Economy
Dependent privileges lowered for work pass holders
Dependent privileges lowered for work pass holders
Various pass holders may no longer bring parents, parents-in-law or sponsor the stay of spouses and children if earning below $4,000.
Philippine May exports overshoot to 19.7%
The actual export numbers were roughly three times more than the 6.5% growth predicted by the market.
India sales momentum slumps to 15.3%
Consequently, the June 2012 quarter sales is expected to show a 6.2% decline.
Korea to suffer weak growth starting 2H12
Will the USD7.4bn worth of stimulus measures boost the economy against looming low rates?
Singapore diplomats were 'impartial observers' to Malaysia’s Bersih 3 rally
How bad did it get for Singapore-Malaysia ties when rumors of their active participation sparked?
China inflation sharply dips to 2.2%
PPI dropped as well to -2.1% y-o-y from -1.4% in May.
Japan's account balance deteriorating
The current account registered a surplus of JPY 282bn in May, marking the lowest over the past four months.
Death Penalty no longer automatic for drug-related and murder cases
Offender's fate is now at the hands of the presiding judge.
Sluggish Taiwan exports persist
June exports came in lower than expected at -3.2% YoY.
Singapore cracks down on immigration marriages
Government is planning to criminalize unions made for the purpose of obtaining entry visas and permanent residency qualifications.
Indonesia June consumer confidence index soars to 114.4
Indonesia reached a 5-month high despite 8% slip in May retail sales growth.
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.
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