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AseanPlus News 11 Aug 2006 | 12:00 AM Premium

Economic growth upped

THE Singapore economy grew 8.1% in the second quarter of this year, prompting the Ministry of Trade and Industry (MTI) to revise its forecast for 2006 upwards yesterday.

Business 02 Sep 2005 | 12:00 AM Premium

Indon president under fire

Indonesians charged on Thursday that their president was not doing enough to ward off economic turmoil after a policy announcement that contained few concrete measures to bolster a sagging currency.

Business 11 Jun 2007 | 12:00 AM Premium

Making statistics credible, accessible

Commenting on perceptions of official inflation statistics, Enrico Giovannini, chief statistician for the Organisation for Economic Cooperation and Development (OECD), is reported in a recent issue of I>Time/Ias saying that 'an economy cannot function if half the people think that inflation is at 100% and the other half think that it's at 2%.'

Business 14 Jul 2005 | 12:00 AM Premium

NZ annual inflation remains at 2.8%

Rising gasoline prices and housing costs pushed New Zealand's inflation rate higher in the second quarter, but the 2.8 percent annual inflation rate remained constant, official data showed Thursday.

Business 12 Jul 2005 | 12:00 AM Premium

NZ business confidence down sharply

Business confidence declined sharply in New Zealand in the quarter that ended June 30, hitting its lowest level for more than two years, a new survey reported Tuesday.

Business 15 Jul 2005 | 12:00 AM Premium

OSK-UOB fund draws over RM245m

OSK-UOB Unit Trust Management Bhd#039;s Capital Guarantee Fund Series 2 (CGF2) has attracted investments in excess of RM245mil in just over a month since its launch.

Business 19 Dec 2007 | 12:00 AM Premium

Japan projects 2% in fiscal 2008

TOKYO (AP) - The Japanese government left its economic growth projection for next fiscal year at 2 percent Wednesday even as the economy minister warned that target would be hard to reach if the U.S. economy slows and oil prices remain high.

AseanPlus News 30 Apr 2007 | 12:00 AM Premium

Bank reserve ratio up again

CHINA has raised the amount of money banks must hold in reserve for the fourth time this year, reducing the amount available for lending in a new effort to cool an investment boom.

Business 17 Jan 2007 | 12:00 AM Premium

StanChart expects lower interest rates in second half

Standard Chartered Bank expects the Malaysian overnight policy rate (OPR) to be cut in the second half of 2007 if the inflation rate is below 3%.

AseanPlus News 21 Apr 2007 | 12:00 AM Premium

Interest rates may be raised further

THE release on Thursday of China's key economic figures has prompted market speculation that authorities might once again raise interest rates to maintain stable growth.