Asia
Fears abound as Philippine exports plummet 15.1% in August
And it seems like September’s export growth won’t be doing good as well.
Fears abound as Philippine exports plummet 15.1% in August
And it seems like September’s export growth won’t be doing good as well.
China to overtake the US as the largest trading nation in the world by 2025
As Chinese trade volume is expected to grow an amazing 146% in 14 years’ time.
China's GDP may have surged 9.4% in 3Q11
It's time to scrap those thoughts of a hard landing in China as trade surplus for July and August totaled a whopping US$48.2b.
Asian executive pay surpasses European levels
Yet concerns on pay inflation in Asia resulting from rapid growth, leadership shortages and inflation surface.
Indonesia’s GDP rises 6.5% in 2Q11
However, inflation pressures are still lurking as August core inflation reached a two-year high of 5.2% y-o-y.
India’s GDP up 7.7% in 2Q11
The country’s economy has slowed a little more as private consumption growth eased to 6.3% from 8% in 1Q11.
Taiwan’s inflation may have risen 1.5% in September
Standard Chartered expects core inflation to trend higher as housing costs rise.
Asian property investors are the most conservative globally—survey
Economic uncertainties and tightened credit line tame appetite for risk.
China’s economy to grow 9% in 4Q11 to 2012
The country’s GDP is forecast to grow by 8.8% in 2H2011, as slower growth will be inevitable for China but supported by resilient domestic demand.
Thailand’s inflation rises 4.1% in September
As price pressures broadened to housing, furnishing, recreation and education segments.
India’s inflation eases to 4.6% in September
DBS expects the country’s inflation to fall below 5% for the remaining months of the year as commodity prices have eaed in recent months.
Thailand’s export volumes grew 1.3% in August
The country’s economy defied expectations as export volumes rose 20% YoY, contrary to the 2.5% drop pencilled in by market analysts.
Korea’s inflation may have slowed to 4.3% in September
However, underlying price pressures will likely remain high, making it difficult for inflation to fall below the 4% mark in the remaining months of this year.
China’s manufacturing PMI stable at 49.95 in September
This is a bit better than August’s 49.91, as the slowdown in China's manufacturing sector is showing signs of stabilizing.
Japan’s industrial production rises 0.8% in August
DBS says manufacturing sector growth has softened as a result of weaker export demand.
Thailand’s manufacturing production surges 7% in August
As motor vehicle production improved this month, followed by a pick up in the food and petroleum sectors.
Korea’s export growth may have dropped to 21.4% in September
DBS blames the effects from the earlier arrival of the Chuseok holiday for the decline in exports.
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