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Articles Written by: NIPA PIBOONTANASAWAT
HONG Kong's inflation accelerated in January as the Lunar New Year holiday prompted extra spending.
Consumer prices rose 3.1 percent from a year earlier, the government said yesterday on its Website, after gaining 2.1 percent in December. That was ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
23 Feb 2009
Hong Kong / New Delhi: India may add to interest rate and tax cuts announced early this month as declining output and exports indicate Asia’s third biggest economy is headed for a deeper than expected slowdown, an official said.
The government is ...
From NIPA PIBOONTANASAWAT AND KARTIK GOYAL,
livemint.com,
15 Dec 2008
HONG Kong Chief Executive Donald Tsang said a recession in 2009 is "inevitable" because of the global financial crisis, but forecast the economy would recover in 2010.
"The next 12 months will be very difficult for us," Tsang said yesterday.
"The ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
8 Dec 2008
CHINA'S trade surplus probably fell for a fourth straight month, increasing the likelihood of more government measures to sustain the economy's expansion rather than stamp out inflation.
The gap narrowed 17 percent to US$20.25 billion in July from a ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
8 Aug 2008
HONG Kong's exports fell for the first time in more than two years in June as shipments to the United States, Japan and the Chinese mainland declined.
Overseas sales dropped 0.6 percent from a year earlier to HK$223.2 billion (US$29 billion), the ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
24 Jul 2008
CHINA'S economic expansion probably slowed for a fourth straight quarter as exports cooled, raising the possibility that the government will switch focus to sustaining growth from fighting inflation.
Gross domestic product grew 10.3 percent in the ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
15 Jul 2008
MACAU will cap the number of gambling tables in the city at 5,000 for an unspecified time as the government tries to regulate the casino industry, the South China Morning Post reported, citing Secretary for Economy and Finance Francis Tam.
The ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
6 Jul 2008
ZHOU Xiaochuan, the governor of the People's Bank of China, said he can't rule out an interest-rate increase to curb inflation near a 12-year high.
"It's always possible, we don't exclude any possibility," Zhou told reporters yesterday in Basel, ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
30 Jun 2008
HONG Kong's inflation accelerated last month as food prices climbed and the city's currency fell against the yuan, pushing up import costs.
Consumer prices increased 5.7 percent from a year earlier, the local government said yesterday on its Website. ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
20 Jun 2008
HONG Kong's jobless rate stayed at the lowest level in a decade, helping domestic consumption to sustain economic growth as the export outlook dims.
The seasonally adjusted jobless rate for the three months ended May 31 stayed at 3.3 percent, the ...
From NIPA PIBOONTANASAWAT,
Shanghai Daily,
17 Jun 2008
