Economy
Daily briefing: Cycling safety, Mandy Wong
Daily briefing: Cycling safety, Mandy Wong
Here are the stories from around the web that Singaporeans are talking about including that challenge for a car.
Chart of the Day: Total trade up 2.9% in July
July 2012 total imports increased by 6%.
Malaysia to grapple with mounting fiscal pressure
Its debt/GDP ratio will continue to rise until 2016, predicts Fitch.
Japan's VAT hike to drag GDP growth to 0-0.5%
Higher prices of consumer goods and services will result to consumer spending falling by 3% and will trim GDP growth by 1.8ppt.
Taiwan's industrial production to slip further from 2.4% in June
Domestic trade is also likely to slump as confidence in spending weakened for four straight months.
Japan trade deficit to rocket to ¥443 billion
Blame it on rebound in oil imports, reflecting higher prices and volumes.
Thailand GDP to inch higher to 1.8%-2%
But private consumption will continue to be sluggish as flood-related spending fades.
Chart of the Day: NODX up 5.8% y-o-y in July
It’s a letdown compared to the 6.6% increase in June.
Daily Briefing: Commute delay, EPL bets
Here are the stories from around the web that Singaporeans are talking about including allowing camera phones in military camps.
Singapore NODX stampedes to Asia
Hong Kong, Taiwan and South Korea contributed most to July's NODX growth.
NODX grew a nudge slower in July
It rose just 5.8% from 6.6% in June as non-electronic NODX mellowed.
Singapore sector opportunities
Current biggest business challenges include intense competition and low margins (due to an open economy and liberal trading environment)...
The economics of a Singaporean family
There’s a little bit of an oddball crowd out there in Singapore—the type that considers moving to Johor Bahru.
Malaysia economy jumped 5.4%
Thanks to robust and resilient private consumption rising 8.8%, buoyed by tight labor market and strong income growth.
Korea's unemployment rate dips to a measly 3.1%
Thanks to the robust growth in self-employed workers, the unemployed fell 1 percentage point.
Thailand GDP to jump to 2.8%
But the country has to brace for waves of external demand woes with the lacklustre global economic outlook.
Taiwan GDP pegged at 3.2%
Blame it on sluggish exports in 2Q due to lacklustre global economic performance.
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