Economy
Incredible industrial production figures may lift the odds of technical recession
Industrial production output may have grown by 9.4% in July.
Incredible industrial production figures may lift the odds of technical recession
Industrial production output may have grown by 9.4% in July.
Fitch confident about Singapore banks’ resilience
The ratings firm said Singapore banks are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global economy.
Asia’s GDP growth to slow down to 6.9%
UBS says the growth of small Asian economies will likely ease towards 3% next year.
Japan’s sovereign credit rating downgrade to Aa2 is not surprising: DBS
After all, Japan’s outstanding public debt equivalent to 200% of GDP is already the world’s highest.
China may have 9% GDP growth in 2012
And annual average of CPI inflation could be 4%.
Presidential Election Update: 26 August is Cooling-off Day
No campaigning and election advertising shall be allowed on the eve of the election.
Transport costs speed up inflation
With transport costs rising by 11.5% in July, inflation accelerated to the fastest pace since January.
Taiwan’s industrial production up by 2.4% in July
Domestic demand growth remains impressive with retail sales rising by 1.3%.
Singapore’s inflation rises to 5.4% in July
HSBC says the unexpected rise was driven by costlier housing, transport and food.
“The world is your oyster”: MOS Teo Ser Luck
The Minister of State for Trade and Industry said entrepreneurs should not be constrained by Singapore’s small domestic market.
China’s flash manufacturing PMI rises to 49.8% in August
HSBC says recent export growth was strong, with shipments expanding by 22% y-o-y in 2Q.
Thailand's 2.6% GDP in Q2 2011 disappoints expectations
The expenditure breakdown shows private consumption contracted by 1.3% QoQ.
Swap offered rate turns negative for the first time
But the majority of mortgages and commercial loans are not linked to the SOR but rather to the Singapore Interbank Offered Rate, so don’t fret.
July non-oil domestic export figure ‘distorted’
Singapore is not heading to a technical recession, says DBS.
What you need to know about the South Asian economy
If US tips into recession, it would directly hit exports from Asia and indirectly dent confidence and spending.
Will the economic woes in the West take its toll on Asia?
Singapore’s volatile economy made its growth rate decelerate abruptly year-on-year between Q1 and Q2.
Domestic wholesale trade grew 13.4% in Q2 2011
And foreign wholesale trade also expanded by 14.7% year-on-year.
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