Economist
Philippine economic growth outlook raised, says economist
Nomura Securities Co. of Japan raised the economic growth outlook of the Philippines this year and next year on the back of higher government spending and higher investment arising from the take off of the public private partnership (PPP) programme of the Aquino administration.
Long-term economy to remain stable in Taiwan, says scholar
The outcome of Taiwan's presidential election on Saturday may result in some short-term economic fluctuations but will likely have little impact on the economy over the longer term, according to an economist.
Macau's GDP to grow 12pc in 2012
Macau's economy is expected to post a real growth of 12 percent in 2012, the latest report from the Economist Intelligence Unit (EIU) says.
The projections, reported by Macauhub, add that GDP growth should increase to 14 percent in 2013.
Macau's economy to grow 20pc in 2011
Macau’s economy is expected to grow 20 percent for overall 2011, says the latest report from a research and advisory company Economist Intelligence Unit. The report predicts economic growth will slow down to 15 percent in 2012, Macauhub reported.
China economy may grow below 9pc in 2012
China's economic growth may ease to below 9 percent in 2012, partly due to a weak global economy, a senior Chinese foreign exchange official said on Tuesday, backing market expectations that the world's number two economy is set for a mild easing.
But even as the economy cools, Huang Guobo, the chief economist at China's currency regulator, the State Administration of Foreign Exchange, told a forum that inflation is still a policy focus for Beijing in coming months.
HK entering "recession that could last at least a year"
Hong Kong's export-led economy, a barometer of global growth, is sinking into a recession that is likely to last for a year, according to Daiwa Capital Markets economist Kevin Lai.
Of nine economists in a Bloomberg News survey, Lai came closest to predicting a 0.5 percent contraction in the city's economy in the second quarter.
Fears subside on minimum wage in HK
Hong Kong's buoyant economy has put paid to a doom-and-gloom scenario of businesses being forced to close as a result of the minimum wage, according to an economist and a lobby group for small businesses.
Three months after the Minimum Wage Ordinance set the lowest pay at HKD28 an hour, the unemployment rate remains low at 3.5 percent, the economy is tipped to grow 4 to 5 percent this year and an estimated 300,000 low-paid workers have had a pay rise.
Japan 1Q GDP revised to annualised 3.5pc contraction
Japan's economy contracted by slightly less than first estimated in the January-March period, data showed on Thursday, after the impact of a devastating earthquake and tsunami pushed it into recession.
Japan revised upward its first-quarter GDP reading to an annualised 3.5 percent contraction from a 3.7 percent shrinkage, but the change was smaller than economist forecasts of minus 3.0 percent.
HK to feel disasters' financial punch
The fallout on the Hong Kong economy from the disasters in Japan will be greatest in the next three to six months, according to the Hong Kong Trade Development Council's chief economist.
Japan is Hong Kong's third-biggest export market. Exports to Japan were worth more than USD16 billion last year, or about 4.2 percent of the city's total.
About 47 percent of Hong Kong's exports to Japan were consumer goods, and the rest were raw materials and semi-finished goods.
China's role as "world's factory" coming to an end
China’s economy is at a significant crossroads as it enters 2011, with wages rising rapidly and the labour force, particularly of migrant labourers, starting to shrink. The shift is causing many to predict the end of the country’s status as the world’s shop floor.
