Economy
Hopes rise as Japan’s economy grows 6% in 3Q11
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.
Philippine export outlook still ‘murky’ for 2012
DBS sees downside risks to their 5.2% GDP growth forecast for 2012.
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