07 March, 2016
As appeared in Bloomberg
Senior Fellow of the CIMB ASEAN Research Institute Pauline Loong spoke on Bloomberg about the big gap in China’s policy blueprint for the next five years. She pointed out that notably missing from the outline of China’s Five Year Plan is any mention of strategies to deal with possible large-scale capital outflows once the currency barrier is dismantled, as envisioned in the push for renminbi globalization.
HIGHLIGHTS July 2018 BI meeting Bank Indonesia kept its 7-day Reverse Repo Rate (7DRRR) at 5.25% after the 100bp increase in May-June. BI sees the weaker net export position as a drag on overall
Photo Credit: Reuters Economy, Investment and Trade China initiated anti-dumping investigation on stainless steel imports from Indonesia, EU, Japan and South Korea (23 July 2018) China launched an anti-dumping investigation on stainless steel
HIGHLIGHTS June 2018 consumer price inflation Both headline and core inflation decelerated sharply in June (+0.8% yoy and +0.1% yoy, respectively) following the zero-rating of GST on 1 June. All but transport components saw
HIGHLIGHTS June 2018 trade Total trade growth eased in June on the back of fewer working days, while moderating import growth brought the trade balance back to a surplus of US$1.7bn. Export growth was
Photo Credit: The Financial Express Economy, Investment and Trade China is ASEAN’s largest trading partner for the ninth year in a row (18 July 2018) China’s vice-minister of commerce Gao Yan said that
HIGHLIGHTS 2Q18 GDP growth (advance estimates) Singapore’s economy lost speed in 2Q18, expanding 3.8% yoy (+4.3% yoy in 1Q18) and 1.0% qoq SAAR (+1.5% qoq SAAR in 1Q18). While manufacturing remains a key engine
Holistic policy approach and adequate safety nets imperative to withstand possible crisis in ASEAN while structural reform is key to long term financial resilience Kuala Lumpur, 18 July 2018 – Experts cautioned that the
HIGHLIGHTS 2019 Budget Consultation Fiscal reforms in Budget 2019 are aimed at promoting sustainable, equitable and inclusive growth while ensuring credibility, accountability and transparency. Cost cutting is not the government’s only focus, as economic
HIGHLIGHTS July MPC meeting: Staying the course The Overnight Policy Rate (OPR) was held at 3.25% for the third meeting in a row, policy continuity was signalled under new BNM governor Datuk Nor Shamsiah.
Photo credit: Photostock Economy, Investment and Trade Chin State government is developing two major cities in Chin into industrial zones (6 July 2018) The Chin State of Myanmar will be developing industrial zones in