Economy

Philippine inflation inches up to 3.2%

Philippine inflation inches up to 3.2%

Blame it on increasing housing prices and recent weather-related shocks.

Japan's current account hits surplus for fifth month

Thanks to lower oil prices that drove surplus to 433 billion yen.

Malaysia exports plateaued by 5.4%

Imports growth also slowed 3.6% resulting to a larger trade surplus.

Inflation in Thailand up to a four-month high

The 2.73% figure in July was driven by higher fuel prices.

Indonesia's economic growth picks up

This is on the back of a strong 30.2% growth for total foreign direct investments in the second quarter.

GDP growth forecast stands at 2.3% for 2012

Growth for the second quarter may be revised upwards due to the rise in June industrial production.

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Here are the stories from around the web that Singaporeans are talking about including what a former presidential hopeful did that drew flak.

Chart of the Day: GDP growth slows

Singapore has narrowly averted a contraction, thanks to the pharmaceutical industry.

Philippine fiscal deficit hits PHP34.5bn

This is below government's target of PHP109.3bn.

EU deleveraging most likely to impact Singapore

Blame it on their high levels of borrowing from European banks.

Singapore's IP outturns 'notoriously volatile': BBVA

The Euro crisis badly hurt Singapore's industrial production which fell sharply to 4.5%.

Ballooning government spending looms in Malaysia

Policies on government money must be addressed to offset spending, Fitch advised.

Taiwan exports slip 11.6%

Falling demand from US, Europe and China dragged the country's July trade data.

Bank of Korea to slash rates again to 2.75%

Blame it on consistently nasty economic conditions that pressure BOK to add stimulus.

China PMI slips further to 50.1

Good news industrial production is expected to inch up to 10.2%.

China must boost consumption: MorganStanley

Inflation, banking crises and slowing profit growth are economic symptoms which can still be remedied.

Singapore struggles with stagflation

Singapore will be home to the weakest growth and one of the highest inflation rates in Southeast Asia, says DBS Group Research.