Asia
Japan's VAT hike to drag GDP growth to 0-0.5%
Japan's VAT hike to drag GDP growth to 0-0.5%
Higher prices of consumer goods and services will result to consumer spending falling by 3% and will trim GDP growth by 1.8ppt.
Taiwan's industrial production to slip further from 2.4% in June
Domestic trade is also likely to slump as confidence in spending weakened for four straight months.
Japan trade deficit to rocket to ¥443 billion
Blame it on rebound in oil imports, reflecting higher prices and volumes.
Thailand GDP to inch higher to 1.8%-2%
But private consumption will continue to be sluggish as flood-related spending fades.
Malaysia economy jumped 5.4%
Thanks to robust and resilient private consumption rising 8.8%, buoyed by tight labor market and strong income growth.
Korea's unemployment rate dips to a measly 3.1%
Thanks to the robust growth in self-employed workers, the unemployed fell 1 percentage point.
Thailand GDP to jump to 2.8%
But the country has to brace for waves of external demand woes with the lacklustre global economic outlook.
Taiwan GDP pegged at 3.2%
Blame it on sluggish exports in 2Q due to lacklustre global economic performance.
Consumption tax hike to 8% all geared up in Japan
From the current 5%, the tax will gradually climb to 8% in April 2014, then 10% by October 2015.
Taiwan inflation to edge up to 2.1% in 2013
Blame it on administrative price increases on electricity and fuel.
Bank of Korea to further cut policy rate to 2.75%
Nomura expects a 25bp cut in October that will remain on hold throughout 2013.
Philippine inflation to rocket to 5.4% by end 2012
This rise will reflect the country's pending electricity tariff adjustments.
Malaysia to stand pat on policy rates
Bank Negara Malaysia is likely to hold on to its 3% rate amid inflation drop.
Philippines' nasty weather to push inflation up 3.5%
Around PHP 693m worth of rice crops have already been lost.
Inflation to creep up to 5.2% in Indonesia
Blame it on food price hikes starting in mid-Q3 due to Ramadan.
India inflation to rocket to 9%
A nasty combination of high food and core inflation will even push it to close to double-digits by 2Q13.
2 reasons why China inflation will rebound to 3.1% by end 2012
Inflation will trend down to 2% in Q3 but it will edge up until 2Q13.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia