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Taiwan Nov export order growth seen at +8.8pc y/y, below Oct pace TAIPEI: Orders for Taiwan's exports in November may have grown 8.8 percent from a year earlier, a Reuters poll showed, which would be significantly slower than the previous month's surge.The median result in a Reuters poll of 11 analysts shows November's rise in export orders would moderate from the 13.4 percent year-on-year gain notched in October.Taiwan's export orders are a leading indicator of demand for Asia's exports and for hi-tech gadgets, and typically lead actual exports by two to three months. Copyright Reuters, 2014 ...

India moves closer to a nationwide sales tax NEW DELHI: India's plans to rationalise state and federal indirect taxes into a harmonised goods and service tax (GST) took a step closer to reality after New Delhi struck a deal with recalcitrant states, two government sources told Reuters. Finance Minister Arun Jaitley brokered a compromise on Monday evening that would pave the way for a key constitutional amendment to be tabled in the current parliamentary session that runs to Dec. 23. "Developments have been ...
Japan flash Dec manufacturing PMI rises to 52.1 from final 52.0 in Nov TOKYO: Growth in Japanese manufacturing activity picked up slightly in December and output grew at the fastest pace since September, a survey showed on Tuesday, suggesting the economy is recovering from a recession in the third quarter. The Markit/JMMA flash Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 52.1 in December from a final 52.0 in November.The index remained above the 50 threshold that separates contraction from expansion for the seventh consecutive ...
China to lower import taxes for some goods from January BEIJING: China will adjust its import and export taxes from Jan. 1 as part of bigger efforts to re-order its trade sector and foster economic growth, the Finance Ministry said on Tuesday. To refine the mix of Chinese imports, China will levy provisional taxes lower than that reserved for countries under the Most Favoured Nation category, a status given to some nations to ensure that they enjoy lower tariffs. Imports for which taxes will be ...
NZ to miss budget surplus as economic growth slows WELLINGTON: The New Zealand government will miss its long-awaited budget surplus this year because a slump in dairy prices and low inflation have hit tax income, Finance Minister Bill English said on Tuesday. English said a deficit of NZ$572 million (convert) was now expected for the year to June 2015 compared with a surplus of NZ$297 million forecast in the pre-election economic and fiscal update in August. "While things are working well for New Zealand ...
Chinese November FDI jumps 22.2pc: govt BEIJING: Foreign investment into China accelerated in November, government data showed Tuesday, despite a worsening slowdown in the world's second-largest economy and concerns over business risks.Foreign direct investment (FDI) -- which excludes financial sectors -- rose 22.2 percent year-on-year, the commerce ministry said, totalling $10.36 billion.The figure compares with an increase of 1.3 percent in October to $8.53 billion. FDI had hit a four-year-low in August of $7.20 billion.For the first 11 months of 2014, ...
Colombian construction boom boosts third-quarter growth BOGOTA: Colombia's economy grew 4.2 percent in the third quarter from a year earlier, the government's statistics agency said on Monday, with construction offsetting a flagging industrial sector and declining oil income. The increase was the smallest since the first quarter of 2013 and was just below the 4.3 percent median forecast of analysts in a Reuters survey. The data will probably reinforce expectations that the central bank will hold the benchmark interest rate when ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln