burgeoning class of affluent travellers seek out more exotic destinations, Indonesia is cashing in.China is on track to become the biggest tourist market for Indonesia for the first time this year, overtaking Singapore. That’s after a 46 percent surge in visitors from the world’s second-largest economy to 1.4 million in the first eight months of the year.

20 October 2017
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Singapore's central bank expected to maintain neutral monetary policy

Singapore’s central bank is widely seen sticking to a neutral stance on Friday, but it may be moving closer to tightening policy as the economy continues to strengthen.All but one of the 23 economists surveyed by Bloomberg predict the Monetary Authority of Singapore, which uses the exchange rate rather than interest rates as its main tool, will keep its policy stance where it is: seeking no appreciation in the currency against a trading basket.Less clear is whether the MAS will signal it’s re

12 October 2017
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ASEAN, a travel and tourism hub

Southeast Asia is a highly sought-after holiday destination for tourists and travellers from all across the world. The region, which is home to more than 630 million people, is geographically situated in the heart of Asia. Due to its tropical climate, the region is typically warm and humid all year round with plentiful rainfall. Southeast Asian countries are also known for its unique and diverse cultures as well as natural wonders like sandy beaches, mountains and wildlife.

5 October 2017
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Working towards a better Southeast Asia

"There is no straight path from your seat today to where you are going. Don't try to draw that line. You will not just get it wrong, you'll miss big opportunities. And I mean big-like the Internet," Sheryl Sandberg, the Chief Operating Officer of Facebook, said during the annual Class Day ceremonies at Harvard College in the US."Careers are not ladders, those days are long gone, but jungle gyms.

1 October 2017
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The health costs of environmental change

OXFORD – In recent years, the world has become increasingly preoccupied with the catastrophic potential of global warming and other human-induced environmental changes, and rightly so. But one of the most serious risks has been all but ignored: the threat to human health.To be sure, concerns about what a rise in global temperatures above pre-industrial levels could mean for the planet are entirely justified.

30 September 2017
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Southeast Asia soars with low-cost airlines

In 2001, entrepreneur Tony Fernandes bought a debt-ridden airline company for only one Malaysian ringgit (0.26 dollar). Sixteen years later, from a staggering debt of 40 million Malaysian ringgit (11 mililon dollars), AirAsia has grown tremendously to reach a market cap of 11.6 billion dollars. From a single route between Langkawi and Kuala Lumpur, the low-cost carrier now flies to more than 165 destinations spanning 25 countries.

26 September 2017
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Indonesia: Asia's maritime gateway to the west

Much like how the ancient trade functioned when the Western civilisation of the Roman Empire began to trade with the Chinese Empire in the first century for wool, silver and gold, the maritime silk road in the 21st century is named OBOR (or One Belt, One Road) as it is poised to become a passage way that would contribute to the widespread of trade across the world, while a coherent blueprint is set to interconnect international infrastructures in order to maintain the national interest of the

22 September 2017
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Rail connections: A major boon for ASEAN's economy

Rail connection projects that are currently taking place in ASEAN (Association of Southeast Asian Nations) countries are expected to be a major boon and catalyst for the region’s economic growth in the coming years. Infrastructure development is vital for developing economies as it promotes and sustains economic growth.

22 September 2017
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