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Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

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<strong>Retail sales ex-motor vehicles sustain vigour:</strong> Retail sales contracted 0.5% y/y in September after rising 3.7% in August as motor vehicle sales declined 15.3% in Sep 17. Excluding motor vehicles, retail sales expanded 3.3% in Sep 17 from 4.0% in Aug 17. Notably, department stores and supermarkets increased 7.7% and 9.8%.</li>
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<strong>Trade resurgent though with a caveat</strong>: Total exports accelerated 10.4% y/y in October, after slower 3.8% growth in Sep 17. Imports expanded 16.3% y/y in Oct 17, up from…</li>
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Retail sales ex-motor vehicles sustain vigour: Retail sales contracted 0.5% y/y in September after rising 3.7% in August as motor vehicle sales declined 15.3% in Sep 17. Excluding motor vehicles, retail sales expanded 3.3% in Sep 17 from 4.0% in Aug 17. Notably, department stores and supermarkets increased 7.7% and 9.8%.

Trade resurgent though with a caveat: Total exports accelerated 10.4% y/y in October, after slower 3.8% growth in Sep 17. Imports expanded 16.3% y/y in Oct 17, up from…


Singapore: External Uplift into Domestic Sectors