Singapore

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Hong Kong, Singapore Headed for Economic Trouble

Asia’s two bellwether city-state economies, Hong Kong and Singapore, are both headed into recession. Singapore has already announced that second-quarter gross domestic product fell at an annualized rate of 4 ...
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With Lee Gone, Singapore Confronts Hard Truths

Lee Kuan Yew may have been no more than a spectator for the last two years of his life while his son and a cohort of capable ministers ran the show. But just as the patriarch’s departure from this life has set ...
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Don’t Count Singapore Out Yet

Although some skeptics, including Gordon Chang, who erroneously predicted the collapse of China,  are now predicting the collapse of Singapore on the death of founder Lee Kuan Yew, the odds of any quick def...
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Singapore Growth Falls But Still Doing Well

This year is the 50th anniversary of the founding of Singapore, the island republic that is considered the richest country in Asia by per-capita GDP.  But according to a new analysis by Asianomics, The Hong Kon...
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Singapore: Tentative Change in 2015

On the usual measures of economic prosperity, Singapore went from strength to macroeconomic strength in 2014. Real economic growth was between 2.5 and 3.5 percent for the year. The world economy was forecast by...
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Singapore’s Vaunted CPF under Fire

Singapore’s famed Central Provident Fund (CPF), emblematic of state planning at its responsible and creative best under the People’s Action Party (PAP), has become a political headache for Prime Minister Lee Hs...
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Development of Asean Bond Market Picks Up

Southeast Asia appears on the fast track by any microeconomic measure. According to figures released in October by the 10-member Association of Southeast Asian Nations, gross domestic product grew by 5.7 percen...