Monday, August 31, 2015
Former Malaysian prime minister Mahathir Mohamad's presence at the Bersih 4 rally is disappointing and suggests that the former premier has changed his stance and now agrees with street protests, said Malaysian Communications and Multimedia Minister Salleh Said Keruak.
Sunday, August 30, 2015
Saturday, August 29, 2015
Friday, August 28, 2015
Thursday, August 27, 2015
The odds of Singapore entering a technical recession in the third quarter have risen significantly after July's industrial production contracted far more than expected. What this will mean for monetary policy, though, remains unclear - economists have mixed views on whether the central bank will ease its stance come October.
Wednesday, August 26, 2015
Tuesday, August 25, 2015
China has been a major contributor to economic growth and low global inflation for more than two decades.
But tonight, investors around the globe are catching their breath after one of the worst day’s trading in many years. They’re now pondering whether today marks the start of a new and alarming phase of the crisis which began some eight years ago.
Monday, August 24, 2015
Whichever option Singapore chooses in tackling the issue of foreign inflows will involve some pain, said Prime Minister Lee Hsien Loong on Sunday in his National Day Rally speech.
He said that there are no easy choices when it comes to immigration and foreigners: close the doors to foreign workers, and the economy will suffer; let too many in, and society will be adversely affected.
Sunday, August 23, 2015
Saturday, August 22, 2015
Friday, August 21, 2015
Thursday, August 20, 2015
Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Aug 19).
For Category A cars, or those 1600cc and below with horsepower not exceeding 130bhp, premiums closed at S$57,498, up from S$56,209 two weeks ago. Premiums for larger and more powerful cars in Category B rose to S$62,140, from S$60,789.
Open category COEs, which can be used for any vehicle type, but end up being used mainly for large cars, rose to S$61,001 from S$57,885.
Motorcycle premiums closed at S$6,112, down slightly from S$6,201 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$46,501 from S$49,302 in the previous bidding exercise.