Chart of the Week May 20, 2022: Singapore’s Greenfield Investments Abroad

Summary In 2021, Singapore experienced a strong rebound in outward greenfield investments, mainly through investments in real estate, retail and the setting-up of data centres. The recovery in Singapore’s greenfield FDI outflows overtook most of the other top Asian investors. Highlights Australia emerged as a top greenfield FDI destination for Singapore in 2021. China-Australia bilateral […]

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Chart of the Week May 6, 2022: Generation of E-Waste and Rising GDP per Capita in the ASEAN-6 and its East Asian Partners, 2014-2019

Summary Rising affluence in regional economies is linked with greater purchasing power – however, the downside is the creation of more waste. Over 24.9 million metric tonnes of E-Waste were generated across Asia in 2019, much of which came from countries with higher GDP per capita. Furthermore, increases in GDP per capita led to a […]

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Chart of the Week April 22, 2022: Singapore’s Changing Labour Competitiveness

Summary ACI’s ASEAN Economic Competitiveness Analysis finds that Singapore’s labour market has traded off Labour Market Flexibility for Productivity Performance. Singapore has fallen from being the most flexible market at the start of the study in 2000 to being below the ASEAN-10 average in 2018. In contrast, the Productivity Performance of Singapore has grown with […]

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Chart of the Week April 8, 2022: US M&As and the Likelihood of Their Announcement

Summary Using data from a study about US mergers and acquisitions (M&A), this week’s chart shows that the probability of M&A announcement increases when the workforces of the merging firms have similar political ideologies. In the United States, the dominant way of classifying political ideology tends to be either liberalism or conservatism, which aligns with […]

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Chart of the Week March 25, 2022: Intra-ASEAN trade dependency 2018-2020

Summary Intra-regional trade dependency is highly heterogeneous across the ASEAN-10 countries, with Laos being the most dependent with approximately 60% trade intensity with ASEAN-10, in terms of both export and import. Singapore’s export structure became less dependent on the ASEAN countries (from 30% to 25%) from 2018 to 2020. However, the import structure of Singapore […]

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Chart of the Week January 14, 2022: FDI in the GBA Ecosystem: Core vs Node Cities

Summary To propel the economic development of the Greater Bay Area, China’s State Development and Reform Commission signed the “Framework Agreement on Deepening Guangdong-Hong Kong-Macao Cooperation in the Development of the Greater Bay Area” in 2017. The involvement of Guangdong, Hong Kong, and Macau governments in this agreement marks the beginning of integrated development in […]

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Chart of the Week December 3, 2021: Wealth Accumulation amidst the Pandemic: Rising Global Wealth Inequality?

Summary Despite the economic ravage of the pandemic, the second half of 2020 saw an increase in global household wealth by USD28.7 trillion, 7.4% higher than the preceding year. However, not all countries witnessed this unprecedented trend of growing household wealth. Generous income support programmes and low interest rates enabled higher valuations of household wealth […]

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Chart of the Week November 19, 2021: Impact of data flow policies on ICT sectors

Summary Data is regarded as the fourth factor of production in today’s digital economy and plays an integral role in digital trade. In contrast with overly strict or relaxed data flow policy, a balanced approach will maximize the output of the ICT sector. Digital Economic Agreement (DEA) stipulations concerning data flows are deemed to improve […]

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