Asia

Thai trade sinks as flood recovery hits a snag

April exports and imports performed contracted 15% and 19%, respectively, from month-ago levels.

Thai trade sinks as flood recovery hits a snag

April exports and imports performed contracted 15% and 19%, respectively, from month-ago levels.

Rice cookers still the best selling small appliance in SEA

2.1 million rice cookers were sold in Southeast Asia despite the sales dip suffered by the Small Domestic Appliances sector in 1Q12.

China's fresh PMI slide not a cause for worry?

Its private sector index slid to 48.7% from 49.1% in April but government easing is softening the blow, says BBVA.

Domestic demand driving more of Malaysian growth

Efforts by policymakers to expand the economy through consumption and and investment growth are gaining traction.

Malaysia consumers buy 120,000 IT hardware units in 1Q12

Malaysia's B2B IT market is now valued at US$75.5m, with laptop sales counting as the biggest contributor in IT retail.  

India troubled by widening twin deficits

The country's fiscal and current account deficits are at all time highs and are causing all sorts of economic hiccups.

Is Thailand's economy gaining steam?

Economy expanded by 0.3% in 1Q12, but the manufacturing sector is still in the red.

Chinese house prices slip again in April

But the gradual price decline is still manageable for the government and is a necessary pain for Chian to pop any forming price bubbles.

Korea's department stores suffer biggest decline in 3 years

Store sales fell by 3.4% as both luxury goods and discount products experience a drop in consumer purchases, by 5.9% and 2.4% respectively.

Thailand auto parts sector predicted to rise from No. 12 to No. 8 globally

FDI related investments account for 14% of US$9bn while exports account for 7.4% of US$17bn total.

Japan's GDP growth at 4.1%

Good news for Japan as the growth figure surpassed even market expectations.

Will domestic demands in Japan compensate for weak exports?

Growth will most likely come in the range of 2-3%, according to analysts.

63% of computer users in AsiaPac admit they pirate software

And China has the most troubling piracy problem with an illegal software market worth nearly US$9 billion in 2011 versus a legal market of less than US$3 billion.

China central bank eases bank reserve requirements

It cut the RRR by 50 basis points and will free up RMB420 billion which will help spur economic growth, says CIMB.

AsiaPac airports report increase in passenger traffic in March

China's Beijing airport continues to record the highest passengers throughout the region with almost 6.6 million.

China exports down 4.9% in April

The decrease is due to the continuing European crisis and slow shipment to the G3 market.

Chinese executives bullish about global prospects

A survey by Ernst & Young reveals 69% of Chinese executives see the global economy improving.