Singapore

This tag is associated with 12 posts

Contractors Race To Cash In On Southeast Asia’s Metro Boom

Japanese general contractors won bids for a string of subway projects in Southeast Asia in 2013 and 2014, and they are now preparing to start construction. Among the projects is Singapore’s Thomson Line, a 30km-long all-underground line that could determine whether Japan’s urban subway tunnel technology can compete in overseas markets. By Nikkei Asian Review … Continue reading

Growing Risks To Local Currency Bonds In Emerging East Asia, ADB Says

The Asian Development Bank (ADB) warned on Tuesday of growing risks to local currency bonds in emerging East Asia. In the ADB’s latest quarterly Asia Bond Monitor report it warns that widening credit spreads, a stronger U.S. dollar, Greece’s debt crisis, and falling oil prices are growing risks to local currency bonds in emerging East Asia. “While … Continue reading

As China Becomes World’s New Industrial Super-Power: Obama’s “Pivot to Asia” And The Military Encirclement Of China

By Eric Sommer Obama’s recent visit to India netted a trove of economic, military, and nuclear power agreements with India. The visit – and the agreements –  underscored the attempt by the U.S. state to utilize its ‘pivot to Asia’ to create military and economic alliances with other Asian nations in order to encircle and … Continue reading

The New Global Economy: The Rise Of China And Decline Of The U.S.

By G. Asgar Mitha There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires. Whether the only empire – the US – understands it or not, … Continue reading

Asian Economies Look Inward For Growth, But Need Reforms

By Lien Hoang On a recent trip to Shanghai, Paiboon Ponsuwanna visited internet companies Alibaba and Weibo, and inspiration struck. The businessman, who lives in Bangkok, already exports goods like frozen seafood, but he would like to bring more commerce home, even if it’s online. “Maybe we can start doing this kind of thing in … Continue reading

Strengthening The State And Market In ASEAN

By Peter McCawley An embarrassing fact about ASEAN governments that is generally avoided in public policy discussions is that the capacity of most ASEAN states is quite limited — much more limited than they, and the international community, generally wish to admit. Until it is recognised that state capacity is limited, it will be hard … Continue reading

De-Dollarization: China, Russia Launch Financial Tools In Local Currencies

China and Russia have effectively switched to domestic currencies in trading using financial tools as swaps and forwards, as they seek to reduce the influence of the US dollar and foreign exchange risks. The agreement signed in the end of October comes into force Monday, December 29, and provides a currency swap of CNY150 billion … Continue reading

AirAsia Flight QZ8501 From Indonesia To Singapore Is Missing

AirAsia flight number QZ8501, bound from the Indonesian city of Surabaya to Singapore, has lost contact with air traffic control, the airline has confirmed. The missing flight is an Airbus A320-200 with up to 162 people on board. Indonesia air transport authorities have provided details of the plane’s last position. “We are coordinating with the … Continue reading

ASEAN’s Ambitious Agenda

Franklin Templeton’s Mark Mobius:  The Association of Southeast Asian Nations (ASEAN) is an example of how smaller global economies can band together to exert a more powerful influence within the international community and have their collective voice heard. ASEAN is made up of 10 members: Brunei Darussalam, Cambodia, Indonesia, Lao PDR (Laos), Malaysia, Myanmar, the … Continue reading

Cheap Oil Can Benefit Asia – ADB Report

By The Asian Development Bank The growth outlook for developing Asia remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, the Asian Development Bank (ADB) says in a new report. In a supplement to its Asian Development Outlook 2014 … Continue reading

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