Philip Chua Business Blog

Posts Tagged ‘growth’

THE population of Singapore crossed 5 million in June, even as the increase in the number of permanent residents (PRs) slowed to a trickle over the past year. Key findings from the latest 2010 census show the number of PRs grew just 1.5 per cent this year - down sharply from 11.5 per cent in 2009. Between 2005 and 2009, annual growth in PRs averaged 8.4 per cent. Growth in the number of 'non-resid... more

The dollar traded mixed on Friday, higher against the yen but lower versus the commodity currencies as risk appetite rose. Federal Reserve Chairman Ben Bernanke said the Fed is prepared to provide additional unconventional stimulus measures if needed. US GDP growth slowed less than expected in Q2 2010. The S&P

The dollar gained against most of its rivals on Thursday as risk aversion increased on concern US economic growth is faltering. US initial jobless claims in the week ending August 14 climbed to a 9-month high and the August Philadelphia Fed manufacturing index turned negative for the first time since

(SINGAPORE) The global airline industry enjoyed a strong rebound in travel demand during the first half of this year, with premium travel rising 11.9 per cent, while economy travel was up 6.3 per cent. The latest data released by the International Air Transport Association show, however, that travel demand growth has softened sequentially from quarter-to-quarter. In June, premium seat demand was 1... more

IN many respects it was an odd week for local stocks, but on reflection, maybe one that turned out within expectations. Players were puzzled by the market's lack of reaction to news of a surprise upward revision in economic growth to as high as 15 per cent this year. But if you think about it, this is probably because most of the good news has already been priced in - and markets are in all likeli... more

The dollar was mostly higher versus its counterparts on Friday but broadly lower for the week as worries on global economic recovery eased. This week the IMF upgraded its forecast for 2010 global GDP growth to 4.6% from 4.2% and the International Council of Shopping Centers said US retail sales