Tag: economic growth
Of the 24 economists in a Bloomberg survey, 16 are forecasting the benchmark interest rate will stay at 3%, while eight project a 25 basis-point cut.
The World Bank presentation shows a growth forecast of 4.9% for next year which is lower than current projections of 5.2%.
South Korea's central bank forecast this year’s growth would reach just 2.2%, down from 2.7% in 2018.
Indonesia is using a mix of monetary and fiscal policy to stimulate Southeast Asia’s biggest economy after growth slowed to a two-year low in the second quarter.
The ringgit performed stronger today resulting from a second-quarter economic growth of 4.9% from 4.5% in the first-quarter of 2019.
Southeast Asia’s largest economy is forecast to grow 5.3% next year.
Headline inflation meanwhile increased to 1.5% in June 2019.
In an intensifying trade war, US tariffs on China imports could take a huge toll on its economic growth.
China's economic growth has slowed to its weakest since 1992 as profits from its industrial companies decreased.
Caught in a shift in global trade and technological change, Singapore is pouring money into ideas that could redefine the way cities are built and run.
The counter-intuitive relationship between monetary policy and borrowing costs is due to how Singapore’s central bank seeks to guide the economy.
Developing Asia, a group of 45 countries in the Asia-Pacific region, is still expected to grow 5.7% this year and 5.6% next year.
The slowdown underlines the pressure that Chinese policymakers face as they attempt to negotiate a deal with the US.
Boris Johnson hopes to increase government borrowing for the construction of great infrastructure projects thus spurring economic growth in Britain.
The government and central bank are reviewing their growth projection range of 1.5% to 2.5% for this year.
Ruan Zongze says the assumption that Malaysia can capitalise on the friction between the two countries is an inaccurate assessment.
The main risk for the Saudi economy comes from its exposure to the global oil market.
Indonesia is drafting up ambitious plans to reinvigorate the country's economic infrastructure via multiple construction and transportation projects that total up to over US$400 billion.
It says the railway project will result in economic expansion through job creation and opening up of new growth areas.
Lead economist Richard Record says the country's fundamentals are sound.
The economic growth in Japan is said to be slowing thus resulting in the falling of the yen.
While any delay in forming a government could affect investor confidence and some investment projects, it would not have much impact on Thailand's economic policy.
In response to slowing growth amid the trade friction with the US, policymakers said they would lower taxes, reduce fees and streamline red tape.
Prime Minister Scott Morrison warns Australians choosing the centre-left Labour party would spell an end to 28 years of continuous growth.