Economy
Finance sector the only bright spot in Singapore’s lacklustre labour productivity growth
The construction sector led the decline.
Growth outlook still muted despite surprise GDP uptick
Due to the labour crunch and patchy global growth.
Budget 2015 expected to be a “crowd-pleaser”, says OCBC
Education, healthcare, and retirement policies are in focus.
Chart of the Day: This graph shows the extremely wide gap between productivity and employment growth
Productivity is still negative.
MAS unlikely to ease again in April policy meeting, says HSBC
Although other banks have become more dovish.
Malaysia’s inflation expected to ease to 1.9% YoY
Down from 2.7% last month.
BOK raises concerns over household debt
They held rates steady at 2.00%, as a result.
1 in 2 SMEs now collecting revenue from overseas
Locally, they can only do so much.
Exports to Hong Kong plunged 21% in 2014
Due to much lower electronics sales.
Labour productivity slips for the third straight quarter with 1.5% contraction in Q4
Productivity from almost all sectors dipped last quarter.
Thailand’s private consumption and investment growth still below potential
GDP growth came in at 2.3%, just a little short of forecast.
Singapore economy grew 2.9% in last year, down from 4.4% in 2013
The financial sector was the best performer.
Median household income from work grew 5.3% in 2014: SingStat
Monthly household income now stands at $8,290.
India’s inflation and production numbers remain subdued
Further rate cuts are to be expected.
India’s inflation and production numbers remain subdued
Further rate cuts are to be expected.
Domestic household debt still on the rise despite policy curbs
Household debt stood at 76.3% of the GDP in Q3.
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