Economy
Bank of Indonesia struggles to keep the rupiah stable
The rupiah is currently the worst performing currency in SE Asia having depreciated by 4% against the US dollar.
Bank of Indonesia struggles to keep the rupiah stable
The rupiah is currently the worst performing currency in SE Asia having depreciated by 4% against the US dollar.
Former Singapore Central Narcotics Bureau director faces charges over alleged sexual favors
Ng Boon Gay is being accused of corruption for obtaining sexual gratification from someone seeking contracts from the bureau, says a Bloomberg report...
A gloomy economy looms in the next 3 quarters, warns economist
How badly will Singapore be hurt?
Singapore becomes more expensive for expats
Up two places since 2011, Singapore is in sixth place on the list of the most expensive cities for expatriates in the world.
China growth slows but total crash still impossible: CIMB
Nothing short of a worldwide recession will push the resilient Chinese economy to a full meltdown, says the brokerage firm.
Singapore NODX to US, Japan and China all shrivel
It's a good thing other export markets stepped up to the plate to offset the contraction in these major three.
China's April - May power demand worse than expected
The unusually weak demand is giving China’s power producers cause for worry.
Oil domestic exports grew by 22%
The y-o-y growth in May was mainly due to higher sales to Malaysia, China, and Australia.
Non-oil domestic exports up 3.2%
In May 2012, NODX rose due to an increase in both electronic and non-electronic domestic exports.
Total trade expanded by 4.6% in May
Total exports increased by 3.3% while total imports grew by 6%.
Japan public debt spinning out of control
It has reached 225% of GDP as of end-2011 and slow fiscal consolidation has forced Fitch to issue credit downgrades.
Why ASEAN Integration is Compelling for Businesses
ASEAN integration into a single market under the ASEAN Economic Community or AEC2015 initiative will foster cooperation among ASEAN member countries...
China cuts interest rates for the first time in 42 months.
But what surprised analysts more was the government’s move to give banks the flexibility to offer higher loan rates and lower borrower’s costs.
Chart of the Day: Singapore policy rates below Lehman crisis level
Should Singapore raise threshold for monetary easing?
Malaysia in dire need of revenue and expenditure reforms
The country's financial system and corporate sector have made Malaysia's large fiscal deficits and high government debt "affordable".
CPI inflation forecast to average between 3.5% and 4.5% in 2012
MAS says CPI-All Items inflation is expected to remain elevated and volatile over the coming months.
MAS says economic activity likely to remain restrained
GDP growth is expected to come in within the 1-3% range for the whole year.
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