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Economy / Taiwan
BMI View Taiwan's foreign exchange reserves hit a record US$350.7bn at the end of January, up US$2.5bn from the previous month. Despite having a population of only 23mn, Taiwan maintains the fourth-largest foreign exchange reserves in the world (behind China, Japan and Russia). We forecast that the Taiwanese authorities will continue accumulating reserves over the coming months,...
2010-02-08Economy / Taiwan
Highlighting the rapid rebound seen in Taiwan's economy through H209 was December's industrial production figure - which came in up 47.3% y-o-y following a 31.5% y-o-y gain notched...
2010-02-08Economy / South Korea
President Lee Myung-bak attended a Korea-India summit in New Delhi on January 25, in our view enhancing South Korea's regional profile. President Lee and Indian Prime Minister Manmohan...
2010-02-05Economy / India
The governments of India and Bangladesh inked several treaties and agreements during a three-day visit of Bangladesh's Prime Minister Sheikh Hasina to New Delhi in mid-January. Key agreements include furthering co-operation on terrorism, and the opening up of Bangladesh's seaports for use by India, and also by Bhutan and Nepal. If stability is maintained, the agreement could serve...
2010-02-04Economy / Pakistan
Pakistan's current account deficit widened in December, to US$391mn from US$283mn in November. A key risk for the current account that we have previously highlighted is the potential...
2010-02-04Economy / Pakistan
Adding to President Asif Ali Zardari's woes, a February 3 bomb blast killed three US soldiers in the Lower Dir region of Pakistan. The blast also killed three children and wounded...
2010-02-04Economy / Thailand
Thailand's supreme court will give its verdict on whether authorities can seize former prime minister Thaksin Shinawatra's frozen assets on February 26. Sekesan Bangsomboon, director general of the department of special litigation, said the court has given 30 days for prosecution and defence lawyers to submit their closing statements. Thaksin was ousted in a military coup in 2006,...
2010-02-04Economy / Myanmar
Thai authorities have stated that they seized more than 4mn metampethamine pills in January after insurgent groups in neighbouring Myanmar boosted drugs production to finance arms...
2010-02-03Economy / Thailand
Trairong Suwankiri, a senior member of the Democrat Party has been nominated by Prime Minister Abhisit Vejjajiva to take on the role of public health minister, on top of his existing...
2010-01-08Political Risk / Philippines
The gap in approval ratings between frontrunner Benigno Aquino III of the Liberal Party and Manuel Villar Jr of the Nacionalista Party has narrowed considerably to 37% versus 35%.
2010-02-04Economy / Singapore
A ground breaking ceremony for the fourth planned Vietnam-Singapore Industrial Park (VSIP) was held in Hai Phong in Vietnam on January 13. The Hai Phong VSIP is a 1,600-hectare township,...
2010-02-04Economy / Indonesia
Thousands of protestors took to the streets on January 28 to protest President Susilo Bambang Yudhoyono's 100th day in his second term. While Yudhoyono retained his position with...
2010-02-04
