Economy
Indonesia’s GDP may have grown 6.7% in 3Q11
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.
Asia-Pacific CEOs bullish on China for investment
CEOs look to Asia’s domestic markets to drive future revenues as more than 40% of CEOs plan to increase headcount by at least 5%.
Hong Kong losing regional competitiveness by slow implementation of double taxation pacts
Yet signing a Canada-Hong Kong DTA would make Hong Kong a more attractive centre for investment.
Pace of contraction in business activity eases for the first time in 3 months
Hong Kong’s slowdown is seen as beginning to lessen pipeline price pressures.
Government posts more than $5b deficit
Expenditure for the six months ending 30 September 2011 was more than $156b.
Hong Kong opens doors to Polish firms
The Hong Kong-Guangdong Business Conference in Warsaw introduced combined business advantages that Hong Kong and Guangdong offer Polish companies.
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.
Korea’s GDP grows 3.4% in 3Q11
The country’s exports were the biggest winners, posting strong growth of 2% for the quarter.
Waiving business registration fee possible
Other one-off measures will be looked into to relieve inflationary pressure.
Ahoy! Kai Tak cruise terminal to boost economy
But we’ll have to wait till 2013 before Kai Tak is commissioned.
China and other growth economies take centre stage in new financial order
Global report confirms changes to international financial map.
$40b trade deficit recorded in September
That is equivalent to 12.8% of the value of imports of goods.
Exports to the Mainland slump 7.3% in September
Overall, the value of Hong Kong's total exports of goods fell 3% compared to that in September 2010. Meanwhile the value of imports of goods...
Chinese government keeps SMEs in a bind
They are seen as the unfortunate but necessary collateral damage in order to slow down inflation and restructure the economy.
Japan’s exports rise 2% in September
The continued rise in exports is a positive sign showing that the country is nearing sustainable recovery.
Overall trade deficit may widen from HKD 35b to HKD 42b
September trade numbers may have eased to 6.2% y/y for exports and 11.4% for imports.
China’s flash manufacturing PMI rebounds to five-month high of 51.1 in October
It seems like Chinese manufacturing activity is gearing for a strong performance in 4Q11.