... ll budget surplus of S$9.6 billion for the 2017 financial year, much higher than the initial forecast of S$1.9 billion. Singapore also boasts a total fiscal reserve of S$997.4 billion if cash, state-o ...More
EJ Insight2019-02-22
... financial surplus for the year is unlikely to be above HK$100 billion, unlike in previous years. In his blog on Sunday, the finance chief noted that the surplus stood at HK$59 billion for the first ni ...More
EJ Insight2019-02-18
... its trade surplus with the rest of the world. If it eliminates its trade surplus with the US, as President Donald Trump has repeatedly demanded, it may end up having to reduce imports from other count ...More
EJ Insight2019-01-30
... he budget surplus for the coming fiscal year is likely to be only a third of that for the current year, implying there will be no cash handouts. A cash handout to all citizens, in fact, has not been c ...More
EJ Insight2019-01-28
... ed fiscal surplus for 16 years in a roll. The government surplus crossed the HK$130 billion mark last year. Many have argued that the territory may not need massive infrastructure projects, like the m ...More
EJ Insight2019-01-23
... rd budget surplus that was the envy of the world for the past financial year, Hong Kong's finance minister Paul Chan Mo-po hinted that there would be fewer sweeteners for cash-strapped locals in his n ...More
EJ Insight2018-12-24
... me of its surplus reserves to help fund the fiscal deficit. “Though both parties have valid arguments on their points of view, the sudden resignation raises questions on whether the Indian government ...More
EJ Insight2018-12-11
... ber trade surplus with the US was a record US$35.55 billion. The October surplus was US$31.78 billion. But China’s imports from the US in November fell 25 percent from a year earlier, while the annual ...More
EJ Insight2018-12-10
... t China’s surplus with the US – which hit a new record in September – is politically unsustainable. For many American workers, China has become a symbol of job loss and economic insecurity. Although a ...More
EJ Insight2018-11-29
... est trade surplus that the US enjoys with any economy. Meanwhile, not a few American companies have set up their regional headquarters in the city. And as such, any changes to the US trade policy on H ...More
EJ Insight2018-11-20
... need it. Surplus countries need to be in a position to supply deficit countries, and all the more so now that climate change is undermining the conditions for food production in many parts of the wor ...More
EJ Insight2018-11-20
... ial trade surplus of the US with Hong Kong, it is definitely not in Washington’s interests to tinker with the US-Hong Kong Policy Act, which was passed by the US Congress in 1992. Members of the pro-e ...More
EJ Insight2018-11-16
... ion trade surplus with Hong Kong last year and that more than half of the 1,351 American firms doing business in Hong Kong use the city as a location for regional headquarters or offices, Lam warned t ...More
EJ Insight2018-11-16
... bsorb the surplus savings. Former US Federal Reserve chair Ben Bernanke famously characterized this much-studied phenomenon as a key component of the “global savings glut.” Thus, instead of leading to ...More
EJ Insight2018-11-08
China’s trade surplus with the United States surged to a record high of US$34.13 billion in September, compared with US$31.05 billion in August, Reuters reports, citing the latest Chinese customs data ...More
EJ Insight2018-10-12
... al budget surplus every year, it is highly unlikely that the project would bankrupt the administration. In fact, government investments in the project can generate economic benefits in the long run, t ...More
EJ Insight2018-10-12
... ate or in surplus - largely depends on market sentiment,” Tsang said, adding that increasing the public-private housing ratio will not lead to a spike in prices in the private housing market. In other ...More
EJ Insight2018-10-10
... t-account surplus greater than or equal to 3 percent of GDP (its surplus in 2017 was 1.3 percent). China does meet the third criterion: a bilateral trade surplus with the US in excess of US$20 billion ...More
EJ Insight2018-09-21
... on budget surplus the government recorded last year. The spending would be definitely worth it, as it can substantially enhance the bonds between the government and the public. This article appeared i ...More
EJ Insight2018-09-13
... ord trade surplus with the US, and has demanded that Beijing cut it immediately, threatening further tariffs on an additional US$200 million worth of goods – and possibly more. The negative impact of ...More
EJ Insight2018-09-13
