Singapore · Tuesday, October 6, 2026
asianomistAsia’s economy, daily.
Author

Fiona Zhang

Desk byline for North Asia at Asianomist, covering China, Japan and Korea, and the semiconductor supply chain.

Latest from Fiona Zhang
Southeast Asia

Singapore Manufacturing PMI Rises to 51.7 in September

Driven by strong AI-related demand, the Republic's manufacturing activity expanded for a 14th consecutive month, showing increased orders and production.

Asia World

USAID Cuts Create US$1 Billion Green Funding Gap, Report Says

A new analysis from One Earth Partners details how the 2025 termination of USAID's environmental funding has impacted projects and economies in Vietnam, Bangladesh, and other nations.

Southeast Asia

Malaysia establishes sustainability body, backed by Securities Commission

The Association of Sustainability Professionals will launch by end 2026, aiming to standardise practices and support businesses in meeting reporting requirements.

Southeast Asia

Singapore PM Wong Urges Economic Discipline in Policymaking

Prime Minister Lawrence Wong, also Finance Minister, emphasised the enduring value of core economic principles – price, cost, and incentives – for sound policy decisions, even amid pressure for quick fixes.

Asia World

US Fisheries Agency Plans Looser Domestic Fishing Rules

The US National Oceanic and Atmospheric Administration (NOAA) Fisheries released 34 priorities on 2 September, intending to reduce restrictions on where, when and how fishers operate.

Southeast Asia

Johor Sees RM59.4bn H1 2026 Investments; JS-SEZ Impact Undefined

Malaysia's Johor state attracted RM59.4 billion (US$14.6 billion) in approved investments during the first half of 2026, MIDA reported, though the specific contribution from the Johor-Singapore SEZ remains unclear.

Southeast Asia

Singapore Law Society Seeks CEO Amid Governance Review

The Law Society of Singapore has posted a job advertisement for a new Chief Executive Officer, tasked with strengthening the body's culture and governance following an internal audit and police investigation.

India & South Asia

India Inc profits slide, FPIs pull out amid West Asia conflict

Foreign portfolio investors withdrew ₹60,847 crore from India in H1 FY27, as rising oil prices and a lack of AI investment opportunities impacted corporate earnings.

Japan & Korea

South Korea seeks Mexico tax relief for 562 firms

National Tax Service Commissioner Lim Kwang-hyun highlighted value-added tax refund delays and double taxation in talks with Mexican tax chief Antonio Martinez Dagnino this week.

Japan & Korea

ADB lifts South Korea's 2026 growth forecast to 3.2%

The Manila-based development bank cited strong exports and corporate earnings, largely driven by the artificial intelligence boom, for its upward revision.

Southeast Asia

Singapore Q2 2026 Layoffs Climb to Highest Since 2020

Singapore's Ministry of Manpower reported 4,620 retrenchments in Q2 2026, a significant rise driven by business restructuring in key outward-oriented sectors.

India & South Asia

India's 8th Pay Commission Hears Pensioner Demands for OPS Restoration

India's Chennai GPO Pensioners Forum urged the 8th Pay Commission to restore the Old Pension Scheme and increase pension benefits. The Commission, formed in November 2025, will finalise its recommendations by May-June 2027, impacting millions of government retirees.

India & South Asia

India's August 2026 CPI inflation rises to 4.82%

India's consumer price index climbed in August, driven by higher food costs, though price changes varied significantly across everyday goods and services.

Southeast Asia

Philippine Fuel Prices Jump Over P4 Per Litre, Exceed P100

The Department of Energy announced increases taking effect 15 September, pushing some Metro Manila gasoline and diesel costs past P100 per litre after two weeks of consecutive rises.

Japan & Korea

South Korea Finance Nominee Rules Out Corporate Tax Cut

Lee Hyoung-il, South Korea's finance minister nominee, confirmed Sunday he will not pursue corporate tax cuts, citing this year's rate restoration from 24% to 25%.

Southeast Asia

Singapore details ministerial pay, entry-level salaries capped

The government confirmed entry-level ministers will not immediately receive SGD1.8 million annually, with a new framework introducing performance-based adjustments and a 9% cap on initial increases.

Japan & Korea

South Korea: Ministry Confirms Recovery, Exports Up 68.7%

The finance ministry's monthly Green Book report confirmed a sustained positive outlook, noting persistent Middle East war uncertainties despite August's strong semiconductor shipments.