Asia
8 million visitors flocked to Hanoi, Vietnam
That's for the first 6 months of 2012 alone and the number continues to rise as the city targets 16.5 million tourists by 2015.
8 million visitors flocked to Hanoi, Vietnam
That's for the first 6 months of 2012 alone and the number continues to rise as the city targets 16.5 million tourists by 2015.
Thailand's exports growth exceeds expectations
Growth came in at a strong 7.7% yoy in May, notes OCBC.
Surf and watch? Web connected TVs growing popular in Malaysia
Sales of web-connected TVs jumped from a mere 7% to 17% over the last 12 months.
India's announced measures to tackle rupee weakness disappoint
The official announcements, says DBS, amounted to further incremental steps to liberalize the capital account, which only increase the dependence on debt capital inflows.
Decline in oil prices to help ease pressures on Indonesia's trade balance
Merchandise trade balance has been narrowing on the back of Indonesia’s robust domestic demand but unfavorable commodity prices have exacerbated the issue, says DBS.
India faces looming exacerbation of funding risks as capital deficit increases
Indian Rupee now depreciated by 22.9% since the peak on Aug 1,2011 also a key concern.
Thailand's public debt grows 9.8% in 2012
The figures will be stablizing at 7.5% by 2016.
Exports drop in Korea
DBS says exports have fallen in month-on-month terms in April-May, reflecting the deterioration in global demand amid the worsening of European debt crisis.
Japanese firms tread with caution amidst 'deteriorating' business sentiment
There was weakening of business sentiment as indicated by the sharp decline in manufacturers’ production forecast for the survey month of May, says DBS.
India's central bank pushes new forex measures on oil companies
State owned oil companies have been ordered by the RBI to buy half their forex needs from public banks.
Current China slowdown pales to 2008 crisis: Fitch
A close look at the HSBC Flash PMI index shows it has declined but not as severely as the last recession.
India’s GDP growth falls to 5.3%
It is the weakest growth pace in eight years amidst supply constraints.
Korea's inflation slowdown provides breather for BOK
The Bank of Korea, though taking a wait-and-see approach, is given leeway to ease monetary policy to support growth.
Taiwan's growth forecast cut to 2%
This is amidst weakness in overseas demand and the deterioration of trade competitiveness, says DBS.
Lower inflation forecast for Malaysia
It is said to be the country with the best inflation profile right now.
Philippines' remittance growth to slow further
In the first four months of 2012, remittance growth was a moderate 5.4%.
Chinese manufacturing could stumble for eight straight month
HSBC flash PMI estimate for June suggests a further contraction to 48.1% on the back of tumbling export orders.
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