Economy
Malaysia's May trade surplus sinks to decade-low MYR4.6b
Malaysia's May trade surplus sinks to decade-low MYR4.6b
Robust 16.2% growth of imports buoyed the dramatic dip.
Indonesia fuel subsidy to more than double in 2H12
Government projects fuel subsidy to swell to $23.1b, raising concerns on deficit target.
Bank of Japan unlikely to revise down assessment of economic outlook
No policy change is expected, says DBS, with BOJ raising its economic view on all regions of the country during the regional economic report for 2Q.
Singapore economy likely back into the red in 2Q
Advance GDP estimates for 2Q is due this Fri but DBS worries over sluggish global demand and cyclical drop in pharma output.
Korea proposes W8.5 trillion to stimulate fiscal spending
Should Korea make a move to cut interest rates too?
Philippines on track to reach economic target
Economic expansion is still on track to reach the government’s target of 5-6% despite an external drag on growth in 2H, says DBS.
Indonesia screws fuel price hike
An adjustment in BI's interest rate might not be necessary with a projected inflation of 5% yoy.
A more sluggish production profile awaits Malaysia
Risk on the industrial production figure is on the downside given the recent deterioration in the global growth outlook, says DBS.
Vietnam businesses struggle with unreasonable loan interest rates
The five-time policy rate cut recently thus seems futile.
Worries over Singapore's wage gap intensify
Professor Lim Chong Yah's call to greatly reduce Singapore's rich/poor wage gap as a matter of national urgency, has aroused much interest - he is...
China further slashes lending rate by 31bp
But what came as a major surprise was that banks were allowed to set their lending rate as much as 70% lower than the limit.
Macroeconomic conditions in Taiwan remain unfavorable
Growth should have stayed below potential in 2Q and is expected to continue doing so in 3Q, says DBS.
India trade deficit narrowed to USD13.5 in May
Commodity prices fell from October last year and t was not until April and May that non-oil imports fell sharply.
I don't: Divorces in Singapore on the rise
The number of marital dissolutions such as divorces and annulments rose from 7,338 in 2010 to 7,604 in 2011.
Malaysian central bank holds firm on rate cuts
It cited strong domestic demand and robust investment spending as providing enough buffer against the growing global financial turmoil.
Korea GDP recovery to remain busted in 2H12
A mild recovery of an average 3.5% in 2H12 still remains below the 10Y trend growth of 4.1%.
Taiwan exports improvement barely significant
Flipside risks still prevail amid export increase of less than 2% of GDP.
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