Singapore’s inflation accelerated more than economists estimated in March, justifying the central bank’s decision to tighten monetary policy this month.
The Philippine economy likely grew at least 5.2 percent in the first quarter, the fastest pace in more than a year, according to the nation’s president.
Indonesia’s rupiah fell to the weakest level since February on concern the largest trade deficit in nine months will weigh on the current account.
Thailand’s central bank lowered its growth forecasts as floods began overwhelming the capital of Southeast Asia’s second-largest economy, raising the odds of an interest-rate cut in the coming months.
"The Philippine economy could probably gain by allowing more rice imports, freeing up national resources to be directed towards other things."
- Edward Teather on Jul 07, 2014