Economy
Chart of the Day: NODX eases on weaker external demand
Chart of the Day: NODX eases on weaker external demand
Plain and simple, risk is on the downside, says DBS Group Research.
Singapore trade slows to 2.9% in 2Q12
Seasonally adjusted, external trade declined qoq by 3.1%.
Government trims 2012 trade outlook after rough 2Q
IE Singapore now expects total trade to grow at a milder 3%.
Official GDP outlook narrowed to 1.5 to 2.5%
Lower band raised from 1.0% while upper band lowered from 3.0%.
China growth momentum building up: BBVA
Government fiscal and monetary measures are proving to be effective.
The Asian supply chain becomes more compact
Singapore as a transport hub will benefit hugely from a massive change in the Asian supply chain. It is going to be more ‘compact’. Goods will...
What you need to know about Singapore's compulsory saving scheme
CPF stands for Central Provident Fund. As one of the numerous acronyms used in Singapore, CPF is among the best known internationally. (You could...
4 in 7 service clusters dipped in 2Q12
The accommodation sector registered the biggest slip of -5.8%.
MAS likely to focus on inflation than on exchange rate policy
DMG expects MAS to maintain its policy stance of a modest and gradual appreciation of the Singapore dollar NEER.
China hits first balance of payments deficit after 14 years
The deficit of US$11.8b is also the first time international reserves have fallen on a quarterly basis.
Thailand GDP to jump to 5.5%
Thanks to robust domestic demand and effective expansionary policies.
Indonesia GDP growth pegged at 5.8%
But risky restrictive policies and slowdown in reform progress may hamper medium-term growth.
India industrial production sharply dips 1.8%
Blame it on the nasty 27.9% contraction in capital goods output growth.
Japan consumption tax hike to raise revenue to 2.5% of GDP
The two-fold increase of consumption tax to 10% reveals more than political risk.
Singapore's services sector dips 0.6% in 2Q12
Guess which sector is expected to provide modest support to growth?
Korea's August inflation to dip 1.5%
Good news food prices will remain resilient amid rise in global grain prices.
Singapore economy contracts by 0.7% in 2Q12
This translates to a 2% expansion - a sharp pullback in growth compared to a 9.5% expansion in 1Q12.
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