Singapore’s volatile data stump professionals
(4 Sep) - Last month, Singapore’s government announced the economy grew 3.8% on-year in the second quarter. But as late as June, economists polled by the city-state’s central bank were predicting growth of just 1.5%. Economists got it wrong on exports too: They predicted a nearly flat print in the second quarter, when exports...
Singapore having mid-life crisis
(8 Sep) - Singapore marked its 48th year of independence in August, but not everyone in the prosperous Southeast Asian city-state was celebrating. A slowing economy, immigration issues and the rise of critical social media have fuelled growing discontent with the ruling People's Action Party (PAP), which has kept a tight grip...
Singapore: safe haven, model society
(8 Sep) - Singapore is booming and well placed to weather any Asian storms, but success has brought its own problems. Looking out towards the sea from Singapore's Marina Bay Sands infinity swimming pool, perched precariously 57 storeys above the ground – these are tough assignments, I know, but someone has to do them – is...
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