Malaysia economy sustains strong growth with investment surge
KUALA LUMPUR – Malaysia’s economy expanded as expected in the third quarter, while remaining on track to meet official economic forecasts on a surge in investments and increased…
Browsing Tag
growth
Spotify’s user growth beats estimates, forecasts upbeat year
STOCKHOLM – Spotify on Feb 6 reported fourth-quarter monthly active users and subscribers ahead of expectations as it grew in all regions, and said revenue and profitability…
Growth in Singapore private home prices and rentals slows in 2023
SINGAPORE – There were more signs of price stabilisation in Singapore’s private residential market in the fourth quarter, as buyers turned cautious in the face of higher interest…
Taiwan cuts 2023 growth outlook to lowest since financial crisis
TAIPEI – Taiwan cut its growth forecast for 2023 to the slowest pace since the global financial crisis, in a setback to the ruling Democratic Progressive Party ahead of January…
Singapore retail sales growth cools to 0.6% in September
SINGAPORE – Takings at the till eked out growth in September, that slowed notably from August as shoppers stayed away from buying big-ticket items.
September’s retail sales rose…
UK economy posts unexpected growth in Q2 but still lags behind peers
LONDON – Britain’s economy eked out unexpected growth in the second quarter, laying the ground for more interest rate hikes from the Bank of England (BoE), but it remained the…
China unveils package to boost consumption as growth loses steam
SHANGHAI – China plans measures to support household spending on everything from electric appliances to furniture as part of a package of policies to arrest a deepening economic…
South Korea cuts 2023 growth forecast on chip slump
SEOUL – South Korea trimmed its growth outlook for 2023, citing uncertainties over momentum in China and the United States, the world’s two largest economies. The finance…
Singapore to play larger role in HSBC’s Asian growth plan
SINGAPORE – London-headquartered banking group HSBC is carving out a bigger role for Singapore as a regional hub as it expands in Asia, with the city receiving funds from a US$6…
Retail sales in Singapore post monthly growth in September
SINGAPORE – Takings at the till in Singapore saw a monthly increase in September, reversing a decline from the month before. Total retail sales grew by 3.3 per cent from August…