Economy News

Economy

Vietnam and Singapore Achieve Record-Breaking Trade Volume in 2024

Vietnam and Singapore set a new record in bilateral trade for 2024, with Vietnam's exports to Singapore totaling nearly S$8.58 billion, a 30.8% increase. Despite the growth, expert...

Economy

German Business Climate Shows Signs of Recovery in January, Exceeding Expectations

The German business climate improved in January, with the Business Climate Index rising to 85.1, exceeding analysts' expectations. The Current Assessment Index increased, but the E...

Economy

Indonesian Man Faces Charges for Attempting to Deposit $7,400 in Counterfeit Singapore Dollars

Chandra Ahmadyani, an Indonesian man, was arrested for attempting to deposit $7,400 in counterfeit Singapore dollars. He faces charges, with a court hearing set for March 6.

Economy

German Business Morale Brightens in January, Surpassing Analyst Predictions

The German business climate improved in January, with the Business Climate Index rising to 85.1, surpassing analyst expectations. While the Current Assessment Index increased, the ...

Economy

January Sees a Surprising Uplift in German Business Climate, Exceeding Expectations

The German business climate improved in January, with the Business Climate Index rising to 85.1, exceeding analysts' expectations. The Current Assessment Index also increased, whil...

Economy

Christine Lagarde Urges Global Commitment to Central Bank Independence Amid Rising Challenges

ECB President Christine Lagarde stresses the importance of central bank independence for economic stability, warning against political influence that could lead to macroeconomic vo...

Economy

China's Manufacturing Sector Contracts in January: NBS Reports PMI at 49.1

China's manufacturing PMI fell below the neutral mark to 49.1 in January, indicating a contraction in the sector. The non-manufacturing and composite PMI also declined, reflecting ...

Economy

Singapore's Cost-of-Living Support Scheme: 90% of Households Claim $220 Vouchers Amid Economic Challenges

Singapore's CDC Voucher Scheme sees 90% household participation, offering S$220 vouchers to manage living costs and support local businesses affected by the pandemic. Over S$132 mi...