Govt & Economy

THE BROAD VIEW

State behemoths are devouring the global economy

Big government is back – as an owner, funder, investor, and all-purpose uber-capitalist

The second quarter was hurt by export volumes falling 5.7 per cent year-on-year and dragging manufacturing output down by 3.3 per cent.

Thai Q2 GDP growth slows sharply amid weak global demand

Thailand’s economy grew at a much slower-than-expected pace in the second quarter, data showed on Monday (Aug 21), as weak exports and slower investment undercut strength in tourism and prompted the g...

Soaring inflation, painful interest rate rises, a sluggish recovery in its key export market China, and high energy costs are all weighing on business activity.

German economy bids goodbye to years of plenty

On his many visits to semiconductor factories and electric car plants, Germany’s Chancellor Olaf Scholz bangs the drum for an economy at the forefront of an industrial transformation.

The Bank of Korea has revised down its forecast for the year to 1.4 per cent in May from 1.6 per cent in February, citing a downturn in the chip industry.

S Korea may cut 2023 GDP growth forecast on sluggish chip sales

South Korea is considering lowering its 2023 economic growth forecast to reflect sluggish performance by the semiconductor industry, Yonhap News Agency has reported.

The Green Plan is a whole-of-nation movement to advance Singapore’s national agenda on sustainable development.

Singapore appoints first government chief sustainability officer

THE Ministry of Sustainability and the Environment (MSE) is establishing a government chief sustainability officer (GCSO) position with effect from Jan 1, 2023, to drive the Republic’s sustainability ...

Malaysia's ruling Umno party is rushing to hold polls that are only due by September 2023 as some of its leaders, including former prime minister and ex-1MDB chairman Najib Razak and party president Ahmad Zahid Hamidi, face long jail terms over graft charges.

Malaysia GE will end up with another fractious coalition, with splintering support

MALAYSIA’S parliament was dissolved on Monday (Oct 10), paving the way for a general election (GE) which the government hopes will end political instability, as well as help it move on from the embarr...

The proceeds raised from these bonds will be used to finance expenditures in support of the Singapore Green Plan 2030, including 2 new MRT lines — the Jurong Region Line and the Cross Island Line.

Singapore prices inaugural S$2.4b of 50-year sovereign green bonds to yield 3.04%

SINGAPORE received strong demand for its inaugural offer of green bonds, allowing the sovereign issuer to reach or surpass pricing indications.

The Green SGS (Infra) will be issued under the Singapore Green Bond framework. It is  part of the pipeline of up to S$35 billion of sovereign and public sector green bonds that the government and its statutory boards will issue by 2030.

MAS to launch first Singapore sovereign green bond this week

THE Monetary Authority of Singapore (MAS) said on Monday (Aug 1) that it will be issuing Singapore’s inaugural sovereign green bond, which is known as Green Singapore Government Securities (Infrastru...