Foreign investment into South Korea jumps 18.7% this year
Tweet Growing investment in to the Asian and Latin American countries has helped push South Korea’s overseas direct investment up 18.7% in quarter 1 of 2012 from a year earlier,…
China cuts bank reserve ratio to stimulate economy
Tweet China has taken a raft of measures aimed at staving off an imminent economic crisis, the latest being a cut in the bank reserve requirement ratio. However, economists voiced…
Electricity data suggests brakes have been put on China
Tweet A series of economic indicators published in the last few weeks points to a rapid slowdown in the Chinese economy. The latest electricity production statistics for example show growth…
Indonesia’s growth slows, but more people are now in work
Tweet Indonesia’s economy received good and bad news today. While the economy isn’t growing as fast as was hoped, more people are now in work than a year ago. Data…
Singapore and South Korea both feel an economic chill
Tweet Two of the region’s important economies, Singapore and South Korea, appear to have hit a slight economic headwind according to data published yesterday. The jobless rate in Singapore unexpected…
China’s 10% trade growth tenable : ministry
Tweet Despite a sluggish economic performance in the first quarter, China’s projected 10% growth in foreign trade this year is achievable, the country’s Ministry of Commerce (MOC) said Tuesday. The…
India seen to get it wrong again over interest rate cut
Tweet The Indian government saw another wave of economists shaking their heads in disbelief on Tuesday when its central bank cut its interest rate by 50 basis points to 8…
Vietnam workers to get a pay hike
Tweet Rising costs of living in Asia are forcing most countries to review their workers’ salaries amid rising concerns that failure to do so may be a recipe for unrest.…
Shanghai hailed by China’s NRDC for its openness
Tweet China’s top economic planner, the National Development and Reform Commission (NRDC), said Shanghai’s deep involvement in developing an export-oriented economy has earned it the top spot as the most…
Malaysia cuts growth forecast for 2012 to 4-5% amid fears of weakening demand
Tweet Even with the signs that the global economy may be recovering, most countries in Asia are becoming cautiously optimistic about the prospects of their economies. Now, Malaysia has joined…
