Economy
Singapore economy surges 6% in 3Q11
Singapore economy surges 6% in 3Q11
As the manufacturing sector made a comeback from its 5.6% decline in 2Q11, having grown by 14.2%.
Is it all 'doom and gloom' for Malaysia?
Apparently not, as DBS expects GDP report a 5.6% YoY growth.
Fears abound as Philippine export growth plummets 27% in September
This is the lowest growth ever recorded in 29 months.
Singapore exports plunge 16% in October
As exports of electronic products plummeted 31% last month.
Singapore risks being slammed by EU bank deleveraging
And the impact on domestic credit will be significant in Korea, India, Indonesia and Malaysia.
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%.
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