Korea's exports growth surge to 3.9%

Manufacturing PMI also rose to 48.2.

According to DBS, the Bank of Korea is widely expected to keep the benchmark repo rate unchanged at 2.75% this week.

Here's more from DBS:

A modest recovery in economic activity is underway, alleviating the pressures facing the central bank to further cut rates.

Industrial production rose 0.6% MoM sa in October, aided by the improvement in export demand and the supply side recovery in the automobile sector. The mild uptrend in economic activity has been sustained in November.

Exports growth accelerated to 3.9% YoY in November from 1.1% in the previous month. Manufacturing PMI rose for the second consecutive month to 48.2.

Admittedly, the recovery remains modest and fragile at the current point, which requires the central bank to maintain policy accommodative in order to fostergrowth and sustain the recovery.

Business sentiment is weak and investment spending has continued to contract, in light of the domestic uncertainties related to the upcoming elections and the external uncertainties surrounding the US fiscal cliff issues. GDP growth in the current quarter will likely remain subpar at the 3% level, a moderate rebound from 0.2% QoQ saar (revised) in 3Q.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia