Economy
Chart of the Day: Total trade up 2.8%
Chart of the Day: Total trade up 2.8%
Total imports increased by 6.2% in June 2012, says IE Singapore.
NODX shifts weight to Hong Kong, EU and Indonesia
These emerged as the top three contributors to NODX expansion in June while China, Thailand and Latin America weakened anew.
NODX nudges up 6.8% in June
Non-electronic NODX in particular went into overdrive as pharmaceuticals, specialised machinery and printed matter all grew by double-digits.
China headed for long-term structural imbalance: Fitch
Renewed reliance on investment to support activity threatens to prolong the Chinese economy's structural imbalances.
3 in 10 Singaporeans worry that Singapore is in recession
And 46% say their finances will be hurt in the next 12 months.
Stingy Singaporeans to cut spending this year
Seven out of ten say they will cut spending, half of them see dim job prospects.
Singapore exports to US, EU, China still lackluster
NODX shipments only rose 0.5-1.6% in 1H12.
Indonesia GDP growth forecast at 6% yoy
Latest domestic car sales hit a record high amidst strong domestic growth.
Philippines slashes special deposit account interest rate
Philippine central bank lowers its short-term SDA facility by 3.125bps.
India to snub rate cut on 31 July
This is because the 7.3% dip in June inflation was still above the expected 7%.
Headwinds for Indonesia's commodity exports loom
Depressed commodity prices and policy headwinds will weigh on exports in the immediate term, says DBS.
India's core price pressures under control for now
Declining primary and fuel prices drove the fall in inflation.
Financial literacy institute to offer free workshops
The newly launched MoneySENSE-SP Institute for Financial Literacy will educate Singaporeans on cash management and investment planning.
India rate cuts still likely before 2012 ends
The Reserve Bank of India will wait for the government to curtail fiscal deficit before it unleashes up to 50bps in rate cuts in Q412, says BBVA.
Singapore's earnings growth to rebound to 14% in 2013
Good times are back after a weak 5% growth over the past 6 quarters.
Triple reserve requirement ratio cuts loom in China
China should brace itself for three slashes of 50bps each and another interest rate cut of 25bps in 2012.
Premier Wen Jiabao gets tax cut 'wish list' from firms
To further support China’s economic growth, level of policy fine-tuning will also be slightly increased.
Read Here
Advertise
Sign Up
Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data