The economy, which climbed over ¥600 trillion for the full year, was bolstered by exports and private consumption. In 2024, more than 36 million people visited the country, spending a record amount.
Firms in the garment and pharmaceutical sectors are navigating severe turbulence in their businesses. The new government is trying to shore up FX reserves, bank balance sheets, keep inflation under control, and deal with flooding that hit over five million people in August.
While still below the expansionary 50 benchmark, the new quarterly index shows signs of stronger procurement activity in the electronics, toys and equipment/materials sectors, with economic headwinds cited as the largest risk.
Continuous threats made by North Korea are beginning to wear thin on South Korea's market.That said, the won has been volatile over the last few months. CT asks the experts what is really driving the won.
Malaysia's third quarter GDP stood at 5.2%, slightly below the second quarter figure. The country has surprised most analysts and economist for the good.
Aggregate export numbers from Asia ex-Japan turned South in July, against analyst expectations. On the positive side, the numbers are less severe than in 2008 and already are beginning to improve.
Sep 17, 2012
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