Economy

Sluggish Taiwan exports persist

Sluggish Taiwan exports persist

June exports came in lower than expected at -3.2% YoY.

Singapore cracks down on immigration marriages

Government is planning to criminalize unions made for the purpose of obtaining entry visas and permanent residency qualifications.

Indonesia June consumer confidence index soars to 114.4

Indonesia reached a 5-month high despite 8% slip in May retail sales growth.

Malaysia's May trade surplus sinks to decade-low MYR4.6b

Robust 16.2% growth of imports buoyed the dramatic dip.

Indonesia fuel subsidy to more than double in 2H12

Government projects fuel subsidy to swell to $23.1b, raising concerns on deficit target.

Bank of Japan unlikely to revise down assessment of economic outlook

No policy change is expected, says DBS, with BOJ raising its economic view on all regions of the country during the regional economic report for 2Q.

Singapore economy likely back into the red in 2Q

Advance GDP estimates for 2Q is due this Fri but DBS worries over sluggish global demand and cyclical drop in pharma output.

Korea proposes W8.5 trillion to stimulate fiscal spending

Should Korea make a move to cut interest rates too?

Philippines on track to reach economic target

Economic expansion is still on track to reach the government’s target of 5-6% despite an external drag on growth in 2H, says DBS.

Indonesia screws fuel price hike

An adjustment in BI's interest rate might not be necessary with a projected inflation of 5% yoy.

A more sluggish production profile awaits Malaysia

Risk on the industrial production figure is on the downside given the recent deterioration in the global growth outlook, says DBS.

Vietnam businesses struggle with unreasonable loan interest rates

The five-time policy rate cut recently thus seems futile.

Worries over Singapore's wage gap intensify

Professor Lim Chong Yah's call to greatly reduce Singapore's rich/poor wage gap as a matter of national urgency, has aroused much interest - he is...

China further slashes lending rate by 31bp

But what came as a major surprise was that banks were allowed to set their lending rate as much as 70% lower than the limit.

Macroeconomic conditions in Taiwan remain unfavorable

Growth should have stayed below potential in 2Q and is expected to continue doing so in 3Q, says DBS.

India trade deficit narrowed to USD13.5 in May

Commodity prices fell from October last year and t was not until April and May that non-oil imports fell sharply.

I don't: Divorces in Singapore on the rise

The number of marital dissolutions such as divorces and annulments rose from 7,338 in 2010 to 7,604 in 2011.