Economy

Are dark clouds ahead for Asian businesses?

Asia business sentiment fell in the third quarter, hitting its lowest level in two years, as global economic uncertainty rose.

Are dark clouds ahead for Asian businesses?

Asia business sentiment fell in the third quarter, hitting its lowest level in two years, as global economic uncertainty rose.

India’s inflation alarming at 9.8% in August

The country’s inflation woes clearly won’t go away anytime soon.

Japan’s economy yet to recover from quake

The country’s GDP growth is set to post a mere 1.2% in the second half of 2011, bringing full-year GDP close to 0%.

Singapore and Russia to collaborate on projects under new MOU

Singapore companies will be involved in various projects in Russia, covering sectors such as transport, power, e-government, environmental and...

Philippine exports down 1.7% in July

Even though electronic shipments plunged by 21.3%, all other aspects of exports have been doing well.

Korea’s GDP forecast plummets to 3.8%

But 2012 seems to be a better year ahead with DBS’s 4.1% GDP forecast.

Mr Wong Kan Seng appointed as Special Advisor for Economic Co-operation to the Prime Minister

Mr Wong's primary role is to advise the Prime Minister on Singapore's economic co-operation programmes with China and other Asian countries.

India’s industrial production disappoints at 3.3% in July

HSBC blames the volatile capital goods segment for the slower growth in production.

There's still hope for Asian inflation: UBS

UBS says Asian inflation will ease to 3.9% in 2012 due to weaker commodity prices.

Outlook is bleak for Asian exports

Analyst warned Asia’s business and profit cycle will inevitably follow events in the US and Europe.

It’s difficult to be bullish amidst events in Europe and the US, says analyst

“Asian industrial production has already slowed to a rate where one is tempted to say the bottom is near,” noted UBS Investment Research.

China’s exports hit a four-month high at 24.5% in August

The country’s imports growth also surged to a seven-month high at 30.2% y-o-y in August.

Prof S Jayakumar resigns from Presidential Council for Minority Rights

The resignation comes 13 years after being appointed as a permanent member of the Council.

Outlook for Philippine exports cloudy: DBS

As the export number for July will likely register negative growth of 6.8%, marking the third consecutive month of contraction.

How bad can the upcoming technical recession get?: DBS

With August non oil exports expected to drop 5.8 % and the Sing dollar strengthening 11 % over the year, it's going to be bad, warns the bank.

China’s industrial production plunges to three-month low of 13.5% in August

Production activities of heavy industries dropped from 14.5% in July to 13.5% in August.