Economy
Chart of the Day: Trade related services turn sluggish
DBS says trade related services segments were affected by external headwinds.
Tax-deductible donations peak to 10-year high
Donations reached a record-breaking $896m in 2011 as corporations redoubled their efforts to charitable giving.
Singapore shockingly a more expensive location than Paris and Berlin
But in the Asia rankings of the most expensive locations for international assignees, Singapore is overtaken by Beijing and Shanghai.
High inflation and low GDP growth worsens outlook in Taiwan
Hikes in fuel and electricity prices led to a CPI of 1.6%, throwing the Taiwan central bank at a tight juncture between low growth and high inflation...
Borrowings by self-employed Koreans could threaten bank stability
More Koreans are loaning to pay for their living expenses, with the self-employed incurring much higher debt than households in general.
Singapore welcomes Mexico to Trans-Pacific Partnership negotiations
MTI is confident Mexico will contribute positively to the TPP’s aim of a high-ambitioned and comprehensive trade agreement.
Bad news ahead for Taiwan
More downgrades by market analysts are expected as exports orders likely to have declined.
Chinese president endorses policy easing
Recent remarks from President Hu backing a broad-based policy easing signals a strong likelihood for new growth-stimulating measures.
How resilient is Singapore to global shocks?
Here is what Moody's has to say.
India's central bank urges government to stimulate growth
The Reserve Bank of India left the repo rate unchanged at 8% and the cash reserve ratio steady at 4.75% despite market predictions.
North Eastern Singapore SMEs to receive free business consults
Business owners will be coached on how to secure grants and other government aid schemes.
Indonesia's local mining industry faces monthly loss of US$164m
New ruling on mineral ore exports on top of a 20% tax has led to severe declines in the industry.
Hong Kong inflation in May projected at 4.3%
There is expected easing of inflation measured by the CPI from 4.7% in April.
Malaysia government spends close to US$428m in aid
About 473,928 recipients from low income groups benefited from the government's 1Azam programme, an effort to fight poverty.
Taiwan's GDP growth to fall below official expectations
DBS says export orders data will show that overseas demand has continued to contract for the fifth month in a row.
China could gift Hong Kong with RMB policy easing package
Buzz is building that the mainland might relax RMB daily conversion limits on the eve of Hong Kong's 15th handover anniversary.
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