Singapore

Surprise growth helps Singapore avoid recession

Singapore's economy grew more than expected in the second quarter, data showed on July 14, helping it avoid a recession, but analysts warned the trade-dependent city faced headwinds owing to weak overseas demand.

The Southeast Asian nation's performance is often seen as a barometer of the global environment because of its reliance on international trade.

Singapore ‘should avoid economic contraction’: PM

Singapore is expected to post slower economic growth this year but it "should avoid an outright contraction", Prime Minister Lee Hsien Loong said Sunday.

The Southeast Asian city-state's economic performance is often seen as a barometer of the global environment because of its reliance on trade with the rest of the world.    

Academic re-elected as UN International Law Commission member

Turkey's candidate Nilüfer Oral was re-elected as a member of the U.N. International Law Commission (ILC), the Turkish Foreign Ministry said on Nov. 12.

The commission's members for the 2023-2027 period were determined by the elections held in the UN General Assembly on Nov. 12, the ministry said in a statement.

Singapore Is New Sanctuary for World's Wealthiest Men

Singapore has long been a draw for wealthy Chinese, Indonesians and Malaysians who would come for short trips to shop, play  at the casino or get medical check-ups at world-class clinics. Mount Elizabeth Hospital Orchard, just steps from the flagship stores of Gucci and Rolex, features a UOB Privilege Banking Centre in the lobby.

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