Economy

Rate cuts looming as India struggles with fiscal consolidation

India will likely fall short of its fiscal targets and prompt rate cuts of up to 100bps in FY13, says RBS.

Whatta Surprise! Non oil domestic exports surged 30.5% in Feb

Electronics also staged a comeback with shipments rising a healthy 23.3% yoy.

Growth outlook in India remains weak

This as the Reserve Bank of India keeps the policy rate as is.

9,990 Singapore workers were laid off in 2011

That's higher than the 9,800 firings in 2010, but the bigger question is: How fast did they find work?

Guess who's still hiring in Singapore?

The services sector continues its hiring spree with another hundred-thousand new jobs in 2011 but manufacturing is in stasis mode.

Real average earnings grew a miniscule 0.7%

Skyrocketing inflation and an ever-tightening labor market to be blamed for the pittance of progress.

6 out of 10 executives cautiously optimistic about 2012

It's a reversal from the same survey in 3Q which says that 7 out of 10 are pessimistic.

Raging inflation, cooling growth double-punches Singapore in Q1

As if anemic manufacturing wasn't enough, Singapore's goods will also stay pricey in the first quarter, said OCBC.

Singapore is 3rd most competitive city in the world

It lost to two Western financial hubs, but beat out regional rivals, Hong Kong and Tokyo.

Philippine government reduces debt as budget deficit shrinks

Perhaps Greece could take note of how the new Philippine government is ramping up tax collections.

Indian trade deficit widens as export growth decelerates

Trade deficit for February widened to US$15.2bn or 9.7% of GDP.

Job ads down by 10% in Q411

Bankers had the most difficulty in hunting jobs.

Nasty inflation to nag Asia in 1H12

Singapore and the rest of the region face pesky price jumps in oil and food.

Will China's export growth bottom out by March?

February exports posted a strong yoy rebound that may soon lead to a steady rise.

Singapore amid a shifting economic landscape

Singapore’s economy is often cited as Asia’s “coal mine pigeon”; although Singapore is a smaller and newer economy than its counterparts (China...