Economy
Chart of the Day: Increase in food prices eases
Chart of the Day: Increase in food prices eases
Food prices show signs of easing in the first half of 2012, says the Retail Price Watch Group.
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Singapore food prices bucked global spike of 2011
Consumers should thank the appreciating Singapore dollar and food importers.
Food inflation tempers to 2.3% in June
Food inflation eased from 3.8% in January as commonly bought items cheapened.
Singapore companies invested US$22.6b overseas in 2011
That's a doubling of outbound FDI since 2004, but still down from a record 2007.
Singapore companies' earnings beat expectations by 9.6%
But excluding the volatile Real Estate sector, the beat is only 3.5%.
Indonesia GDP hits better-than-expected 6.4%
Thanks to robust consumption and investment that countered weak net exports.
Taiwan inflation hits new high in July
Headline inflation jumped to 2.5% y/y from 1.8% in June.
Growth momentum likely to be slower than anticipated
DBS cited the tightening measures on foreign labour as a factor that could have suppressed growth momentum.
GDP growth forecast pegged at 2.3% for 2012
Analysts are waiting to see is if the Chinese growth slowdown and Eurozone debt crisis stabilize by the fourth quarter.
Inflation rising to 2.46% takes Taiwan by surprise
Blame it on the nasty weather condition resulting to higher food prices.
Malaysia to suffer MYR 5.2b trade surplus
Import sales are expected to hit a 9.5% rise as exports growth moderates to 3.6%.
Philippine inflation to inch up to 3.1%
Thanks to lower oil prices and well-behaved food prices that brought down healding inflation.
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.
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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.
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