Economy
MAS raises headline inflation forecast to 4-4.5%
MAS raises headline inflation forecast to 4-4.5%
Singapore's central bank narrowed its forecast range from 3.5-4.5% but assuages fears by saying core inflation is bound to ease.
Central bank stands firm on current monetary policy
MAS managing director Ravi Menon said the prevailing policy stance "remains appropriate" despite grumblings of its failure to arrest inflation.
Thailand growth risks on the rise: OSK-DMG
This led the Thai central bank to cut its growth outlook for 2012 and 2013 to 5.7% and 5.0% respectively.
India restructured loan proposal to boost banking transparency
Reserve Bank of India has recommended increasing provision requirements to 5%.
Singapore to implement Basel III standards two years ahead of schedule
Singapore banks will then meet MAS’ capital adequacy requirements that are 2% higher than the Basel III global capital standards.
Exchange rate policy has its limitations, warns MAS
It can't completely contain inflation as it is not effective against housing rentals and car prices.
MAS worried when core inflation hit 3.1%
Good thing it is expected to ease to 2% by the end of the year.
Thailand's full-year growth forecast to miss BOT estimate
OCBC expects a decent 5.5% growth, or below the 6% estimate set by BOT Governor Prasarn.
Thailand economy maintains growth momentum
Trade and domestic demand data suggest the economy maintained growth momentum in April to May, says DBS.
Indonesia's rising imports contribute to widening trade balance
Imports of Indonesia have remained robust as the domestic demand-driven economy outperformed its peers, says DBS.
Resilient domestic demand keeps HK trade from crashing
Positive wage growth also had a hand in keeping trade at levels still "comfortably above" the 2008 crisis, says HSBC.
Thailand inflation to inch up to 3.4% in 2H12
Bounty rice supply, government measures and wage hikes are expected to cap inflation.
Malaysia to suffer price pressure in end-2012
Good news rice supply is at a 73% level of self-sufficiency.
Indonesia 2012 inflation to plateau to 4.6%
Blame it on the nasty weather condition.
China manufacturing PMI to surge to five-month high
China's PMI is pegged at 51.2 at start of Q3, said HSBC.
US drought to push Singapore inflation up
The second driest weather in 118 years experienced by US in June-July this year spells trouble ahead.
Taiwan's industrial production data point to weak GDP growth
June industrial production came in lower than expected at -2.4% YoY.
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