Economy
Singapore to overtake Japan as 2nd largest trader by 2026
Singapore to overtake Japan as 2nd largest trader by 2026
It may happen 14 years from now, but at least Singapore traders still expect the country’s trade to grow 4.8% annually over the next 5 years.
RMB liquidity to increase with Hu's visit to Hong Kong
Speculations that mainlanders will soon be allowed to open RMB accounts in Hong Kong also rise with Hu Jintao's arrival.
Vietnam's foreign investment goal "very hard to meet"
The comment came no less from the Foreign Investment Agency.
Indonesia's Sarwono says decline in commodity prices to lower imported inflation
Higher inflationary pressures, however, may be seen ahead of the Ramadan fasting month.
Malaysia's growth to remain driven by strong domestic demand
This is how the Statistic Department chief statistician of Malaysia sees it.
Average inflation in 2012 to exceed MAS’ 4.5% forecast: Nomura
But the research firm sees the risks as more balanced rather than tilted to the upside.
Manufacturing's unsustainable pickup in May to drag Q2 GDP growth
This adds further downside risks to Nomura’s 2012 GDP growth forecast of 2.7%, which is already below potential.
Change at India’s finance ministry spurs hope, says analyst
The changing of the guard has raised expectations of fast-tracking stalled policy reforms, says BBVA Research.
Can Singapore dispel the Eurozone recession?
AsiaPac economies are seen to have considerable scope to use both fiscal and monetary policy to limit the extent of any slowdown, says Ernst & Young...
Japan to raise consumption tax to 8%?
The tax hike will further dent Japanese consumers' pockets when it takes effect in 2014.
Korea's industrial production slips to 0.3%
New orders, sales, production and operation ratio have also deteriorated.
China firms up its pro-Hong Kong reforms
The mainland's central government has put forth details on a vast policy package benefitting Hong Kong trade and finance, among others.
MAS to build representative office in Beijing
The Beijing representative office is MAS' third overseas representative office.
City Harvest Church founder charged for using charity's funds for wife
Kong Hee was charged with three counts of dishonestly using the funds to finance his wife’s singing career, says Bloomberg.
Philippines' fiscal position remains strong with budget deficit at P22.8b
Further upgrades by rating agencies are certainly possible over the medium term, says DBS.
Chart of the Day: Transport CPI inflation remains high at 7.5%
‘Sky-high’ COE premium is the main culprit, says DBS.
Japan pushes out 18% sales tax hike
Consumption tax will be raised in staggered stages of 8% in April 2014 and another 10% in October 2015.
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