Economy
Outlook for Philippine remittance cloudy in 2012
DBS expects it to drop to 7% this year and to dip even further next year.
Outlook for Philippine remittance cloudy in 2012
DBS expects it to drop to 7% this year and to dip even further next year.
Hopes rise as Japan’s economy grows 6% in 3Q11
Exports rose strongly by 27.4%, boosted by the supply restoration in the manufacturing sector.
Non-oil domestic exports may drop 6.8% in October
It seems like the economic outlook for the fourth quarter won’t be pretty.
Malaysia’s GDP may have grown 4.4% in 3Q11
As the manufacturing sector expanded 3.2% in the months of July and August.
China’s export growth slows to 8-month low of 15.9%
On the flip side, China's import surged unexpectedly to 28.7% y-o-y in October.
Malaysia’s industrial production may have risen 2.3% in September
As the country’s strong commodities have offset the poorer performance of its electronics sector.
Christmas season boosts Taiwan exports by 11.7% in October
However, when stripping out the seasonal factors, the value of exports actually slipped 0.5% from September.
China’s inflation may have dipped to 5.8% in October
And the country’s exports are expected to have declined further to 15% in October from 17.1% in September.
Singapore posts highest manufacturing growth among major economies worldwide
And the country’s competitiveness got a big boost from the 18.3% drop in labour cost.
Indonesia’s GDP may have grown 6.7% in 3Q11
DBS says 6.4% growth for 2011 is attainable as consumer spending has been resilient.
Philippine food price pressures to materialize in October
It’s not far-fetched as 760,000 tonsof unhusked rice were damaged at the strong typhoon in late September.
Good news: Thailand’s 4.2% inflation lower than expected despite floods
Core inflation also rose by only 2.9%, below consensus of 3.1%.
Taiwan’s GDP growth slows to 3.4% YoY
Blame it on the country’s weak exports, inventory, and investment figures.
Services sector braces for looming threat of bad business
All firms see a negative outlook till March 2012, except for these three sectors.
Testing times: Economic growth forecast to fall below 3-5% in 2012
MAS expects stalled growth over the next few quarters.
Tax talks: Singapore’s 20% tax rate remains among the lowest
The rates have been static for the last 5 years - but for how much longer will this be the case?
Floods may drag down Thailand’s GDP growth by 2.5% in 2011
It was definitely not Thailand’s year as anaylsts expect the country's GDP to plunge even further.
Read Here
Advertise
Sign Up
