Economy
Philippines government spending rocket 21.8%
Philippines government spending rocket 21.8%
Total expenditures growing to PHP162.6b is the fastest rate this year.
Indonesia fiscal deficit to inch up to 1.9% of GDP
This is due to slippage on operating expenses and 'ambitious' revenue aims.
China's flash manufacturing index crashed to nine-month low
Blame the 47.9 index point on weak export orders and nasty output index.
Reversing our demographic decline
Singapore has the second lowest birth rate in the developed world. (The lowest is held by our perennial city rival, Hong Kong.) And in a rare note of...
Philippines remittance growth hits 15-month low
Blame the measly 4.2% growth on Eurozone and Middle East crises.
Taiwan boosts 2013 budget proposal to TWD 1.94trn
But budget deficit is expected to rise to TWD 214bn.
Chart of the Day: Stagflation fears eased amid subdued July price increases
Inflation rose by a slower 4% YoY in July from 5.3% in June.
Singapore inflation slips to 4%
Thanks to moderate increases in accommodation, transport and oil costs.
Government to rein in private vehicle appetite: DMG-OSK
COE premiums threaten to spike inflation so government will suppress vehicle demand.
Why it's critical for Singapore to cut rates
Singapore faces the weakest growth and highest inflation in South East Asia, says DBS.
Taiwan consumer confidence slips 1.3 percentage points
This is despite the stable labor market struggling to offset slowdown in manufacturing.
Singapore to breathe sigh of relief with 4.1% inflation
But growth will slow further if policies are aimed at trageting inflation, warns analyst.
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.
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