GDP

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Retail Asia10/12/2018

Vietnam has set target of increasing GDP per capita to $6,500 in 2030, and $10,000, or four times the current value, in 2035. The GDP in those years would then be $670 billion and $1.05 trillion, according to an economic policy framework for the period up to 2035 recently issued by the Ministry of Planning and Investment. This […]

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Retail Asia23/11/2018

Malaysia’s gross domestic product (GDP) growth is expected to remain stable and expand at 4.8% for the full year of 2018 and 2019. UOB Malaysia’s senior economist, Julia Goh said the 2019 forecast has been revised from the 5% projection made earlier, to 4.8% after taking into account the potential impacts from the US-China trade […]

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Retail Asia19/11/2018

Economists have mixed views on Malaysia’s full-year gross domestic product (GDP) growth despite the central bank’s confidence the economy will expand 4.8% this year. Sunway University Business School’s Professor of Economics Dr Yeah Kim Leng expects GDP growth for 2018 to come in at 4.7% to 4.8% while growth in 2019 could be better than this year […]

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Retail Asia09/11/2018

Indonesia’s economic growth slowed in the third quarter, losing momentum from the previous three months and pointing to tougher conditions for Southeast Asia’s biggest economy, which has struggled with capital outflows and weaker exports and household spending. Gross domestic product expanded 5.17 percent in the July-September quarter from a year earlier, the Central Statistics Agency […]

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Retail Asia29/10/2018

This year’s estimated per capita GDP of $2,540 marks a $440 increase over 2015, PM Nguyen Xuan Phuc informed the National Assembly Monday. In term of purchasing power parity (PPP), the per capita income in 2018 is estimated at $7,640, and expected to rise annually by six percent to reach $8,580 in 2020, the prime […]

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Retail Asia26/10/2018

A prime ministerial advisory body has said the state budget is overly dependent on crude oil, an unsustainable income source. The National Financial Supervisory Commission (NFSC) recently said crude oil is not a sustainable income source, both in the short and long term. In the short term, crude oil revenue can be affected by global […]

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Retail Asia26/10/2018

Vietnam’s GDP per capita is set to increase this year, but its 2020 target of $3,200-3,500 looks distant. Minister of Planning and Investment Nguyen Chi Dung said at a National Assembly meeting Monday that if Vietnam’s GDP increases by 6.7 percent this year, per capita GDP will reach $2,540, up $155, or 6.1 percent year-on-year, […]

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Retail Asia23/10/2018

A prime ministerial advisory body has said the state budget is overly dependent on crude oil, an unsustainable income source. The National Financial Supervisory Commission (NFSC) recently said crude oil is not a sustainable income source, both in the short and long term. In the short term, crude oil revenue can be affected by global […]

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Retail Asia22/10/2018

Vietnam’s GDP per capita is set to increase this year, but its 2020 target of $3,200-3,500 looks distant. Minister of Planning and Investment Nguyen Chi Dung said at a National Assembly meeting Monday that if Vietnam’s GDP increases by 6.7 percent this year, per capita GDP will reach $2,540, up $155, or 6.1 percent year-on-year, […]

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Retail Asia05/10/2018

Malaysia’s economic growth is expected to ease to 4.9% in 2018, as export growth slows and lower public investment following the cancellation of major infrastructure projects, said World Bank chief economist for the East Asia and Pacific region Sudhir Shetty. As a highly open economy, he said Malaysia will continue to face substantial risks relating […]

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Retail Asia02/10/2018

Vietnam’s GDP grew by 6.98 percent between January and September, the highest nine-month growth rate since 2011. Data released by the General Statistics Office (GSO) Friday showed growth in the third quarter was 6.88 percent year-on-year. In the year-to-date agriculture and fisheries grew by 3.65 percent, the highest since 2012. Industry and construction grew by 8.89 […]

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Retail Asia16/08/2018

Malaysia’s economic growth pace likely slowed again in the second quarter of 2018, a Reuters poll showed. The median of forecasts from 14 economists is for annual growth of 5.2% in April-June. That would be a dip from January-March’s 5.4% and make the latest quarter – during which Malaysia surprisingly got a new government – […]

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Retail Asia10/08/2018

Vietnam’s GDP could drop slightly as a result of the ongoing US-China trade war, a new report says. The report, released Wednesday by the National Center for Socio-Economic Information and Forecast (NCIF), predicts a drop of 0.03 percent this year, 0.09 percent next year and 0.12 percent in 2020 and 2021. This equals to a […]

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Retail Asia22/05/2018

Vietnam’s decade high growth in the first quarter is forecast to slow during the rest of the year, a parliamentary meeting heard on Monday. The country’s gross domestic product (GDP) grew 7.38 percent in the first three months thanks to strong performance in three key economic sectors, agriculture, industry-construction and processing-manufacturing, said deputy prime minister […]

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Retail Asia21/05/2018

China’s economy will likely expand around 6.7 per cent in the second quarter this year, the State Information Center (SIC) said in an article in the state-owned China Securities Journal on Saturday. The forecast was slightly slower than the 6.8 per cent expansion posted in the first quarter. The SIC is an official think tank […]

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Retail Asia08/02/2018

Indonesia-with-its-numerous-islands-is-putting-a-lot-into-development-of-its-ports-a-1024x732.jpg

Indonesia’s full-year gross domestic product growth last year accelerated at the fasted pace in four years, as robust exports and investment growth compensate for weak household consumption, the Central Statistics Agency, or BPS, revealed on Monday (05/02). The agency said the economic growth rate was 5.07 percent, the highest since 2014. In 2015, the economy grew only 4.88 percent, while in […]

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Retail Asia17/01/2018

China’s GDP growth for 2017 may stay at 6.9 per cent, thanks to favourable internal and external conditions. China’s GDP growth for 2017 may stay at 6.9 per cent, thanks to favourable internal and external conditions despite the cool-off in the real estate sector and ongoing environmental protection measures, economists said. Xu Hongcai, an economist […]

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Retail Asia24/11/2017

Singapore raised its economic growth forecast for this year to 3 percent to 3.5 percent after third-quarter data beat projections on the back of stronger exports and manufacturing. Highlights of GDP Report Gross domestic product rose at a seasonally adjusted, annualized rate of 8.8 percent in the third quarter from the previous three months, higher than […]

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Retail Asia01/02/2017

Mobile technologies and services generated 6.2% of the GDP of Bangladesh in 2015, a contribution that amounted to around $13 billion of economic value, according to GSMA Intelligence. In the same year, mobile operators and the ecosystem provided employment to more than 760,000 people across Bangladesh, the report further stated. One-third of this was created […]

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Retail Asia09/01/2017

China’s leadership has always seen gross domestic product (GDP) numbers as the most important indicator of their ability of govern; thus their whole apparatus does whatever it can, in terms of policies, to make sure a politically acceptable growth rate is achieved. With a persistent slowdown, the government has to adjust its target to a […]

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