Posted on August 25, 2008 by agneschaw
BANGKOK : Thai economic growth dropped to 5.3 per cent in the second quarter of 2008, official figures showed Monday, as political uncertainty, soaring inflation and weak domestic demand hit the kingdom.
The National Economic and Social Development Board said gross domestic product (GDP) growth at an annual rate was down from a revised 6.1 per [...]
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Posted on August 25, 2008 by agneschaw
SINGAPORE – Singapore’s annual inflation rate was 6.5 per cent in July, easing from record highs in the previous three months, official data showed Monday.
The July rate fell from 7.5 per cent, a 26-year peak recorded in April, May and June.
The Department of Statistics (DOS) said July’s consumer price index (CPI) increased primarily because of [...]
Filed under: About Singapore, Economy, General, Government, Investment, News : Channel News Asia | 1 Comment »
Posted on August 25, 2008 by agneschaw
Repossession orders in H1 jump 48% as price slide continues
By JANE MOIR IN LONDON
HOME repossessions have surged to a 12-year high in the UK, as lenders take a tough line on debt-ridden owners. And the outlook for the rest of the year looks bleak, as house prices continue to fall.
Figures released by the Council of [...]
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