Asia
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.
63% of Chinese women lead financial planning in households
It’s mom who gets a say on how to spend the family income.
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.
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.
ACCA’s international survey: Global accounting standards grow in popularity
Study also found evidence that access to capital for companies has increased and its costs have been reduced by IFRS adoption..
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.
Thailand grocery retailers enjoy robust profit growth
But analyst warns against looming risks from regulatory constraints and market saturation.
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%.
Asia Pac employees to get 6.3% wage hike next year
But you’ll never guess which two countries forecast the highest wage hike of 12%.
Taiwan’s GDP growth slows to 3.4% YoY
Blame it on the country’s weak exports, inventory, and investment figures.
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.
AXA and Bank Mandiri acquires Asuransi Dharma Bangsa
Joint acquisition made possible with AXA’s partnership with Bank Mandiri since formation of AXA Mandiri Financial Services, a life insurance bancassurance business.
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