Economy
Indonesia GDP growth forecast at 6% yoy
Indonesia GDP growth forecast at 6% yoy
Latest domestic car sales hit a record high amidst strong domestic growth.
Philippines slashes special deposit account interest rate
Philippine central bank lowers its short-term SDA facility by 3.125bps.
India to snub rate cut on 31 July
This is because the 7.3% dip in June inflation was still above the expected 7%.
Headwinds for Indonesia's commodity exports loom
Depressed commodity prices and policy headwinds will weigh on exports in the immediate term, says DBS.
India's core price pressures under control for now
Declining primary and fuel prices drove the fall in inflation.
Financial literacy institute to offer free workshops
The newly launched MoneySENSE-SP Institute for Financial Literacy will educate Singaporeans on cash management and investment planning.
India rate cuts still likely before 2012 ends
The Reserve Bank of India will wait for the government to curtail fiscal deficit before it unleashes up to 50bps in rate cuts in Q412, says BBVA.
Singapore's earnings growth to rebound to 14% in 2013
Good times are back after a weak 5% growth over the past 6 quarters.
Triple reserve requirement ratio cuts loom in China
China should brace itself for three slashes of 50bps each and another interest rate cut of 25bps in 2012.
Premier Wen Jiabao gets tax cut 'wish list' from firms
To further support China’s economic growth, level of policy fine-tuning will also be slightly increased.
Downside risks to Malaysia's growth prospects loom
Investors in Malaysia still exhibit some cautious play amidst opposing sentiment from the local and global economy, says OCBC.
Thailand's import growth forecast at 15.7% yoy
This is due to the expansion still evidenced in the domestic economy, says OCBC.
Indonesia 2012 growth to plateau at 6%
The 16-year record will not be repeated.
Philippine consumer lending soars to solid growth
Consumer loans rose by 16.3% qoq largely due to 21.1% expansion in residential site loans.
China Q2 GDP drops by 1.9 percentage points YoY
But investment picked up by 23.2% in June, suggesting a stronger sector amid policy easing.
COE prices down 2.9% in June
Prices for the open category eased to SGD84,389 from SGD86,889.
Taiwan June exports suffer negative growth
This slow growth and the 1.77 June CPI should be closely monitored, despite recovery in retail trade and private consumption.
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