Asian market data, analysis and forecasts from Business Monitor International, the trusted source for business information and intelligence on global emerging markets.
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Economy / South Korea
The ruling Grand National Party (GNP) has renamed itself the Saenuri Party in a bid to improve its election fortunes ahead of legislative elections in April. Following the emergence of a number of scandals, the party's recent defeat in Seoul's mayoral elections and a widening wealth disparity in the country, public confidence in the Saenuri Party has been waning. While the party...
2012-02-03Economy / Hong Kong
The recent uptick in Hong Kong's Q411 real GDP growth is likely to reverse in the first half of 2012. Weakening external demand conditions should see Hong Kong's exports take a hit....
2012-02-02Economy / North Korea
BMI View: North Korean leader Kim Jong Un's exiled elder half-brother Kim Jong Nam has made comments highly critical of the younger Kim and the system over which he presides. This...
2012-01-24Economy / Pakistan
Headline consumer price inflation (CPI) came in at 10.1% y-o-y in January, up slightly from 9.7% in the previous month. Similarly, wholesale price inflation edged higher to 8.7% y-o-y, from 8.3% previously. The uptick in the headline rate was mainly due to an increase in the cost of utilities, with utilities inflation rising from 6.4% y-o-y to 7.7% in January. While the latest data...
2012-02-03Economy / India
While the government's decision to allow full foreign ownership in the country's single-brand retail sector is a positive step towards economic liberalisation, we highlight that the...
2012-02-03Economy / Sri Lanka
Citing problems of credibility, the country's minority Tamil political party - Tamil National Alliance (TNA) - rejected the government's investigation into the civil war. Furthermore,...
2012-02-03Economy / Thailand
In what is widely seen as an attempt to counter growing resistance from the political opposition, the Pheu Thai Party (PTP) has decided to soften its stance on demanding for constitutional amendement. Instead, the PTP will allow pressure groups, particularly the 'Red Shirts', to spearhead new efforts to amend the constitution. According to 'Red Shirt' leader Payap Panket, the group...
2012-01-09Economy / Vietnam
The Ministry of Planning and Investment (MPI) has introduced plans for a comprehensive review of public investment projects in 2012. According to a statement released by the MPI, the...
2012-01-09Economy / Thailand
Thailand's trade exports contracted by 12.5% y-o-y in November, compared to an expansion of 21.5% y-o-y in October. Meanwhile, imports also contracted by 2.4% y-o-y in November. Although...
2012-01-09Economy / Singapore
Singapore implemented a new Retirement and Re-employment Act on January 1. The Act is expected to be implemented smoothly following four years of work by the government, unions and employers. The Act will help workers who are able and willing to work beyond the retirement age. A 2011 labour force survey revealed that 61.2% of workers between the age of 55 and 64 are still working,...
2012-01-27Economy / Indonesia
The House of Representatives may debate until March a new law on elections, and one point of contention in particular will be the minimum vote percentage that a political party must...
2012-01-27Economy / Malaysia
Malaysia's headline consumer price inflation (CPI) slowed from 3.4% y-o-y in October to 3.3% in November and we expect inflationary pressures to continue to cool over the coming months....
2012-01-09
