forecast

Retail Asia29/07/2022

Apple on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead. The Silicon Valley giant’s shares rose 3.5% after hours following the release of the results. Though macroeconomic indicators around the world are turning negative, […]

Retail Asia10/11/2021

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices. The firm now projects 180 billion yen ($1.6 billion) in net profit for the fiscal year […]

Retail Asia02/04/2020

Popular weather app Dark Sky made a huge announcement, and the forecast for Android users doesn’t look good. The company revealed that it has been acquired by Apple, causing some major changes for users in the near future. Dark Sky, which describes itself as a hyperlocal weather app, made its name on down-to-the-minute precipitation forecasts […]

Retail Asia26/03/2019

2019 is shaping up to be a ‘gap year’ for Australian retail, according to Deloitte’s latest Retail Forecast for the year ahead. Retail turnover is expected to slip from 2.2 per cent during 2018 to a more modest 1.6 per cent, before lifting back up to 2.2 per cent in 2020, according to Deloitte Access […]

Retail Asia29/01/2019

Southeast Asia’s online retail market is expected to reach US$53 billion in the next five years, according to a recent analysis by Forrester Consulting. The report anticipated a compound annual growth rate (CAGR) for the industry of 23 per cent over the period, given the momentum of smartphone penetration and fast-growing economies in the region. […]

Retail Asia24/01/2019

RAM Ratings, which expects inflation to inch up to 0.3% in December 2018 from 0.2% in the previous month, has revised its full-year headline inflation forecast for 2019 to 2.0% from 2.7%. The rating agency said in a statement that inflation in December 2018 is estimated to rise to 0.3% from 0.2% in the preceding […]

Retail Asia07/01/2019

Vietnam’s economic growth is expected to slow down this year though it will remain a regional outperformer, according to leading global analysts. Fitch Solutions, an arm of Fitch Ratings, said in a report released Wednesday it expects Vietnam’s GDP growth to slow to 6.5 percent in 2019 in line with a wider trend of slowing […]

Retail Asia03/05/2018

Telenor Pakistan, continuing its efforts to transform the Pakistani agriculture sector which is the primary source of livelihood for millions of Pakistani households, has partnered with LMKT, an IBM partner, to provide farmers across the country with localized and accurate weather forecasting data. The move aims to advance agricultural practices in Pakistan and educate farmers […]

Retail Asia09/03/2016

While some Asian country economies may be slowing down, the health of the online retail markets across the continent is booming. According to a recent report from Forrester, total eCommerce revenue for China, Japan, South Korea, India and Australia is projected to nearly double in the next five years, from $733 billion in 2014 to $1.4 […]

Retail Asia07/03/2016

The Singapore Tourism Board (STB) is forecasting a 0-2% rise in the range of S$22bn to $22.4bn ($15.6bn to $15.9bn) in tourism receipts in 2016 and international visitor arrivals in the range of 15.2m to 15.7m (0 – 3%). This follows what the STB describes as the ‘mixed tourism sector performance in 2015 in the […]

Retail Asia18/02/2016

The Center for International Trade Studies (CITS) has predicted that the wholesale and retail markets in Indonesia and the Philippines will score the highest growths among the ASEAN countries in 2020. Indonesia and Vietnam will have higher growth rates than all other countries due to a relatively large number of foreign investments and an increased […]

Retail Asia10/01/2016

GDP is seen to likely remain stuck in the 2-3% yoy range. The 4Q15 GDP growth flash estimate was a breathtaking +2.0% yoy (+5.7% qoq saar), which beat market consensus forecast marked a sweet end to 2015. OCBC Bank notes that the surprise factor came from construction which doubled to 2.2% yoy (+7.0% qoq saar) […]

Tag: forecast

Apple forecasts faster sales growth, despite glum economy

Nissan Triples Profit Forecast On Strong Quarterly Results

Dark Sky announces acquisition by Apple and discontinuation of Android support

Deloitte forecasts forgettable year in Retail

SEA e-commerce market to grow at 23 per cent

RAM Malaysia lowers inflation forecast for 2019 to 2%

Vietnam to see slower growth in 2019

Telenor Pakistan Collaborates with LMKT to Provide IBM’s Accurate Weather Forecast to Local Farmers

China $1.1T eCommerce Market On Horizon

Singapore forecasts 0-3% visitor arrivals in 2016

CITS forecasts Thai wholesale and retail markets to grow by one percent

What to expect in 2016 as Singapore economy hits slowest growth since 2009