Economy
Chinese government keeps SMEs in a bind
Chinese government keeps SMEs in a bind
They are seen as the unfortunate but necessary collateral damage in order to slow down inflation and restructure the economy.
Japan’s exports rise 2% in September
The continued rise in exports is a positive sign showing that the country is nearing sustainable recovery.
Overall trade deficit may widen from HKD 35b to HKD 42b
September trade numbers may have eased to 6.2% y/y for exports and 11.4% for imports.
China’s flash manufacturing PMI rebounds to five-month high of 51.1 in October
It seems like Chinese manufacturing activity is gearing for a strong performance in 4Q11.
Korea’s GDP growth may have eased to 2.3% in 3Q11
As investments in the manufacturing segment have declined due to worries about global recession.
Next Scheme $6,000 phase to start Oct 23
3.15mn registration forms had been received as at Oct 20.
September Hong Kong prices up 5.8%
During the first nine months of 2011, the Composite CPI up 5.1% a year earlier.
Hong Kong sees 5.9% increase in foreign companies operation
24% of the 6,948 respondents said they plan to expand their business in Hong Kong in the next three years.
Taiwan’s export order growth may have dropped to 3.2% in September
The declining demand from China has been a big drag on the country’s exports since the beginning of this year.
Government proposes Competition Bill amendments
The Secretary for Commerce & Economic Development aims to push for the amendment to tackle SMEs’ concerns.
Companies Registry 2010-11 profit reaches $226mn
The launching the e-Registry has seen 143,797 new companies being incorporated.
China’s economic growth eases to 9.1% in 3Q11
On the other hand, industrial production posted a surprising growth of 13.8% in September, having been driven by the heavy industries.
August domestic exports plunge by 24.9%
Yet compared with the first eight months of 2011, the volume of total goods exports up 5.5% while the volume of goods imports rose 7.1%.
China’s GDP may have surged 9.4% in 3Q11
As the country’s external trade has been resilient, with exports advancing 20.5% this quarter.
Hong Kong September exchange fund falls by $45bn
Of the $2.13tn Exchange Fund's foreign assets, Monetary Base amounted to $1.06tn.
Malaysia’s inflation may have risen to 3.4% in September
Domestic inflationary pressure will likely keep inflation above 3% for the rest of the year.
China’s export growth plummets to 7-month low of 7.1% in September
HSBC views a soft landing ahead for the country despite weakening export demand from the West.
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