Economy
Daily Briefing: Five upcoming condominiums with waterfronts under $1m; Couple redefines Singapore Skyline
And KrisEnergy enters a deal to develop a Cambodian oil field.
Chart of the Day: Balance of payments surplus slips to $4.4b in Q2
It fell by $12.6b compared to the previous quarter.
Indonesia cuts reverse repo rate to 4.5%
Lendings and deposit facility rates also fell by 25bps.
Macau visitor spending grows 17.5% in Q2
But the retail sector is likely to start losing momentum.
Singapore's headline inflation rate rises 0.6% in July
Retail and water prices caused inflation to rise.
Export recovery to boost GDP growth above 3%
Electronics exports and re-export trade appear to be strengthening.
Thailand GDP grew 3.7% in Q2
It is the best growth in almost five years.
Malaysian BOP records US$2.2b surplus in Q2
Surplus in goods accounts increased its current account balance.
Malaysian real GDP grows 5.8% in Q2
Its services and manufacturing sectors have boosted the economy.
Chart of the Day: See which industries lost workers in Q2
Work Permit Holders in the manufacturing and construction sectors decreased.
Domestic wholesale trade grows 18.5% in Q2
Ship chandlers & bunkering posted the highest growth at 43.9%.
Business services sector grows 1.8% in Q2
Thanks to the professional services segments.
Singapore has solid fiscal metrics: Moody's
This is one of the reasons why the Lion City has a stable credit profile.
Philippine GDP growth hits 6.5% in Q2
Thanks to higher domestic consumption and government spending.
Singapore's consumer sentiment rebounds from pessimism
This came with the general outlook improvement seen in Asia Pacific.
Japan's exports rise by 13.4% in July
Chemicals exports led growth with 14.9% rate.
Commentary
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Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?