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Market Asia Pacific

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Hong Kong's growth to continue.
Several factors are combining to propel Hong Kong's growth. Domestic consumption is increasing, the employment situation is continuing to improve, household incomes are on the rise, and the rate of . . .

China looks for ways to manage growth.
On August 2, 2006, the Associated Press (AP) reported that China's second quarter 2006 growth was an impressive 11.3 percent. The AP cited China's planning commission, the National Development and . . .

Grooming products for men.
A global cosmetics retailer was cited as the source for the statistic that worldwide, grooming products for men were growing at the annual rate of 25 percent. The market research firm Euromonitor . . .

India's consumer market growth in perspective.
There are two elements of the graph above that draw immediate attention. The more obvious one is the volatility represented by the blue line. This is a plot of the growth of consumer durables . . .

Malaysia's forward progress is secure.
In the context of a developing economy Malaysia's efforts have drawn favorable recognition from the international financial community. The International Monetary Fund (IMF) in particular has . . .

Worrisome times for South Korea.
Economic developments in South Korea, examined in isolation, are easy to rationalize away given the growth experience of the economy in recent years, and the accolades the South Korean economy has . . .

Japan changes economic direction.
During its policy meeting (July 13, 2006-July 14, 2006) the Bank of Japan (BOJ), Japan's central bank, will most likely raise the country's short-term interest rates for the first time in . . .

China battles economic overheating.(Brief article)
China is worried about inflation. Beginning on July 5, 2006, the People's Bank of China (PBoC) is requiring all "financial institutions" to raise their capital reserves from 7.5 percent, the . . .

Vietnam expands impressively.(Brief article)
Vietnam's economy suffered an environmental shock in May 2006 when a powerful typhoon hurt the country's fishing and shrimp farming industries. But while growth was down slightly year-on-year . . .

Downturn in New Zealand.(Brief article)
New Zealand is planning for a "longer period of sustainable growth," according to what the country's finance minister told a local chamber of commerce audience. The minister's remarks were aimed at . . .

Electronic paper.
From The International Herald Tribune (Neuilly), April 24, 2006: "In the Tom Cruise sci-fi thriller 'Minority Report,' [2002] a subway passenger scans an edition of USA Today that is a plastic . . .

How Taiwanese consumers spend their time.
One of the most revealing elements of the statistics developed by National Statistics of Taiwan is how they have translated their categorization of time use into English. The following time budget . . .

Dense problems for Indonesia's economy.
"On paper," says Asia Times Online (Hong Kong), "Indonesia has all the resources to become a major economic power." But there are problems-major problems. When Market: Asia Pacific last reviewed . . .

Sri Lankan politics a danger to growth.
In 2002, Norwegian mediators managed to bring cease fire talks between the Sri Lankan government and the Tamil Tigers to a successful stand down from a vicious 20-year civil war. From 2003 onward, . . .

Inflation disrupts New Zealand growth.
The tight labor market in New Zealand is having a continuing adverse effect on the country's growth. When Market: Asia Pacific last reviewed New Zealand's economy, in a Market Focus in April 2006 . . .

Singapore's consumer spending rises.(Brief article)
"Consumer spending has been rising as the labor market and the economy strengthened, and that is pushing prices higher," says a local bank economist in a Bloomberg News story published in . . .

Consumer confidence slips in South Korea.(Brief article)
South Korea's consumers are showing almost the thinnest slice of optimism possible in that country's most recent survey of consumer confidence. According to a Bloomberg News story published in the . . .

Inflation is a concern for Malaysia.(Brief article)
Private consumption accounts for 44 percent of Malaysia's GDP, according to a May 31, 2006 Bloomberg News report. And for the first three months of 2006, private consumption expanded 7.5 percent. . . .

Networked home appliances.
On March 27, 2006, ZDnet Asia (San Francisco) citing the market research firm IDC as its source, said that security spending by businesses in the Asia Pacific region would double by 2010. . . .

Private consumption drives Pakistani growth.
Since 2004, according to the International Monetary Fund (IMF), Pakistan's GDP has posted sturdy gains. In 2004, GDP grew 7.1 percent and the country followed up that gain with growth of 7.0 . . .

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