Philippines: Central Visayas Growth Hits 8.8% in 2016

PHILIPPINES – The economy of Central Visayas accelerated to 8.8 percent in 2016, higher than the 4.9 percent recorded growth in 2015, according to...

Bank Lending in Japan Drops in Third Quarter

Data released by the Bank of Japan showed that bank lending in Japan's banks dropped unexpectedly in the third quarter of this year. The data...

Economies of Four Southeast Asian Cities Among World’s 10 At Risk

Four major cities in Southeast Asia have ranked in the top 10 among the global economies that are at risk from a series of...

Malaysia’s Economic Growth Forecast Remains Intact

KUALA LUMPUR, Aug. 25 (PNA/Bernama) -- Malaysia's forecast of achieving between 4.5 percent and 5.5 percent Gross Domestic Product (GDP) growth remains intact despite...

Malaysian China Association Assures Support for Struggling Businesses

MALAYSIA - The Malaysian China Association (MCA), a Malaysian political party that represents the Malaysian Chinese ethnicity, assures support for business suffering from the...

China’s Services PMI Hits 11-Month High in July

After months of negative economic data, China finally saw a glimmer of hope in its services sector, which posted an 11-month high in July,...

China’s Official Manufacturing PMI Falls In July

Official government data showed that China's manufacturing activity dropped in July, missing expectations for a slight growth, Reuters reported. The official Purchasing Managers' Index (PMI)...

North Korea’s Economy Posts 4th Year of Steady Growth

North Korea's economy expanded by 1 percent last year, lower than the 1.1 growth posted in 2013, South Korea's central bank, the Bank of...

Philippine Inflation Eases to 1.2 Percent in June

Philippine inflation further eased to 1.2 percent in June, hitting the lowest level since 1995, the Philippine Statistics Authority (PSA) said on Tuesday. Headline...

Philippine Inflation Hits 20-Year Low in May

MANILA, PHILIPPINES - Headline inflation in the Philippines continued to fall in May, hitting a 20-year low as it slid to 1.6 percent year-on-year...

South Korea’s Economy Grows 0.8 Percent in Q1

SEOUL - Despite a weak trade and consumption, South Korea's economy expanded in the first three months of the year, thanks to increased investment...

Malaysia Inflation Up in April

MALAYSIA - A report released by Bank Negara Malaysia, the country's central bank, showed that headline inflation, as measured by the annual percentage change...

Philippine Inflation Further Slows in April

MANILA, PHILIPPINES - The Philippine central bank, Bangko Sentral ng Pilipinas (BSP), said headline inflation slowed down to 2.2 percent year-on-year in April from...

Philippine Inflation Eases Further in First Quarter – BSP

MANILA, PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, announced that the country's inflation eased further in the...

Central Bank Says Japan’s 2-Year Inflation Target Difficult to Achieve

The deputy governor of the Bank of Japan (BOJ), the country's central bank, said the self-imposed two-year deadline of a 2% inflation rate is...

Japan Manufacturing PMI Grows At Slower Pace in March

The manufacturing sector in Japan was barely in expansion in March, the latest survey from Markit Economics revealed on Tuesday. In another sign that the...

World’s Most Expensive Cities Named

For the second year running, Singapore continues to be the most expensive city in the world, the Economist Intelligence Unit (EIU) said. Singapore leads...

China’s manufacturing PMI falls in November

China's National Bureau of Statistics (NBS) said the country's manufacturing purchasing managers' index (PMI) slowed more than expected in November, dropping to 50.3 from...

Philippine Economy Tops Medium-Term Forecast for Asean-5

The OECD Economic Outlook for Southeast Asia, China and Japan showed that the Philippine economy has the best growth forecast among the Asean-5 countries...

Philippine Economy Grows 6.4% in Q2

The Philippine economy is now the second fastest in Asia next to China after expanding 6.4% in the second quarter of this year, matching...