Economy
India GDP growth expected to dip to 6.1%
India GDP growth expected to dip to 6.1%
Good news domestic demand is expected to stay robust with a record-low 5.75% policy rate.
Daily Briefing: CHC members allegedly funding Pastor's legal fees, LTA and SMRT spending S$10m on hearings
Here are the stories from around the web that Singaporeans are talking about.
Further 25bps rate cut looms in Korea
Inflation rapidly easing to 1.5% provides room for Bank of Korea to cut rates to 3%.
Chart of the Day: Retail expects drop in business volume
This is mainly because of the decrease in promotional activities as compared to the quarter that had the Great Singapore Sale.
Singapore growth will trail behind three Tiger Cubs
Thailand, Malaysia and Indonesia simply have better policy support, says Morgan Stanley.
What you need to know about Singapore's annuity scheme
An annuity scheme is a type of mutual help programme: a group of people pay a lump sum into a common fund and are then entitled to receive a monthly...
Malaysia’s credit profile in trouble
Deterioration in public debt ratios, low and energy-dependent revenues, and structural weaknesses weigh on Malaysia’s credit profile, warns Fitch.
Daily Briefing: Medal controversy, MOM issues stop work order for worksite following collapse
Here are the day’s stories from around the web that Singaporeans are talking about including that Mentos campaign.
Chart of the Day: No change for services sector
Guess which industry believes the business climate will be less favourable in the second half of 2012.
Social service salaries hiked by up to 15%
Added remuneration should keep Singapore social service professionals competitively compensated.
Korea inflation rockets for four straight months
Price hikes edged inflation higher to 2.73% yoy in July compared from June's 2.56%.
Korea exports slip hits three-year low
Blame the 8.8% decline on massive slump in bulk value of ship exports.
Asian PMIs down
The only good news came from Indonesia, whose PMI improved from the previous month and stayed in expansion territory.
Possibility of rate cut in Korea rises
Growth is slowing more than expected while the predicted recovery is being delayed, says DBS.
Daily Briefing: What did a Singaporean do to be fined S$4,710?
Here are the day’s stories from around the web that Singaporeans are talking about.
Indonesia exports further slumps 16.4%
To make matters worse, trade deficit widens to a whopping $1.3bn.
India manufacturing index dips to 52.8
Blame it on nasty power outages and depressing export demand said HSBC.
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Commentary
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