Monthly Archives: September 2014

S&P raises India outlook, eyes reforms under Modi

Ratings agency Standard & Poor’s raised India’s credit outlook to “stable” on Friday (Sep 26) , saying the prospects for economic reforms had grown under Prime Minister Narendra Modi’s new right-wing government. Although S&P kept its main sovereign credit rating … Continue reading

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China manufacturing gauge picks up in September

China’s manufacturing sector saw a surprise pick-up in September, a closely watched survey showed Tuesday (September 23), providing some respite after a string of weak data pointing to a slowdown in world’s second-latest economy. China’s manufacturing sector saw a surprise … Continue reading

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FDI in Thailand up 21% in 2013

  Foreign Direct Investment (FDI) in Thailand showed a 20.9-per-cent increase to US$13 billion (Bt419 billion) last year, though an uncertain political outlook poses a challenge, said a report by Escap. According to the “Asia-Pacific Trade and Investment Report 2014” … Continue reading

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China’s need for speed ‘drives global car market’

  Young, rich and hungry for speed: a new generation of Chinese drivers is reshaping the global market with their taste for powerful cars, according to a study released on Wednesday (Sep 25). Asia and particularly China, the world’s second-largest … Continue reading

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Vietnam’s trade confidence index hits 3-year high

  Vietnam’s short-term outlook took a positive turn after the Trade Confidence Index rose to 120 in the first half of this year, its highest in three-and-a-half years, in HSBC’s release of its latest trade survey on Wednesday. Almost half … Continue reading

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Nepal, India sign deal to build hydropower plant

Kathmandu on Friday (Sep 19) signed a long-delayed agreement with New Delhi to build Nepal’s biggest hydropower plant in a bid to kickstart economic growth and ease crippling electricity shortages in both countries. A vast network of fast-flowing rivers through … Continue reading

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Small Chinese firms ready for the big leap

Companies get prepared to challenge established rivals in overseas markets Alibaba Group Holding Ltd, Huawei Technologies Ltd, Lenovo Group Ltd and Haier Electronics Group Co have become household names in China and the Western corporate world. But for a giant … Continue reading

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