Blogs

The past 12 months have been mostly kind to Singapore. The economy has regained some traction, and that has lifted the mood somewhat. Looking forward, we can say two things. First, the economic prospects in 2018 appear encouraging: next year may well be even rosier than this year’s better than expected outcome.

There is a spring in the Indian economy’s step, after a year when few things seemed to go right. Prime Minister Modi’s bold attack on the black economy through demonetization in November last year did not quite achieve its objectives but did hurt a large part of the economy.

It’s been a good year for the Association of Southeast Asian Nations, ASEAN, as it celebrated its 50th anniversary in style and enjoyed an upside surprise to economic growth. In the past month, a series of political conclaves saw the high and mighty of global politics presenting themselves at ASEAN-sponsored summits…

The world economy has not had it this good for well on a decade. Virtually every corner of the globe is enjoying growth except for countries suffering political or other crises. With the immediate threats to economic growth allayed, however, new risks are appearing.

The global economy continues to power ahead, helping elevate stock markets to new multi-year highs this week. Economic growth in the third quarter for both the United States and Europe was at the fastest pace in three years.