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China's factory activity edges up but remains in contraction as fading holiday demand hits services.

China factory activity edges up but remains in contraction as fading holiday demand hits services The National Bureau of Statistics said the manufacturing purchasing managers index rose to 49.2, up 0.2 points from October and in line with forecasts in a Reuters poll.

The Singapore economy's official growth forecast for 2025 was upgraded to around 4 per cent from an earlier estimate of 1.5 to 2.5 per cent.

Singapore raises 2025 growth forecast to ‘around 4%’; expects 1-3% growth in 2026 The 2025 forecast upgrade came on better than expected Q3 performance, driven by AI chips Read more at The Business Times.

The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, with no change to its width and the level at which it is centred.

Singapore keeps monetary policy settings unchanged in October, for second straight quarter Full-year core and headline inflation forecasts remain unchanged at 0.5 to 1.5 per cent Read more at The Business Times.

The Ministry of Trade and Industry (MTI) upgraded its full-year growth forecast range on Tuesday (Aug 12), but warned: “However, the economic outlook for the rest of the year remains clouded by uncertainty, with the risks tilted to the downside.”.

Singapore full-year growth forecast upgraded on strong Q2, but MTI warns of uncertainty ahead [SINGAPORE] The Ministry of Trade and Industry (MTI) upgraded its full-year growth forecast range on Tuesday (Aug 12), but warned: “However, the economic outlook for the rest of the year remains clouded by uncertainty, with the risks tilted to the downside.” Read more at The Business Times.

Singapore’s economy grew at 4.3% year-on-year in the second quarter of the year, accelerating from 4.1% in the first quarter.

Singapore’s economy grows 4.3% in second quarter, beating expectations The advance figure was higher than the 3.5% forecasted by economists polled by Reuters.