Singapore’s economy gained traction in the third quarter as a pickup in exports helped to drive up manufacturing.Highlights of GDP Report Gross domestic product rose at a seasonally adjusted and annualised rate of 6.3 percent in the third quarter from the previous three months, according to preliminary figures from the trade ministry on Friday.
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
US President Donald Trump will host Singapore's prime minister in Washington later this month, the White House said Tuesday, with North Korea likely topping the agenda.In a statement announcing Lee Hsien Loong's October 23 White House visit, press secretary Sarah Huckabee Sanders said the meeting would reaffirming ties with "one of America's closest partners in Asia for more than 50 years."Singapore has long positioned itself as something of a cultural and political t
Naturally blessed with a rich and diverse cultural heritage, Southeast Asia attracts a huge amount of tourists to the region every year. Its cultural heritage is manifested through a wealth of ancient monuments, heritage sites, colourful festivals and exotic cuisines which have become major tourist attractions for travellers who are seeking for a unique cultural experience.
Singapore Prime Minister, Lee Hsien Loong announced in his annual National Day address in 2013 that the Singaporean government will be relocating its existing port operations to a new location in Tuas by 2027. This relocation is expected to free up land in Tanjong Pagar where the current port is located.
Over the past week, the Philippines and Myanmar had been thrown into the limelight due to on-going conflicts that ripple through the nations. In the Philippines, President Rodrigo Duterte's drug war had once again captured media attention. On September 20, The ASEAN Post discussed the controversies that are surrounding Duterte's highly disputed drug war which has murdered over 7,000 people in the country so far.
Singaporean Prime Minister Lee Hsien Loong’s visit to China this week signals efforts on both sides to reaffirm relations that have showed strains over the past year – both in its timing and number of high-level meetings.Lee began a three-day official visit Tuesday, getting face time with China’s top officials as they prepare for a once-every-five-years party congress next month.
Officially sworn in as Singapore’s eighth president, Halimah Yacob, 63 has become the first female president in the history of Singapore after successfully filling her nomination papers while obtaining the support of the Singapore's Prime Minister Lee Hsien Loong.In a speech, Lee described Halimah as a respected unionist who championed the employment and well being of union members and workers and also their family members, especially for women who are returning to work.
