Economy
Chart of the Day: Total trade reached S$80b in July
On a SA basis, total imports contracted by 5.5%.
Chart of the Day: Total trade reached S$80b in July
On a SA basis, total imports contracted by 5.5%.
Thailand drops export growth target to 9%
But Finance Minister Kittiratt said that the government's 7% growth target stands pat.
India inflation slips to a measly 9.86%
Looks like fuel inflation created by hike in administered prices delivered positive effects.
Korea external debt surge to USD 6.1b
Blame it on the rise in short term debt amid favorable financing conditions.
Taiwan balance of payments slip to USD 3.1b
Thanks to adjustment of imports offsetting the exports slowdown.
Indonesia boosts spending budget by 15%
Analysts worry that Indonesia will underspend as uncertainties of full disbursion arise.
Taiwan industrial production to slip 1.4%
Blame it on export orders contracting 4.4% with the weak performance in global economy.
Thailand exports slip 1.6%
Good news is that real GDP still inched higher by 4.2% despite the drag in exports.
Don't be fooled by inflation dipping to 4.1%
DBS warns that it’s largely base effect at work.
Daily briefing: Cycling safety, Mandy Wong
Here are the stories from around the web that Singaporeans are talking about including that challenge for a car.
Chart of the Day: Total trade up 2.9% in July
July 2012 total imports increased by 6%.
Malaysia to grapple with mounting fiscal pressure
Its debt/GDP ratio will continue to rise until 2016, predicts Fitch.
Japan's VAT hike to drag GDP growth to 0-0.5%
Higher prices of consumer goods and services will result to consumer spending falling by 3% and will trim GDP growth by 1.8ppt.
Taiwan's industrial production to slip further from 2.4% in June
Domestic trade is also likely to slump as confidence in spending weakened for four straight months.
Japan trade deficit to rocket to ¥443 billion
Blame it on rebound in oil imports, reflecting higher prices and volumes.
Thailand GDP to inch higher to 1.8%-2%
But private consumption will continue to be sluggish as flood-related spending fades.
Chart of the Day: NODX up 5.8% y-o-y in July
It’s a letdown compared to the 6.6% increase in June.
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