Economy
Philippine remittances suffer from currency strength
The Philippine Peso has strengthened by close to 6% against other currencies since early 2010.
Philippine remittances suffer from currency strength
The Philippine Peso has strengthened by close to 6% against other currencies since early 2010.
Japan’s GDP shrinks 1.3% in 1Q11
The contraction was led by exports of good and services which dropped by 4.9%.
What to do with Asian central banks’ FX reserves?
In May 2011, roughly 33% of non-Japan Asia reserves were parked in US treasuries.
"Even more important than physical investments is our people": Prime Minister
PM Lee Hsien Loong talked about building the sense of being Singaporean, of ownership and belonging, during the National Day Rally.
Indian monthly trade deficit widened to US$11.1b in July
Trade deficit is expected to stay in the range of 7-8% of GDP.
Brace yourselves for a looming recession, warns analyst
The global index is down by 16% since August 1 and by 19% since it peaked in late April.
Analyst warns Asia on threats from a 9% risk to earnings in 2012
That is if earnings from a 1% lower G10 GDP growth where the base case is 2.4% becomes reality.
Presidential Election Update: Four candidates certified to run
The Committee received six applications and issued certificates based on integrity, good character and reputation.
Fogged up: Downside risks obscure trade outlook
The total trade 2011 forecast has been narrowed from 8-10% to 9-10%, but risks like sovereign debt in the US continue to be a concern.
Shutting down: Waning electronics demand hurts exports
Domestic exports of electronics dropped by 14% in the second quarter.
Philippine exports plunged 10.2% in June
Electronics exports, which account for more than 50% of total exports, contracted 23.9%.
Oiling the wheels of trade: High oil prices boost oil trade by 29%
Oil prices will likely hover around the $100-110 per barrel range.
Total trade jumps to S$245b
Thanks to increases in both oil and non-oil trade in the second quarter.
Singapore to benefit from China’s sustained GDP growth
But companies should capitalize on key emerging trends and ride with the market leaders to outperform.
46% of accountants confident in Singapore’s importance as a global financial hub
36% say that their city had become ‘much more important’ as a financial centre.
China’s CPI to be around 6% in August
And manufacturing PMI could weaken further, possibly falling below 50.
Manufacturing shrinks by 5.9%
The culprit was the decline in biomedical manufacturing output in the second quarter.
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