Chart of the Week June 17, 2022: Consumption Reallocation during COVID-19

Summary: The pandemic has changed consumers’ habit. The overall retail sales in Singapore have recovered to the pre-pandemic level, but some sectors are still lagging. Instead of dining in the restaurants, some have opted to buy more from the supermarkets. The greater dispersion in retail sales indices imply reallocations of consumption among Singaporean consumers. Whether […]

Read More

Chart of the Week June 3, 2022: Vietnam Advances in Technological Infrastructure

Note: The ASEAN-10 average score is standardized as zero; Vietnam’s scores above zero show above-average performance, while scores below zero indicate below-average performance. Summary: In ACI’s ASEAN competitiveness analysis, Vietnam has performed in technological infrastructure competitiveness, leapfrogging from a regional laggard in 2000 to above the ASEAN-10 average in 2018. This improvement is due to […]

Read More

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: Article By GEORGE, Ammu Graphic By Yixuan GE

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More