Philip Chua Business Blog

Posts Tagged ‘asian economies’

FIRST, the good news. Singapore’s economy has moved beyond the initial post-crisis bounce of growth and will continue to expand as genuine demand begins to stabilise around the world.
But Singaporeans must prepare for a ’slower and steadier’ pace of expansion next year than they are used to, said the Monetary Authority of Singapore (MAS) yesterday.

Even though Asian economies have recovered stro… more

Turnabouts in European and Asian economies, along with recent gains in the U.S., are raising hopes that the worldwide recession is drawing to a close. That’s not to say the coast is clear.

ASIAN economies may be leading a global recovery, but that rebound may be more fragile than it looks, a leading economist has warned.

Countries such as China should aggressively make structural reforms in areas such as health care and education if they are to sustain growth in domestic demand, Morgan Stanley’s chief economist for India and Asean, Mr Chetan Ahya, said yesterday.

Although policy… more

ASIAN economies appear to have turned the corner from the global recession and should be able to double next year the anaemic growth rates they are expected to post in 2009, the Asian Development Bank (ADB) said yesterday. But it warns in its latest Asia Economic Monitor that the road to full recovery is strewn with hazards.
The biggest single threat to continuing recovery identified by ADB report… more