Minjun ParkFinance
Bank of Korea Projected to Lift 2026 Economic Growth Estimate Past 3%
A surge in semiconductor demand and a rebound in consumer spending prompt analysts to lift full-year expansion forecasts as high as 3.4 per cent.
Tag
GDP
Every story tagged GDP on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged GDP
54 stories in this topic
Aiko TanakaLiving
Japan Households Brace for Further Price Hikes Amid Weak Consumer Spending
Japanese households face renewed financial pressure as companies prepare to pass on rising crude oil costs to consumers from summer onwards, exacerbating a slowdown in domestic demand. This comes after GDP growth was driven by external factors.
Wei ZhangGeneral
HCMC Aims to Double Vietnam’s Average with $9,800 Per Capita Income in Ambitious 2026 Growth Plan
Ho Chi Minh City (HCMC), Vietnam’s largest city, has outlined ambitious economic goals for the year ahead. The city plans to increase its per capita income by 12%, bringing it to $9,800, a figure that is twice the national average. This is a significant…
Sarah ChenFinance
Vietnam’s Economy Soars: Standard Chartered Forecasts 7.5% GDP Growth in 2025 Amid Robust Trade and FDI Inflow
Standard Chartered Bank has revised its economic growth forecast for Vietnam this year from an initial prediction of 6.1% to a more promising 7.5%. In its most recent macroeconomic report, Standard Chartered also adjusted its growth prospect for the country…
Rajiv MenonFinance
UOB Upgrades Vietnam’s 2025 GDP Growth Forecast to an Optimistic 7.5%
Vietnam’s economy is on a remarkable upswing, with the latest data from UOB’s Global Economics & Markets Research unit indicating a booming GDP expansion of 7.52% in the first half of the year—the fastest growth for this period since 2011. This vibrant…
Rajiv MenonFinance
UOB Boosts Vietnam’s GDP Growth Outlook to an Impressive 6.9%
Vietnam’s economy is doing a celebratory dance. A report from UOB’s Global Economics & Market Research Unit reveals that in the second quarter of 2025, Vietnam’s real GDP soared by an impressive 7.96% year-on-year, well surpassing Bloomberg’s forecast of…
Wei ZhangGeneral
World Bank Projects 5.8% GDP Growth for Vietnam by 2025
Vietnam’s Economic Landscape: Navigating Global Trade Shifts and Strengthening Growth Prospects As a trade-dependent economy, Vietnam is significantly influenced by evolving global trade policies. Currently, the U.S. is Vietnam’s largest export market,…
Aiko TanakaGeneral
Retail sales up 3.5% in first two months, thanks to government’s pro-growth measures
China is gradually shrugging off the negative impact of the pandemic, as official data showed that retail sales in the first two months of 2023 expanded, following China’s optimization of its COVID-19 response. Chinese experts predicted that retail sales will…
Minjun ParkFinance
World Bank lowers Vietnam growth forecast to 5.3 pct
The World Bank has cut its growth forecast for Vietnam this year to 5.3 percent, due to surging Covid-19 infection in Q1 and economic slowdown in its major export markets. This has been the second time the bank lowers its 2022 projection for the country. Last…
Minjun ParkFinance
Malaysia’s economy likely to slow in April to June 2019
Malaysia’s economy is likely to grow at a slow rate in April to June 2019 in view of the decline in the Leading Index (LI) in December 2018, according to the Statistics Department. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the monthly change of…
Rajiv MenonFinance
Malaysia’s economy expands 4.7% in Q4 2018
The Malaysian economy grew at a faster pace of 4.7% in the fourth quarter (Q4) of 2018 driven by private sector activity. This compares with a 4.4% growth in Q3 2018. For 2018 as a whole, the local economy also expanded 4.7%. According to Bank Negara Malaysia…
Rajiv MenonFinance
Malaysia to post 4.4% GDP growth for Q4 2018: StanChart
Standard Chartered has projected Malaysia’s gross domestic product (GDP) to remain at 4.4% in the fourth quarter (Q4) of 2018. However, full-year GDP is expected to come in lower at 4.6% compared with 5.9% in 2017. Bank Negara Malaysia will release Q4 GDP…
Minjun ParkGeneral
US retail sales expected to grow at slower rate in 2019
US retail sales are expected to climb between 3.8 per cent and 4.4 per cent to more than US$3.6 trillion ($4.97 trillion) in 2019, according to data from the National Retail Federation (NRF). The predicted rise in retail sales, which is excluding automobile…
Sarah ChenFinance
Vietnam per capita income matches Malaysia’s 20 years ago
Vietnam’s recent economic achievements notwithstanding, much effort is needed for it to close the gap with other countries, a minister has said. Minister of Planning and Investment Nguyen Chi Dung said at a conference Wednesday that while Vietnam’s GDP per…
Aiko TanakaFinance
Malaysia may feel bite of China economic slowdown
The slowdown in China may impact Malaysia more given the strong trade linkage with China, according to PublicInvest Research. “China is not only our biggest trade partner in 2018 (YTD 2018: 16.7%) but also our largest export market (YTD 2018: 13.9%) and our…
Aiko TanakaFinance
Malaysia’s GDP growth likely to return to 4.6-5.0% range in 2020: UBS economist
Malaysia’s real gross domestic product (GDP) growth is likely to return to the 4.6-5% trend range in 2020 as economic drag diminishes, said UBS Investment Bank economist Edward Teather. He said the impact of the trade war and the government’s institutional…