South Korea stimulates spending.(Brief Article)
South Korea is working hard to combat higher oil prices with
programs designed to stimulate consumer spending. The programs range
from tax breaks to increased government spending, and according a . . .
Vietnam's ambitions on display.(growth of gross domestic
product in vietnam)(Brief Article)
On July 22, 2005, the International Herald Tribune (Neuilly Cedex),
citing information developed by Reuters and Agence France-Presse (AFP)
reported that Vietnam missed its growth target for the . . .
High oil prices cause problems in Asia.
Rising oil prices are hitting Asian consumers hard.
A range of worries are being expressed across the region in regard
to the impact of rising oil prices. According to a July 20, 2005 piece
in . . .
Australia's retail sector reveals a surprising
twist.
Australia's housing market has slowed, and retail spending is
not growing at the same fast pace it was at the beginning of 2004, as
indicated in the chart above. The Australian economy has . . .
South Korea's consumers spend less.
Over the past decade, South Korea's per capita income has
grown an estimated 60 percent. This estimate is derived from
International Monetary Fund (IMF) statistics including the IMF's
prediction . . .
Cyclical problems beset Thai economy.
When Market: Asia Pacific published its most recent analysis of
Thailand's consumer market prospects (in "Country Focus",
April 2005, 14:4) it was clear that drought had negatively impacted
growth. . . .
Philippine reforms move ahead.
Between June 9, 2005 and June 22, 2005, staff members of the
International Monetary Fund (IMF) visited the Philippines to assess the
country's economic prospects. On June 23, 2005, the IMF issues . . .
North Korea food crisis.(food supply demand)(Brief
Article)
Food prices in North Korea are climbing sharply higher and
contributing to a looming food disaster, says a June 13, 2005 BBC News
summary of the worsening situation. The situation has deteriorated . . .
Japan's economy makes steady progress.(Agence France-Press
report)(Gross Domestic Product)(Brief Article)
Japan is managing to hold onto its hard-won recovery, and Japanese
consumers are responsible for the staying power.
Agence France-Press (AFP) reported the official growth figures in a
dispatch on . . .
India's young people are calling.(youth indians mobile phone
user statistics)(Brief Article)
India appears to be at the forefront of the developing market for
mobile phone (and data) services to young people, according to the
Website mobic.com, an effort of The Mobile Internet Community . . .
Increased momentum for Japan's robot market.(robotics
industry forecast)
On June 23, 2005, several outlets carried a Reuters story
originating in Tokyo about the plans of a Japanese security company to
begin offering robot security services to offices, shopping malls, . . .
Consumer spending in New Zealand remains strong.
Consumer confidence in New Zealand dropped to a two-year low,
according to a June 22, 2005 release posted on the NZTV Website. The
confidence index, regularly prepared by Westpac-McDermott Miller, . . .
Bangladesh makes steady gains.
In terms of population, Bangladesh is the eighth biggest country in
the world. In South Central Asia, Bangladesh ranks third in population
behind India and Pakistan.
With its huge population, . . .
Pakistan battles rising food prices.
For the past few years, Pakistan has been pursuing a high growth
strategy and its macroeconomic statistics have improved markedly -
especially GDP. In 2001, GDP registered an anemic 2.7 percent . . .
Australian baby boomers' retirement woes.(Brief
Article)
Australia's baby boomers - that is the original post-World War
II baby boomers - may be in trouble according to a recent report in The
New Zealand Herald (Auckland).
Many of them, and by 'many' . . .
Malaysia continues to grow.(Brief Article)
The Malaysian government wants its country's consumers to
spend more to avoid a possible slowdown in growth due to a worldwide
slump in electronics sales. So to encourage spending in Asia's
third . . .
Japan looks ahead to 2030.
What will consumption look like in Japan in the year 2030?
This, and many other futuristic questions, are the subject of a
report titled, "Japan's 21st Century Vision" published by
a Japanese . . .
China's housing market.(Brief Article)
Morgan Stanley's Global Economic Forum Website for May 16,
2005 carried a timely posting about China's residential property
market.
The posting makes the point that affordable housing is the key . . .
Beer in Thailand becomes a social issue.
A proverb attributed to the fishermen of Ko Thao, an island known
for its mangrove forests and diving, reads, "one man, one beer, no
problem." Unfortunately, not all of Thai society sees it that . . .
India's retail sector poised to expand.
India's government is seriously considering opening up the
country's important retail sector to Foreign Direct Investment
(FDI) as a way of stimulating enhanced retail "organization"
and, . . .
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