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Business

Singapore's fourth quarter growth surprises

Singapore#8217;s economy grew at a surprisingly strong annualised rate of 7.9% in the fourth quarter of 2004 but weakening technology demand pushed down exports last month and pointed to slower economic growth ahead.

Business

Dawn of a new era for Pantai

THIS year marks the dawn of a new era for leading integrated healthcare group, Pantai Holdings Bhd. Group chairman Datuk Dr Ridzwan Bakar said the Pantai group was set to stage a turnaround in both profits and operations through well-defined growth strategies under its aggressive domestic and overseas expansion plan.

Business

News in brief

News briefs on Mexter Technology, Unified Communications Holdings and Pantai Holdings.

Business

Singapore GDP growth slows

Singapore's economy shrank at an annualised rate of 5.8% in the first quarter, a contraction about seven times bigger than markets expected and the weakest performance since the SARS health scare of 2003.

Business

Singapore's Temasek, drug companies sign deal for Asian drug sales

Singapore's state investment arm said Friday it has entered a joint venture with U.S. biotechnology giant Quintiles Transnational Corporation and Hong Kong-based health care company Interpharma Asia Pacific to sell drugs in the Asia-Pacific region.

Business

Singapore's industrial output grows 11.1 percent on year in June

Singapore's industrial production grew 11.1 percent on year in June, led by double-digit growth in the biomedical sector.

Business

Singapore GDP grows 5.2% in 2nd quarter

The republic's economy grew 5.2% in the second quarter this year, from 2.7% in the first, mainly due to an expansion in biomedical output and robust performance in key services sectors such as wholesale and retail trade, and financial services.

Business

Singapore industrial output rises in August

Singapore's industrial output grew by 11.8 percent on year in August, as pharmaceutical and transport engineering output surged to offset another weak performance from electronics.

Business

Singapore's economy expands at annual pace of 3.2% in third quarter

Singapore's economy grew at an annual 3.2 percent pace in the July-September quarter, down sharply from the blistering 18 percent annual pace growth in the previous quarter, according to a preliminary government estimate Monday.

Business

Singapore raises 2005 growth forecast

SINGAPORE: Export-oriented Singapore on Thursday raised its GDP growth forecast for 2005 to 5 percent from between 3.5 percent to 4.5 percent earlier, citing an improving global economy which boosted biomedical exports in the third quarter.