Oxfam report says billionaire wealth grew by $2 trillion in 2024
Tag: Global economy
PM Wong and PM Ibrahim witness Johor-Singapore SEZ agreement; express optimism for ASEAN and global level business success
The Johor-Singapore Special Economic Zone aims to create 20,000 skilled jobs in the first five years, attracting global investments, as stated in a recent media interaction with Malaysia’s Economy Minister Rafizi Ramli. The JS-SEZ goal is to hit 100 projects in the first 10 years.
Singapore SG60: Mission for 4G leadership is to retain “economic relevance” against “bright, hard-working, hungry” Indians and Chinese
In their recent statements, Singapore Prime Minister Lawrence Wong and veteran Indian-origin Cabinet minister K Shanmugam have spoken of the achievements of Singapore and the challenges facing the country, as it enters a new phase.
China approves Brahmaputra dam in Tibet, on a scale to surpass Three Gorges Dam, with security concerns for India
The dam is to be built at a huge gorge in the Himalayan reaches where the Brahmaputra river makes a huge U-turn to flow into Arunachal Pradesh in India and then to Bangladesh.
The total investment in the dam could exceed 1 trillion yuan (USD 137 billion), which would dwarf any other single infrastructure project on the planet, including China’s own Three Gorges Dam, regarded as the largest in the world, the Hong Kong-based South China Morning Post reported.
SM Lee goes #jalanjalan during China visit; says Singapore needs to be “friends with all sides”
Posting a series of images on his Twitter account, signed “LHL”, at the end of his six-day visit, SM Lee wrote: “Took a #jalanjalan at the lively Yuyuan Old Street in the evening. Every corner is captivating as the traditional Chinese buildings are illuminated with beautiful lights.” The phrase “jalan jalan” is Singlish — that is, Singapore English — for “taking a stroll”.
ILO says wages are recovering after negative shift in 2022
ILO is saying wages are recovering after negative shift in 2022
Be careful with your cash: Amid geopolitical tensions, MAS advises Singapore to be ready for volatility
In its analysis of the ‘Global Macrofinancial Environment’, the central bank of Singapore said that while global economic activity “has remained resilient”, there was still a risk because of “heightened policy uncertainty, trade tensions, and geopolitical conflicts that increase the probability of adverse shocks”.
Singaporeans must stand united to be heard on the world stage as global order shifts, says PM Wong at PAP70 conference
Set to become the next PAP Secretary General, completing the Singapore leadership transition, PM Wong told the audience, “With your support, and support from our newly elected CEC, I will lead the PAP into the next general election.”
This era is not of deglobalisation, but of reglobalisation, says PM Wong at G20; emphasises on making ASEAN stronger
Referring to the shifting global dynamics, Singapore Prime Minister Lawrence Wong said at the G20 Summit in Rio de Janeiro that it was necessary “[to] strengthen our own neighbourhood”, meaning the Association of Southeast Asian Nations (ASEAN).
Singapore ready to host APEC Summit in 2030, says PM Wong in Peru at 2024 meet
APEC Peru 2024 was held from 15 to 16 November 2024, and PM Wong offered to host the 2030 meeting at the closing of this year’s summit. This international forum has 21 member economies, which collectively account for almost half of all global trade and commerce.
