Economy

Why ASEAN Integration is Compelling for Businesses

Why ASEAN Integration is Compelling for Businesses

ASEAN integration into a single market under the ASEAN Economic Community or AEC2015 initiative will foster cooperation among ASEAN member countries...

China cuts interest rates for the first time in 42 months.

But what surprised analysts more was the government’s move to give banks the flexibility to offer higher loan rates and lower borrower’s costs.

Chart of the Day: Singapore policy rates below Lehman crisis level

Should Singapore raise threshold for monetary easing?

Malaysia in dire need of revenue and expenditure reforms

The country's financial system and corporate sector have made Malaysia's large fiscal deficits and high government debt "affordable".

CPI inflation forecast to average between 3.5% and 4.5% in 2012

MAS says CPI-All Items inflation is expected to remain elevated and volatile over the coming months.

MAS says economic activity likely to remain restrained

GDP growth is expected to come in within the 1-3% range for the whole year.

Desperate China cuts interest rates

The People's Bank of China cut 25bp in interest rates to re-ignite growth, lift falling inflation and cope with global weakness.

Singapore to suffer much more than peers from a disorderly Greek exit

Moody's Analytics presents two worst-case scenarios and Singapore’s production sector is poised to fall by more than the Asian average.

Former Civil Defence Force commissioner charged with 10 counts of corruption

Peter Benedict Lim Sin Pang allegedly obtained sexual gratification from three women in exchange for favoring their companies in awarding contracts...

China's blistering credit growth loses steam

Credit growth decelerated for the first time since 2008 and should pile on more pressure to the economy.

Skyrocketing fees make Singapore cars pricier than US homes

At S$86,889 just for a permit, the total price of a 2012 Volkswagen Passat in Singapore is about the same as a home in the US suburbs, says a...

Philippine exports unlikely to experience rebound

Good news is net exports provided 5.2pp to headline growth but the bad news- the bounce is likely due to a restocking cycle.

Why is Indonesia facing further funding risks?

Its April trade balance dipped into a $641bn deficit and could put the country's funding flows in a bind.

China SMEs fear insufficient access to credit facilities

Growing credit card use among local buyers is also causing frequent payment delays.

No sigh of relief yet for Malaysia's export industry

 A 1.6% improvement from April's export performance is in the offing but analysts say this "growth" is largely the result of low base effect.

What's fueling the Thai inflation spike?

Flood rebuilding spending in the billions is pushing up the prices of Thai goods and services, says OSK-DMG.

Getting past the economic blame game

Economies need to go through the three phases of crisis before enacting the mandate for change. But where does Singapore and its micro economy stand...