Southeast Asia is a “strategic winner” from supply chain shifts and capital reallocation, highlighting the region’s resilience, according to United Overseas Bank Ltd..
Southeast Asia is a “strategic winner” from supply chain shifts and capital reallocation, highlighting the region’s resilience, according to United Overseas Bank Ltd..
Singapore’s economy is on track to outperform the government’s own full-year growth forecast as global demand for artificial intelligence-related electronics continues to offset geopolitical headwinds.
Singapore’s economy is on track to outperform the government’s own full-year growth forecast as global demand for artificial intelligence-related electronics continues to offset geopolitical headwinds.
The Merlion statue in the central business district of Singapore. Photographer: Lionel Ng/Bloomberg
Artificial intelligence could reshape the jobs of nearly 80 million people across Southeast Asia, but there is little sign it has led to large-scale employment cuts, according to the International Labour Organization.
Artificial intelligence could reshape the jobs of nearly 80 million people across Southeast Asia, but there is little sign it has led to large-scale employment cuts, according to the International Labour Organization.
Pedestrians in the central business district at night in Singapore. Photographer: Ore Huiying/Bloomberg
Malaysia will likely hold its benchmark interest rate on Thursday and signal a possible hike later this year as the artificial intelligence boom drives faster-than-expected economic growth.
Malaysia will likely hold its benchmark interest rate on Thursday and signal a possible hike later this year as the artificial intelligence boom drives faster-than-expected economic growth.
The Bank Negara Malaysia headquarters in Kuala Lumpur, Malaysia, on Friday, May. 17, 2024. Malaysia will release gross domestic product numbers for the first quarter of 2024 today. The economy grew 3.9% in the first three months, according to the median forecast in a Bloomberg survey.
Economic growth across Asia is expected to remain subdued despite a modest improvement in outlook, as lingering disruptions from the conflict in the Middle East continue to weigh on supply chain and production costs, according to the Asian Development Bank.
Economic growth across Asia is expected to remain subdued despite a modest improvement in outlook, as lingering disruptions from the conflict in the Middle East continue to weigh on supply chain and production costs, according to the Asian Development Bank.
Pedestrians walk past the Asian Development Bank headquarters in Manila.
Singapore is looking to tighten enforcement and increase penalties for traffic violations as road fatalities in the city-state climbed.
Under proposed amendments to Singapore’s traffic laws, it’s an offense for a driver to hold a mobile phone while driving. Photographer: Edwin Koo/Bloomberg
Pritam Singh kept his role as leader of Singapore’s main opposition Workers’ Party after a special vote by cadres following his convictions for lying to a parliamentary committee.
Pritam Singh kept his role as leader of Singapore’s main opposition Workers’ Party after a special vote by cadres following his convictions for lying to a parliamentary committee.
Pritam Singh, secretary general of the Workers' Party, speaks during a party rally in Singapore, on Saturday, April 26, 2025. Singaporeans will head to the polls on May 3 after a mere nine-day election campaign — among the world’s shortest timelines for voters to make a decision.
Singapore will likely hold monetary policy at its meeting next month and consider further moves later in the year after weaker-than-expected inflation data for May, according to economists.
Singapore will likely hold monetary policy at its meeting next month and consider further moves later in the year after weaker-than-expected inflation data for May, according to economists.
A customer pays for fresh produce at Tekka Center in Singapore.
Singapore Prime Minister Lawrence Wong warned that the economy has yet to feel the full impact of the Middle East conflict, and uncertainty remains over the growth outlook despite a strong performance in the first quarter.
Singapore Prime Minister Lawrence Wong warned that the economy has yet to feel the full impact of the Middle East conflict, and uncertainty remains over the growth outlook despite a strong performance in the first quarter.
Singapore Prime Minister Lawrence Wong Photographer: Lionel Ng/Bloomberg
Singapore Prime Minister Lawrence Wong warned that the economy has yet to feel the full impact of the Middle East conflict, and uncertainty remains over the growth outlook despite a strong performance in the first quarter.
Singapore Prime Minister Lawrence Wong warned that the economy has yet to feel the full impact of the Middle East conflict, and uncertainty remains over the growth outlook despite a strong performance in the first quarter.
Singapore Prime Minister Lawrence Wong Photographer: Lionel Ng/Bloomberg
Economists lowered their forecasts for Singapore’s economic growth and raised inflation expectations, according to the latest Bloomberg News survey conducted June 2-5.
Economists lowered their forecasts for Singapore’s economic growth and raised inflation expectations, according to the latest Bloomberg News survey conducted June 2-5.
Koh Poh Koon, who stepped down as Singapore’s senior minister of state for manpower and health for family reasons, is returning to the healthcare industry as a surgeon.
Koh Poh Koon, who stepped down as Singapore’s senior minister of state for manpower and health for family reasons, is returning to the healthcare industry as a surgeon.
The head of Singapore’s Workers’ Party, the city-state’s main opposition block, faces a party leadership vote later this month after he was reprimanded for lying to a parliamentary committee, Channel News Asia reported Monday.
The head of Singapore’s Workers’ Party, the city-state’s main opposition block, faces a party leadership vote later this month after he was reprimanded for lying to a parliamentary committee, Channel News Asia reported Monday.
Pritam Singh, secretary general of the Workers’ Party, speaks during a party rally in Singapore in April 2025.
Southeast Asia’s manufacturing sector snapped a three-month slowdown in May, as a surge in domestic demand helped offset a downturn in exports.
Workers cut off excess thread from items of clothing at a Thai Son S.P. Co. garment factory in Binh Thuan province, Ho Chi Minh City, Vietnam, on Thursday, Apr. 10, 2025. For more than 70 years, many emerging nations, especially in Asia, have become the low-cost manufacturer to the US, the world’s biggest consumer.
Singapore’s wage growth is expected to moderate this year as companies adopt a measured approach with heightened geopolitical tensions and inflation risks.
Singapore’s wage growth is expected to moderate this year as companies adopt a measured approach with heightened geopolitical tensions and inflation risks.
Pedestrians cross a road in the central business district of Singapore.