Economy
Indonesia boosts spending budget by 15%
Indonesia boosts spending budget by 15%
Analysts worry that Indonesia will underspend as uncertainties of full disbursion arise.
Taiwan industrial production to slip 1.4%
Blame it on export orders contracting 4.4% with the weak performance in global economy.
Thailand exports slip 1.6%
Good news is that real GDP still inched higher by 4.2% despite the drag in exports.
Don't be fooled by inflation dipping to 4.1%
DBS warns that it’s largely base effect at work.
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Chart of the Day: Total trade up 2.9% in July
July 2012 total imports increased by 6%.
Malaysia to grapple with mounting fiscal pressure
Its debt/GDP ratio will continue to rise until 2016, predicts Fitch.
Japan's VAT hike to drag GDP growth to 0-0.5%
Higher prices of consumer goods and services will result to consumer spending falling by 3% and will trim GDP growth by 1.8ppt.
Taiwan's industrial production to slip further from 2.4% in June
Domestic trade is also likely to slump as confidence in spending weakened for four straight months.
Japan trade deficit to rocket to ¥443 billion
Blame it on rebound in oil imports, reflecting higher prices and volumes.
Thailand GDP to inch higher to 1.8%-2%
But private consumption will continue to be sluggish as flood-related spending fades.
Chart of the Day: NODX up 5.8% y-o-y in July
It’s a letdown compared to the 6.6% increase in June.
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Singapore NODX stampedes to Asia
Hong Kong, Taiwan and South Korea contributed most to July's NODX growth.
NODX grew a nudge slower in July
It rose just 5.8% from 6.6% in June as non-electronic NODX mellowed.
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