Economy

Non-oil domestic exports may drop 6.8% in October

Non-oil domestic exports may drop 6.8% in October

It seems like the economic outlook for the fourth quarter won’t be pretty.

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.

Singapore posts highest manufacturing growth among major economies worldwide

And the country’s competitiveness got a big boost from the 18.3% drop in labour cost.

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.

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.

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%.

Taiwan’s GDP growth slows to 3.4% YoY

Blame it on the country’s weak exports, inventory, and investment figures.

Services sector braces for looming threat of bad business

All firms see a negative outlook till March 2012, except for these three sectors.

Testing times: Economic growth forecast to fall below 3-5% in 2012

MAS expects stalled growth over the next few quarters.

Tax talks: Singapore’s 20% tax rate remains among the lowest

The rates have been static for the last 5 years - but for how much longer will this be the case?

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.

Philippine export outlook still ‘murky’ for 2012

DBS sees downside risks to their 5.2% GDP growth forecast for 2012.

Korea’s GDP grows 3.4% in 3Q11

The country’s exports were the biggest winners, posting strong growth of 2% for the quarter.