Economy
Taiwan inflation hits new high in July
Taiwan inflation hits new high in July
Headline inflation jumped to 2.5% y/y from 1.8% in June.
Growth momentum likely to be slower than anticipated
DBS cited the tightening measures on foreign labour as a factor that could have suppressed growth momentum.
GDP growth forecast pegged at 2.3% for 2012
Analysts are waiting to see is if the Chinese growth slowdown and Eurozone debt crisis stabilize by the fourth quarter.
Inflation rising to 2.46% takes Taiwan by surprise
Blame it on the nasty weather condition resulting to higher food prices.
Malaysia to suffer MYR 5.2b trade surplus
Import sales are expected to hit a 9.5% rise as exports growth moderates to 3.6%.
Philippine inflation to inch up to 3.1%
Thanks to lower oil prices and well-behaved food prices that brought down healding inflation.
India GDP growth expected to dip to 6.1%
Good news domestic demand is expected to stay robust with a record-low 5.75% policy rate.
Daily Briefing: CHC members allegedly funding Pastor's legal fees, LTA and SMRT spending S$10m on hearings
Here are the stories from around the web that Singaporeans are talking about.
Further 25bps rate cut looms in Korea
Inflation rapidly easing to 1.5% provides room for Bank of Korea to cut rates to 3%.
Chart of the Day: Retail expects drop in business volume
This is mainly because of the decrease in promotional activities as compared to the quarter that had the Great Singapore Sale.
Singapore growth will trail behind three Tiger Cubs
Thailand, Malaysia and Indonesia simply have better policy support, says Morgan Stanley.
What you need to know about Singapore's annuity scheme
An annuity scheme is a type of mutual help programme: a group of people pay a lump sum into a common fund and are then entitled to receive a monthly...
Malaysia’s credit profile in trouble
Deterioration in public debt ratios, low and energy-dependent revenues, and structural weaknesses weigh on Malaysia’s credit profile, warns Fitch.
Daily Briefing: Medal controversy, MOM issues stop work order for worksite following collapse
Here are the day’s stories from around the web that Singaporeans are talking about including that Mentos campaign.
Chart of the Day: No change for services sector
Guess which industry believes the business climate will be less favourable in the second half of 2012.
Social service salaries hiked by up to 15%
Added remuneration should keep Singapore social service professionals competitively compensated.
Korea inflation rockets for four straight months
Price hikes edged inflation higher to 2.73% yoy in July compared from June's 2.56%.
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